---
title: "Lightspeed Venture Partners Closes Over $9B, Doubles Down on AI"
description: "Lightspeed Venture Partners closed more than $9B across six vehicles, with roughly 55% earmarked for AI infrastructure, applications, and AI-native software."
date: 2025-12-15T00:00:00.000Z
tags: ["lightspeed-venture-partners", "fund-close", "venture-capital", "artificial-intelligence", "startup-funding"]
source: https://venturecapitaltracker.com/2026-lightspeed-venture-partners-9b-new-funds
---

# Lightspeed Venture Partners Closes Over $9B, Doubles Down on AI

> Lightspeed Venture Partners closed more than $9B across six vehicles, with roughly 55% earmarked for AI infrastructure, applications, and AI-native software.

**Lightspeed Venture Partners** closed **more than $9B across six vehicles**, with roughly **55% earmarked for AI**, pushing firm AUM past $35B.

## Key facts

- **Firm:** Lightspeed Venture Partners (founded 2000, Menlo Park)
- **Raise:** $9B+ across six vehicles (incl. ~$3.3B Opportunity Fund III, ~$1.8B Select VI)
- **AI focus:** ~55% of capital; 165 AI-native companies backed since 2012 ($5.5B+)
- **AUM:** $35B+; 85% of LP capital from re-ups

## Why this matters

The mega-raise gives Lightspeed Venture Partners firepower to lead early and inflection-growth rounds for AI companies worldwide, reinforcing a decade-long AI conviction.

## Sources

1. Lightspeed closes $9B+ (Business Wire, Dec 15, 2025): https://www.businesswire.com/news/home/20251215319417/en/Lightspeed-Closes-Over-%249B-in-New-Funds-Aimed-at-Backing-Category-Definers-Worldwide
2. Lightspeed $9B raise analysis (ValueAdd VC): https://valueaddvc.com/blog/lightspeed-venture-partners-9b-raise-strategy-focus-and-what-lps-are-betting-on