Fund closes signal where limited partner capital is flowing and which investment theses GPs believe will outperform over the next decade. Our fund-close coverage tracks debut funds, flagship successors, sector specialists, and emerging managers raising new vehicles.
See the latest venture capital fund closes and launches below.
Mazama announced $135 million of new capital including Series B (Axios: funding and grants). Ridgeline closed $250 million Series E at $1.425 billion, Duffield-led. Matter closed Fund II at $450 million. Roundup: Activate $105M, Raindrop Series A (amount undisclosed, $50M total), dtcpay $25M Series A completion.
Matter closed Fund II at $450 million on September 16, 2026. Strategic LPs include ASML, TSMC, and Kleiner Perkins. Founding partner Wen Hsieh spent 17 years at Kleiner. Directory overlap: Eridu. Do not mix Fund II with Rhoda’s $450M Series A.
September 16–17, 2026: Impulse Space added $308 million to Series D (combined $808 million; Reuters source $5.6 billion). Bain Capital Ventures closed Fund XI at $1.6 billion. Portage closed Ventures IV at about $600 million ($7.0 billion is AUM). Noetive launched with $41 million seed. Treble $18 million and syte €9 million are briefs.
Portage announced a final close of Portage Ventures IV at about $600 million on September 16, 2026. The firm’s $7.0 billion AUM as of June 30, 2026 already includes this vehicle. New strategic LPs named: Broadridge and Fifth Third Bank.
Bain Capital Ventures said on September 16, 2026 that Fund XI is $1.6 billion of total capital for early- and growth-stage technology. Bloomberg put the predecessor at $1.4 billion. Bain Capital’s about $225 billion AUM is the parent platform, not this vehicle.
Tech.eu reported on September 16, 2026 that London/Paris firm Brighteye Ventures first-closed Fund III at $72 million and said firm AUM is now $245 million. Mandate is early-stage European “HumanOS” (learning, work, labour infrastructure). Named new LPs: Lumina Foundation, Zanichelli, PI Impact. No firm press URL retrieved.
