New venture funds filed in July 2024
123 new venture funds and 332 SPVs filed their first Form D with the SEC in July 2024, with $5.26B in total target capital across the 86 funds that stated a size. The largest was venBio Global Strategic Fund V, L.P. (venBio Global Strategic) at $505M; California led with 37 new funds; the most common sponsor sectors were AI & ML (30), B2B Software (16) and Healthcare (15). New fund filings were up 18% from June 2024 (104).
Updated from SEC Form D filings · How we count · Methodology
- New funds
- 123
- 104 in June
- New SPVs
- 332
- 257 in June
- Target capital
- $5.26B
- across 86 funds with a stated size
- Median fund
- $20.9M
- offering size
- Largest fund
- $505M
- venBio Global Strategic
- Sponsoring firms
- 114
- most in California
What was the largest venture fund filed in July 2024?
venBio Global Strategic Fund V, L.P., sponsored by venBio Global Strategic (CA), with a $505M offering, first filed on Jul 12, 2024. The next largest was NEA Secondary Opportunity Fund, L.P. (Nea CH) at $468M.
Which states had the most new venture funds in July 2024?
California (37), New York (20), Washington (9), Massachusetts (9) and Florida (8), counted by the sponsoring firm's home state. California's new funds target $2.62B in total.
What sectors do the firms behind July's new funds invest in?
AI & ML (30), B2B Software (16), Healthcare (15), Climate & Energy (11) and Biotech & Pharma (9) lead, by the sectors each sponsoring firm backs. 58 of the 123 funds come from firms with no sector on record yet.
How many SPVs were filed in July 2024?
332 new SPVs and other deal vehicles filed a first Form D in July 2024, against 123 new funds. SPVs are single-deal or co-investment vehicles and are counted separately from funds.
How does July 2024 compare with June 2024?
123 new funds against 104 (+18%), 332 SPVs against 257, and $5.26B of target capital against $6.01B.
Every new venture fund in July 2024
123 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 |
|---|---|---|---|---|---|
| venBio Global Strategic | venBio Global Strategic Fund V, L.P. | $505M | CA | SEC filing | |
| Nea CH | NEA Secondary Opportunity Fund, L.P. | $468M | CA | SEC filing | |
| Benchmark | Benchmark Partners 1, L.P. | $425M | WA | SEC filing | |
| Shield Capital | Shield Capital Fund II, L.P. | $350M | CA | SEC filing | |
| Shield Capital | Shield Capital Fund II-Parallel, L.P. | $350M | CA | SEC filing | |
| Second Century Ventures | Second Century Ventures Fund I, LP | $300M | IL | SEC filing | |
| Conviction Partners | Conviction Partners Fund II, L.P. | $230M | CA | SEC filing | |
| Galaxy | Galaxy Ventures Fund I, LP | $150M | NY | SEC filing | |
| Galaxy | Galaxy Ventures Offshore Fund I, LP | $150M | NY | SEC filing | |
| AV Apex | AV Apex Fund, LP | $150M | NH | SEC filing | |
| ego death capital | ego death capital fund II (AI), LP | $104M | TX | SEC filing | |
| ego death capital | ego death capital fund II (QP), LP | $104M | TX | SEC filing | |
| Pharsalus Capital | Pharsalus Capital Fund I, LP | $100M | NY | SEC filing | |
| Marque | Marque Fund II, L.P. | $100M | CA | SEC filing | |
| Lateral Frontiers | Lateral Frontiers Fund II LP | $100M | NJ | SEC filing | |
