New venture funds filed in June 2024
104 new venture funds and 257 SPVs filed their first Form D with the SEC in June 2024, with $6.01B in total target capital across the 62 funds that stated a size. The largest was Kleiner Perkins Select Fund III, LLC (Kleiner Perkins) at $1.2B; California led with 38 new funds; the most common sponsor sectors were AI & ML (18), Biotech & Pharma (12) and Healthcare (11). New fund filings were down 16% from May 2024 (124).
Updated from SEC Form D filings · How we count · Methodology
- New funds
- 104
- 124 in May
- New SPVs
- 257
- 273 in May
- Target capital
- $6.01B
- across 62 funds with a stated size
- Median fund
- $20M
- offering size
- Largest fund
- $1.2B
- Kleiner Perkins
- Sponsoring firms
- 94
- most in California
What was the largest venture fund filed in June 2024?
Kleiner Perkins Select Fund III, LLC, sponsored by Kleiner Perkins (CA), with a $1.2B offering, first filed on Jun 28, 2024. The next largest was Kleiner Perkins XXI, LLC (Kleiner Perkins) at $825M.
Which states had the most new venture funds in June 2024?
California (38), New York (14), Texas (10), Delaware (8) and Massachusetts (6), counted by the sponsoring firm's home state. California's new funds target $3.27B in total.
What sectors do the firms behind June's new funds invest in?
AI & ML (18), Biotech & Pharma (12), Healthcare (11), Cybersecurity (9) and B2B Software (8) lead, by the sectors each sponsoring firm backs. 55 of the 104 funds come from firms with no sector on record yet.
How many SPVs were filed in June 2024?
257 new SPVs and other deal vehicles filed a first Form D in June 2024, against 104 new funds. SPVs are single-deal or co-investment vehicles and are counted separately from funds.
How does June 2024 compare with May 2024?
104 new funds against 124 (−16%), 257 SPVs against 273, and $6.01B of target capital against $5.47B.
Every new venture fund in June 2024
104 funds, largest first. Size is the total offering amount on the fund’s latest Form D; “—” means the filing gives no amount (often an indefinite offering).
| Firm | Fund | Size | State | First filed | Source |
|---|---|---|---|---|---|
| Kleiner Perkins | Kleiner Perkins Select Fund III, LLC | $1.2B | CA | SEC filing | |
| Kleiner Perkins | Kleiner Perkins XXI, LLC | $825M | CA | SEC filing | |
| Radical Ventures | Radical Ventures Growth Fund I, L.P. | $763M | A6 | SEC filing | |
| Griffin Gaming Partners | Griffin Gaming Partners III, L.P. | $500M | CA | SEC filing | |
| USV | USV 2024, LP | $275M | NY | SEC filing | |
| Valor | Valor Venture Fund V, L.P. | $250M | IL | SEC filing | |
| Glasswing Ventures | Glasswing Ventures III, L.P. | $203M | MA | SEC filing | |
| Redpoint Omega | Redpoint Omega V, L.P. | $200M | CA | SEC filing | |
| Canary | Canary IV, L.P. | $150M | D5 | SEC filing | |
| Collab | Collab VI, L.P. | $125M | GA | SEC filing | |
| Ferocity Capital | Ferocity Capital II LP | $100M | CA | SEC filing | |
| Courtside Ventures | Courtside Ventures IV, L.P. | $100M | NY | SEC filing | |
| LoLa Capital Partners | LoLa Capital Partners I, LP | $100M | MA | SEC filing | |
| Gigafund | Gigafund 0.28, LP | $100M | TX | SEC filing | |
| Contrary | Contrary Capital V, L.P. | $90.9M | CA | SEC filing | |
| ADvantage | ADvantage II, LP | $90M | NY | SEC filing | |
| Ahoy Capital | Ahoy Capital Explorer II LP | $75M | CA | SEC filing | |
