Inspired Capital Deploys $330M Fund III Behind Bold Founders
Inspired Capital, founded by Alexa von Tobel and Penny Pritzker, is deploying its $330M Fund III, pushing AUM to about $900M across three funds.
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.
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Inspired Capital, founded by Alexa von Tobel and Penny Pritzker, is deploying its $330M Fund III, pushing AUM to about $900M across three funds.
First Round Capital launched Fund X targeting about $500M, keeping its pre-seed and seed focus and pushing total AUM toward $3B.
CRV closed its twentieth flagship fund, CRV XX, at $750M in four weeks, doubling down on early-stage investing and stepping back from late-stage Select funds.
Frazier Life Sciences closed Fund XII at over $1.3 billion on July 31, 2025 — one of the largest biotech venture funds closed in July 2025.
July 2025 brought Boldstart's $250M Fund VII, Betaworks' $66M AI fund, and Verified Capital's $175M debut — plus $6.77B in global new VC dry powder.
Greenwich and Miami-based Glade Brook Capital closed Strategic Growth Fund IV at $515 million on July 22, 2025, targeting FinTech, AI, SpaceTech, and DefenseTech growth equity.