| Flying Fish | Flying Fish Fund III, LP | $100M | WA | SEC filing | |
| Flybridge | Flybridge 2025, L.P. | $100M | MA | SEC filing | |
| How Women Invest | How Women Invest III (Q), LP | $90M | CA | SEC filing | |
| THIRD Prime | THIRD Prime Alpha FUND IV, LP | $87.6M | NY | SEC filing | |
| Boost VC | Boost VC Deep Tech Fund 4, L.P. | $84.4M | CA | SEC filing | |
| Linse Capital | Linse Capital SKY III LP | $64.3M | PR | SEC filing | |
| Hidden Capital | Hidden Capital Fund I, L.P. | $60M | MI | SEC filing | |
| BAG Ventures | BAG Ventures Fund I, LP | $60M | CA | SEC filing | |
| Sandwich Capital | Sandwich Capital Fund I, L.P. | $60M | CA | SEC filing | |
| Primetime Partners | Primetime Partners Fund II, L.P. | $60M | NY | SEC filing | |
| Amboy Street Ventures | Amboy Street Ventures Fund II, L.P. | $50M | CA | SEC filing | |
| Magnify Ventures | Magnify Ventures II, L.P. | $46.8M | CA | SEC filing | |
| Aligned | Aligned Fund I LP | $40M | MA | SEC filing | |
| Crystal Venture Partners | Crystal Venture Partners Fund I, L.P. | $30.3M | NY | SEC filing | |
| Seae Ventures | Seae Ventures Unseen Early Seed II, LP | $30M | FL | SEC filing | |
| Redpoint Omega | Redpoint Omega IV-C, L.P. | $30M | CA | SEC filing | |
| Fiat Ventures | Fiat Ventures Fund II LP | $30M | CA | SEC filing | |
| Ambit Health Ventures | Ambit Health Ventures II, L.P. | $30M | MA | SEC filing | |
| DBDK Venture | DBDK Venture Fund II, L.P. | $28.8M | MA | SEC filing | |
| Strategy Capital Growth | Strategy Capital Growth Investors I LLC | $25.3M | CA | SEC filing | |
| Black Jays Ventures | Black Jays Ventures II LP | $25M | NY | SEC filing | |
| Upfront | Upfront Secondary III, L.P. | $25M | CA | SEC filing | |
| Aviso Ventures | Aviso Ventures Fund II, LP | $25M | WA | SEC filing | |
| MW LSVC Groq | MW LSVC Groq, LLC | $25M | CA | SEC filing | |
| TCP Capital | TCP Capital Fund I, LP | $25M | FL | SEC filing | |
| Grid Capital | Grid Capital Fund I, LP | $25M | IL | SEC filing | |
| CityRock Venture Partners | CityRock Venture Partners II, LP | $23.8M | NY | SEC filing | |
| Artis | Artis TechBio Select I, L.P. | $21.7M | CA | SEC filing | |
| Formation | Formation VC Fund I, L.P. | $20M | FL | SEC filing | |
| Flexcap | Flexcap Fund III, L.P. | $18.7M | FL | SEC filing | |
| Ravikant Capital | Ravikant Capital, LP - E3 | $18.2M | WA | SEC filing | |
| Expanse | Expanse Fund I LP | $18M | IL | SEC filing | |
| Circadian Ventures | Circadian Ventures Fund II, LP | $16.1M | GA | SEC filing | |
| Soma Capital | Soma Capital Fund IV-A, LP | $15M | FL | SEC filing | |
| Massive Tech Ventures | Massive Tech Ventures Fund, L.P. | $15M | WA | SEC filing | |
| Aito Capital | Aito Capital FUND I LP | $15M | CA | SEC filing | |
| MarcuSPV | MarcuSPV, LLC | $13.3M | MA | SEC filing | |
| B Ventures | B Ventures Group LP | $12.6M | CO | SEC filing | |
| Heroic Ventures | Heroic Ventures Growth Epsilon, LLC | $11M | PA | SEC filing | |
| Road Capital Venture | Road Capital Venture Fund I LP | $10.2M | FL | SEC filing | |
| How Women Invest | How Women Invest III, LP | $10M | CA | SEC filing | |
| Venture | Venture Investors Fund 6 Driver Fund, L.P. | $10M | WI | SEC filing | |
| OurCrowd | OurCrowd (Investment in NBSCII) L.P. | $10M | L3 | SEC filing | |