| Fundomo | Fundomo Fund I, LP | $70M | NY | SEC filing | |
| Milemark | Milemark Capital Partners I LP | $70M | MA | SEC filing | |
| 8-Bit Capital | 8-Bit Capital II, L.P. | $60M | CA | SEC filing | |
| Capstar Ventures | Capstar Ventures II, L.P. | $60M | TX | SEC filing | |
| Meridian Street | Meridian Street 2024, L.P. | $60M | NY | SEC filing | |
| Refactor Capital | Refactor Capital IV, L.P. | $50M | CA | SEC filing | |
| Raisewell Ventures | Raisewell Ventures Fund I, LP | $32.5M | CA | SEC filing | |
| S1 Seed Ventures | S1 Seed Ventures I, LP | $30M | IL | SEC filing | |
| Holly Ventures | Holly Ventures Fund I, L.P. | $30M | CA | SEC filing | |
| Acropolis | Acropolis Fund I LP | $30M | GA | SEC filing | |
| Apprentis Ventures | Apprentis Ventures Fund I, LP | $25M | NH | SEC filing | |
| Gigafund | Gigafund 0.27, LP | $25M | TX | SEC filing | |
| Stretford End | Stretford End Fund II, L.P. | $20M | WA | SEC filing | |
| Mischief | Mischief 2.1, L.P. | $20M | CA | SEC filing | |
| Cultivation Capital | Cultivation Capital AgTech Fund IV, L.P. | $20M | MO | SEC filing | |
| Emerging Technologies Synergy | Emerging Technologies Synergy Fund I, L.P. | $20M | CA | SEC filing | |
| Capital | Capital F Fund I, L.P. | $17M | CA | SEC filing | |
| KF LPB | KF LPB, LLC | $16.2M | NY | SEC filing | |
| Abstraction Capital | Abstraction Capital II LP | $15M | MO | SEC filing | |
| Gigafund | Gigafund 0.26, LP | $15M | TX | SEC filing | |
| CRCP Av | CRCP Av, LP | $13.7M | MA | SEC filing | |
| Industrious Ventures | Industrious Ventures I, L.P. | $12.5M | UT | SEC filing | |
| Svai | Svai 1 LLC | $12.4M | DE | SEC filing | |
| Backwards Capital | Backwards Capital Fund I, LP | $12M | NY | SEC filing | |
| IE III Sense | IE III Sense LP | $10.7M | CA | SEC filing | |
| IDEA | IDEA FUND IV - Va, LP | $10M | NC | SEC filing | |
| Layout Ventures | Layout Ventures I, L.P. | $10M | CA | SEC filing | |
| Fontes | Fontes III, LP | $10M | VA | SEC filing | |
| Strange Ventures | Strange Ventures Fund I LP | $10M | CA | SEC filing | |
| WAVE | WAVE Venture Producers Fund, LP | $7.72M | TX | SEC filing | |
| Minds | Minds Capital Fund 1 LP | $6.6M | TX | SEC filing | |
| Glasswing Ventures | Glasswing Ventures Special Growth Opportunities Fund, L.P. | $6.25M | MA | SEC filing | |
| PetVC | PetVC Fund I, LP | $6M | FL | SEC filing | |
| Ocampo Capital | Ocampo Capital Fund I LP | $5.83M | CA | SEC filing | |
| AGDF4 | AGDF4 LP | $5.75M | NY | SEC filing | |
| Operator Collective | Operator Collective Capital III, L.P. | $5.25M | CA | SEC filing | |
| Mini Fund Global II, LLC \ DE | Mini Fund Global II, LLC \ DE | $5M | CA | SEC filing | |
| Catalio | Catalio Access Fund VII, LLC | $5M | NY | SEC filing | |
| Bochi Burgerville | Bochi Burgerville LLC | $4.89M | DE | SEC filing | |
| Nsv2us | Nsv2us LP | $4.24M | FL | SEC filing | |
| Rt-Ai | Rt-Ai III LLC | $4M | FL | SEC filing | |
| Talok Capital 0.1 AI | Talok Capital 0.1 AI Fund LLC | $3.9M | CA | SEC filing | |
| AGDF9 | AGDF9 LP | $3.55M | NY | SEC filing | |
| Converge | Converge Fund I-Annex, LP | $3M | MA | SEC filing | |
| Hyperlink Selector | Hyperlink Selector, L.P. | $3M | VA | SEC filing | |
| Inter-Atlantic | Inter-Atlantic Fund X, L.P. | — | NY | SEC filing | |
| Overview Capital | Overview Capital Fund II, L.P. | — | NY | SEC filing | |
| AltScore Founding Team Members | AltScore Founding Team Members, LLC | — | DE | SEC filing | |
