· Venture Capital Tracker · investment-strategies · 2 min read
September 1 VC News: a16z Growth $8.5B, Kepler $8M, Cloover $100M Facility
September 1 tape: a16z’s fifth Growth fund now totals $8.5 billion ($1.75 billion top-up, not a new vehicle), Kepler Aerospace $8 million seed for Indian swarm ISR, Cloover’s $100 million lending facility at a claimed $350 million run rate, and Cherubic Fund VI at $68.88 million. YC Summer Demo Day is September 10.
VCT data record
Funding event facts
Source-backed financing and transaction details. Unknown terms remain undisclosed rather than estimated.
a16z fifth Growth fund reaches $8.5B
Top-up of the existing Growth fund. Not Machine Age.
- Event type
- Fund Close
- Event date
- Aug 31, 2026
- Amount
- $8.5B
- Confidence
- Company Disclosed
Sources: a16z.com
September 1, 2026 did not print a US mega-round. The tape that still needed a page after other August 31 drafts: a16z’s Growth fund now $8.5 billion (a $1.75 billion top-up of January’s $6.75 billion launch, not a new vehicle), Kepler Aerospace $8 million seed, Cloover’s $100 million facility (not equity), and Cherubic Fund VI at $68.88 million. Machine Age remains a separate $1.1 billion hardware vehicle from August 28. Last verified September 1, 2026. This index does not duplicate open drafts covering Gridsight, Polymarket, Adaptyv, Clerky, Sharpa, or Onos.
What this pass adds
| Company / page | Amount or mark | Status | Why it matters |
|---|---|---|---|
| a16z Growth | $8.5B total ($1.75B add-on) | Company-confirmed; not a new vehicle | Scaling-stage book, three days after Machine Age |
| Kepler Aerospace | $8M seed | Reported (TOI / Fortune India) | First external equity since 2018; launch target Dec 2027 |
| Cloover | $100M facility | Reported; not equity | Company: profitable at >$350M run rate |
| Cherubic VI | $68.88M | Company PR | Early-stage; AUM >$500M is six-fund, not this vehicle |
| YC Demo Day | n/a | YC post | Summer 2026: Sep 10. Fall: Dec 2. Apply page is Winter 2027 |
Full memos linked in the table above. YC’s 2026 Demo Day dates: Summer Demo Day Thursday, September 10; Fall December 2. The apply page still lists Winter 2027 as the live window.
Roundup only — verified, no standalone URL
| Date | Item | Amount | Notes |
|---|---|---|---|
| Sep 1 | xorlab Series A+ | €5M | Spicehaus led; named customers Julius Bär, Swisscom, CERN (Tech.eu). No entity. |
| Sep 1 | Airbility Series A | ₩6.5B (~$4.7M) | Saje Partners lead; ₩10.5B total (Seoul Economic Daily). Korean counter-drone. No entity. |
| Sep 1 | Beaten Zone Fund I | A$26M | Brisbane defence VC. Australian dollars. Target had been A$60M. No /fund/ page. |
| Sep 1 | Auxxo Female Catalyst Fund II | €33.3M | Berlin. Compare Capital F $17M. No /fund/ page. |
| Sep 1 | Turing (Korea) Series B | $5M / ₩7B | GPAI study agent. Not Turing.com. No entity. |
| Sep 1 | Drumbeat seed | NZ$2M | NZ AI comms. Too small for a memo. |
No action / already covered elsewhere: Onos Health $17M (on main), Polymarket ~$1B / $21B reported (open draft), Alteon $2.5M (open draft), Gridsight / Reframe / Helcim / Adaptyv / Clerky / Sharpa.
Month hub: September 2026 VC news. Next day: September 2. Prior month: August 2026 VC news.
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Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.