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.