| FrontierX | FrontierX I, LP | — | CA | SEC filing | |
| KdT Ventures | KdT Ventures Fund IV, LP | — | TX | SEC filing | |
| Venture Center Arkansas | Venture Center Arkansas Fund I, LP | — | AR | SEC filing | |
| PV WinPra | PV WinPra LP | — | AZ | SEC filing | |
| Ineffable Ventures | Ineffable Ventures Breeoot LLC | — | CT | SEC filing | |
| Ineffable Ventures | Ineffable Ventures Rightway LLC | — | CT | SEC filing | |
| Brave Capital | Brave Capital Rhino Fund LP | — | CA | SEC filing | |
| Paradigm | Paradigm Two LP | — | TX | SEC filing | |
| Paradigm | Paradigm Two (US) Feeder LP | — | TX | SEC filing | |
| TFP CSP | TFP CSP LLC | — | DE | SEC filing | |
| VVC Veterans | VVC Veterans Fund II Feeder, LLC | — | VA | SEC filing | |
| VVC Veterans | VVC Veterans Fund II LP | — | VA | SEC filing | |
| 7GC & Co. Opportunity Partners | 7GC & Co. Opportunity Partners, Anthropic LLC | — | NY | SEC filing | |
| AH 2024 Annual | AH 2024 Annual Fund, L.P. | — | CA | SEC filing | |
| Asto Peoples | Asto Peoples LP | — | TX | SEC filing | |
| FrontierX | FrontierX II, LP | — | CA | SEC filing | |
| Green Book Ventures Horizon | Green Book Ventures Horizon III LLC | — | DE | SEC filing | |
| Quona | Quona Blue Earth Special Opportunity LLC | — | DC | SEC filing | |
| Octave Ventures | Octave Ventures Fund II LP | — | NV | SEC filing | |
| K-RX | K-RX, LLC | — | CA | SEC filing | |
| Oxford Alumni Venture | Oxford Alumni Venture Fund III, LP | — | CA | SEC filing | |
| Oxford Alumni Venture | Oxford Alumni Venture Fund III-Q, LP | — | CA | SEC filing | |
| BYL Ventures | BYL Ventures I, LP | — | CA | SEC filing | |
| Gather Ventures | Gather Ventures FUND II LP | — | NJ | SEC filing | |
| T1V Lunar | T1V Lunar 1-2 LLC | — | DE | SEC filing | |
| D3VC | D3VC Fund I, LP | — | CO | SEC filing | |
| HF0 | HF0 Fund V-A LP | — | CA | SEC filing | |
| HF0 | HF0 Fund V LP | — | CA | SEC filing | |
| Fusion | Fusion Fund IV, L.P. | — | CA | SEC filing | |
| General Partnership | General Partnership II-A, LP | — | CA | SEC filing | |
| Builders VC | GP Builders Fund II, LP | — | CA | SEC filing | |
| MTECH Capital | MTECH Capital FUND II LP | — | CA | SEC filing | |
| Genoa Ventures | Genoa Ventures Fund III, LP | — | CA | SEC filing | |
| Lightspeed | Lightspeed M1-B, LLC | — | CA | SEC filing | |
| Arcee CSP | Arcee CSP LLC | — | DE | SEC filing | |
| Carya Venture Partners | Carya Venture Partners Fund II, LP | — | WA | SEC filing | |
| Civilization Ventures | Civilization Ventures III, L.P. | — | CA | SEC filing | |
| Glosso Ventures | Glosso Ventures FUND I, LP | — | NY | SEC filing | |
| TSP WRC | TSP WRC Fund 1 | — | DE | SEC filing |
New funds by state
By the sponsoring firm’s home state.
| State | New funds | SPVs | Fund target |
|---|---|---|---|
| California | 38 | 33 | $3.27B |
| New York | 14 | 19 | $638M |
| Texas | 10 | 5 | $214M |
| Delaware | 8 | 57 | $17.3M |
| Massachusetts | 6 | 6 | $396M |
| Virginia | 4 | 3 | $13M |
| Florida | 3 | 9 | $14.2M |
| Washington | 2 | 96 | $20M |
| Georgia | 2 | 3 | $155M |
| Connecticut | 2 | 1 | — |
| Illinois | 2 | 0 | $280M |
| Missouri | 2 | 0 | $35M |
| Colorado | 1 | 4 | — |
| New Hampshire | 1 | 3 | $25M |
| North Carolina | 1 | 2 | $10M |
New funds by sector
By the sectors the sponsoring firm backs; a fund counts in each. 55 funds’ firms have no sector on record.
