GGV Capital Successor Granite Asia Raises $350M Credit Fund
Granite Asia, the Asia spin-out of GGV Capital, secured $350M+ in the first close of its $500M Libra Hybrid private credit fund and led Kuku’s $85M Series C.
Venture Capital Fund Closes & New Fund Launches
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.
What Fund Close Data Reveals
- LP conviction: Which strategies and managers are attracting commitments
- Stage focus: Seed, early, growth, and multi-stage fund trends
- Sector specialization: AI, biotech, fintech, climate, and defense funds
- Geographic expansion: New regional funds and cross-border vehicles
See the latest venture capital fund closes and launches below.
Related Articles (72 articles)
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645 Ventures Closes $347M Across Fund IV and Select Fund I
645 Ventures announced $347M in new capital — a $194M Fund IV and a $153M Select Fund I — pushing the seed and Series A firm past $550M in AUM.
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Collaborative Fund Launches $200M Collab SOS Sustainability Fund
Collaborative Fund announced Collab SOS, a $200M fund for Series A/B sustainable companies in materials, energy, and supply chains, after leading Cambiotics’ seed.
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Two Sigma Ventures Spins Out as Deviation Capital With $2B AUM
Two Sigma Ventures completed its spinout from quant firm Two Sigma to become independent Deviation Capital, carrying ~$2B in AUM and 79 portfolio companies.
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Spark Capital Raises $1.95B Growth Fund VI for Series B/C
Spark Capital filed to raise a $1.95B Growth Fund VI, expanding firepower for Series B and C rounds alongside a new early-stage fund.
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FJ Labs Raises Fund IV to Extend Marketplace Investing Machine
FJ Labs, the marketplace-focused firm of Fabrice Grinda, filed for Fund IV, reporting $73.5M raised as it continues its high-volume, non-lead strategy.