| Sector | New funds | SPVs | Fund target |
|---|---|---|---|
| AI & ML | 18 | 75 | $1.31B |
| Biotech & Pharma | 12 | 12 | $2.13B |
| Healthcare | 11 | 17 | $408M |
| Cybersecurity | 9 | 8 | $314M |
| B2B Software | 8 | 24 | $410M |
| Climate & Energy | 6 | 31 | $465M |
| Media, Gaming & Creator | 6 | 10 | $610M |
| Fintech | 5 | 15 | $125M |
| Insurtech | 5 | 9 | $200M |
| Deep Tech | 3 | 9 | $10M |
| Developer Tools | 3 | 3 | $150M |
| Mobility & Logistics | 2 | 49 | $125M |
| Food & Agriculture | 2 | 24 | $270M |
| Defense & Aerospace | 2 | 2 | $2.02B |
| Space | 1 | 18 | — |
New SPVs and deal vehicles in June 2024
The 50 largest of 257; each sponsor’s profile lists the rest of its deal vehicles.
Show the 50 largest SPVs
| Firm | Fund | Size | State | First filed | Source |
|---|---|---|---|---|---|
| Nea CH | Nea TS 2024 SPV, L.P. | $155M | CA | SEC filing | |
| SCVC | Fund SCVC-PV-LXVI, a series of SCVC Advisors, LP | $50M | CA | SEC filing | |
| Feng Mao Cap | Intelligence 2, a series of Feng Mao Cap, LP | $40.5M | WA | SEC filing | |
| Type One | Type One Soul VC 1-1, a series of Type One Ventures Master Syndicate LLC | $40M | CA | SEC filing | |
| Abundance | ConstitutionalAI Fund a Series of Abundance Master Fund LLC | $33.3M | NY | SEC filing | |
| Night Capital | UN Fund IV, a series of Night Capital Opportunities, LP | $27.3M | CA | SEC filing | |
| Shechina Ventures | Shechina Ventures Fund LLC - Series AIG | $25M | CA | SEC filing | |
| Caffeinated Capital | Caffeinated Capital Saronic SPV, LLC | $20M | CO | SEC filing | |
| HQTOF Endeavor | HQTOF Endeavor SPV, L.P. | $17M | CA | SEC filing | |
| Abundance | Constitutional AI a Series of Abundance Master Fund LLC | $12.7M | NY | SEC filing | |
| Oval Park | Oval Park SPV Targan4d LLC | $10.3M | NC | SEC filing | |
| TCF2 Halfday | TCF2 Halfday SPV 1 LP | $9.25M | CA | SEC filing | |
| Type One | Type One Soul VC 2, a series of Type One Ventures Growth GP, LLC | $9.1M | CA | SEC filing | |
| Velvet Fenix | VELVET SPX Opportunity II a Series of Velvet Fenix LLC | $6.58M | DE | SEC filing | |
| 6529 NFT Fund AI | Goose NFT, a series of 6529 NFT Fund AI, LP | $6.28M | WA | SEC filing | |
| Renewal5 | Renewal5 (International) Limited Partnership | $6.05M | A1 | SEC filing | |
| HQTOF Endeavor | HQTOF Endeavor SPV-B, L.P. | $6M | CA | SEC filing | |
| Nadia Partners | Nadia Partners (Beacon Data Centers) LLC | $6M | NY | SEC filing | |
| Verdure Venture Partners | VG-24 a Series of Verdure Venture Partners LLC | $5.91M | DE | SEC filing | |
| Hiive Anthropic | Hiive Anthropic Series V a Series of Hiive Anthropic LLC | $5.71M | DE | SEC filing | |
| Nadia Partners | Nadia Partners (Dromore Energy II) LLC | $5.27M | NY | SEC filing | |
| Nexus NeuroTech | Nexus NeuroTech SPV II, L.P. | $5.11M | CA | SEC filing | |
| Giordano Capital | Per IV, a series of Giordano Capital X, LP | $4.64M | SD | SEC filing | |
| Fuel Venture Capital | Series H-3, LLC an Individual Protected Series of Fuel Venture Capital Co-Invest Series, LLC a Series LLC | $3.81M | FL | SEC filing | |
| Operators Studio | Fund 1, a series of Operators Studio Funds, LP | $3.5M | CA | SEC filing | |
| Balerion Space Ventures | Balerion Space Ventures Fund I (Onshore Parallel), L.P. | $3.48M | TX | SEC filing | |
| Okeanos | Okeanos SPV 121, LP | $3.34M | VA | SEC filing | |
| GSBackers MultiOn | GSBackers MultiOn Fund I a Series of CGF2021 LLC | $2.95M | DE | SEC filing | |
| Swift | Swift Ventures Arize SPV2 LP | $2.86M | CA | SEC filing | |
| Industrious Ventures | Industrious Ventures SPV - PS, LLC | $2.79M | UT | SEC filing | |
| JDY | JDY Anduril SPV a Series of JDY Holdings LLC | $2.46M | DE | SEC filing | |
| T1V Humanoid | T1V Humanoid 1 LLC | $2.41M | CA | SEC filing | |
| SP Mount Logan | SP Mount Logan, LLC | $2.29M | TX | SEC filing | |
| Scenic | Scenic Co-Invest Anthropic LLC | $2.27M | CA | SEC filing | |
| Fuel Venture Capital | B Capital Series Curve H-3 3(c)(7), LLC an Individual Protected Series of Fuel Venture Capital Co-Invest Series, LLC a Series LLC | $2.27M | FL | SEC filing | |
| MVC | MVC Fund III, LLC - Series G Units | $2.21M | WI | SEC filing | |
| Timeless | One Horizon - Timeless SPV I, LP | $2.16M | FL | SEC filing | |
| Starry Meadow | Starry Meadow I, LLC | $2.13M | FL | SEC filing | |
| XRC BRAND Capital | XRC BRAND Capital FUND I SPV NS LP | $2.1M | SC | SEC filing | |
| Rose Street Capital | Rose Street Capital II, LP | $2.02M | NY | SEC filing | |
| Mustard Seed | Mustard Seed Fund I LLC | $2M | NY | SEC filing | |
| LTV | LTV Fund XIV LLC | $2M | CA | SEC filing | |
| Forte | Forte CarIQ LLC | $2M | GA | SEC filing | |
| Wisdom Partners | FU-0306 Fund III, a series of Wisdom Partners, LP | $1.99M | WA | SEC filing | |
| Bochi Kagwerks Partners | Bochi Kagwerks Partners LLC | $1.91M | DE | SEC filing | |
| Anchor Capital | Cibo Vita a Series of Anchor Capital GP II LLC | $1.88M | MA | SEC filing | |
| Fuel Venture Capital | B Capital Series Curve H-3, LLC an Individual Protected Series of Fuel Venture Capital Co-Invest Series, LLC a Series LLC | $1.78M | FL | SEC filing | |
| Bochi RationALE Partners | Bochi RationALE Partners, a Series of Vauban Platform LP | $1.74M | DE | SEC filing | |
| Lotus Venture Partners | Lotus Venture Partners Fund I, LP | $1.73M | NY | SEC filing | |
| OurCrowd | OurCrowd (Investment in Grq) L.P. | $1.66M | L3 | SEC filing |
How we count
A new fund is a pooled investment vehicle that a US issuer marked “Venture Capital Fund” on SEC Form D, whose first original Form D notice (amendments don’t count) is dated in June 2024. Each one is attributed to the firm that sponsors it. A fund is counted once, in the month it first filed, however many amendments follow. Parallel and feeder vehicles that file separately are counted separately.
SPVs are single-deal, co-investment, sidecar and syndicate vehicles, series of a master fund, and offerings under $3M; they are counted apart from funds. Target capital is the sum of the total offering amounts on each fund’s latest Form D, for funds that state one; it is what the fund is raising, not what has closed. State and sector come from the sponsoring firm’s profile.
Form D filings can arrive late, so recent months can grow after a data rebuild. Months are published once they have at least 10 new funds. The data covers the last 15 quarters of the SEC’s Form D data sets. Full sources and field definitions are in the methodology.