| Proximity | Proximity Fifth Down I, LLC | $10M | NY | SEC filing | |
| BAG Ventures | BAG Ventures Fund I-A, LP | $10M | CA | SEC filing | |
| Progressive Ventures | Progressive Ventures Fund I, LP | $9.77M | CA | SEC filing | |
| Base4 Private Ventures | Base4 Private Ventures IV LP | $9.28M | CA | SEC filing | |
| Solas Basking | Solas Basking Holdings, LLC | $9.01M | TN | SEC filing | |
| PVP | PVP H2, LP | $9M | NY | SEC filing | |
| A-N Partners | A-N Partners Fund I, LP | $7M | CA | SEC filing | |
| USV | USV Investors 2024, LP | $6.85M | NY | SEC filing | |
| Peer VC | Peer VC, LP - D2 | $6.58M | WA | SEC filing | |
| Sinewave Ventures | SineWave Ventures Direct 4B, L.P. | $6.13M | VA | SEC filing | |
| Heroic Ventures | Heroic Ventures Growth Delta, LLC | $6M | PA | SEC filing | |
| Renew Venture Lab | Renew Venture Lab Fund 2 LLC | $6M | CO | SEC filing | |
| SCP | SCP x LLC | $5.61M | NY | SEC filing | |
| GoEx Venture Capital | GoEx Venture Capital Fund I, LP | $5M | TN | SEC filing | |
| Valor | Valor Venture Fund V-A, L.P. | $5M | IL | SEC filing | |
| Jeremiah | Jeremiah Fund I, LP | $5M | AL | SEC filing | |
| Coherence Investment | Coherence Investment Fund, LP | $5M | WA | SEC filing | |
| SCP Dragon Investments | SCP Dragon Investments LLC | $4.5M | NY | SEC filing | |
| Alter VC | Alter VC Fund, LP - C4 | $4.35M | WA | SEC filing | |
| Ia-Aim | Ia-Aim, LLC | $4M | CA | SEC filing | |
| Altira Technology | Altira Technology VI Overflow Fund III LLC | $3.55M | CO | SEC filing | |
| Valor Ventures | Valor Ventures Fund 3 AIV LP | $3.5M | GA | SEC filing | |
| OVP | OVP-Carbonwave LLC | $3.33M | PA | SEC filing | |
| Nadia Partners | Nadia Partners (AI 1) LLC | $3.3M | NY | SEC filing | |
| Blockchain Coinvestors | Blockchain Coinvestors Fund VII-A LP | $3.25M | CA | SEC filing | |
| M13 So | M13 So x LLC | $3.2M | CA | SEC filing | |
| Preston-Werner Ventures | Preston-Werner Ventures Rolling Fund, LP - B3 | $3.02M | WA | SEC filing | |
| R&R Reelables | R&R Reelables Holdings LLC | $3M | MA | SEC filing | |
| Blockchange | Blockchange Fund, L.P. (Series 8) | — | FL | SEC filing | |
| Ineffable Ventures | Ineffable Ventures Groq LLC | — | CT | SEC filing | |
| Horizon Environment & Climate Solutions Partners II Employee | Horizon Environment & Climate Solutions Partners II Employee Fund Offshore Fund, L.P. | — | NY | SEC filing | |
| Industry Ventures | Industry Ventures Primary VII, L.P. | — | CA | SEC filing | |
| Stage 2 Capital | Stage 2 Capital Fund IV-A, LP | — | MA | SEC filing | |
| Stage 2 Capital | Stage 2 Capital Fund IV, LP | — | MA | SEC filing | |
| ACP | ACP Opportunities IV A LLC | — | TN | SEC filing | |
| Bochi Ghee Partners | Bochi Ghee Partners LLC | — | DE | SEC filing | |
| B Capital Climate | B Capital Climate I, L.P. | — | CA | SEC filing | |
| B Capital Global Growth | B Capital Global Growth IV, L.P. | — | CA | SEC filing | |
| B Capital Healthcare | B Capital Healthcare II, L.P. | — | CA | SEC filing | |
| Rice Capital | Rice Capital Fund I, LP | — | CA | SEC filing | |
| DawnBox Ventures | DawnBox Ventures Fund I, LP | — | MA | SEC filing | |
| Addison Ridge | Addison Ridge LLC | — | FL | SEC filing | |
| Aspira Capital | Aspira Capital Fund II LP | — | NJ | SEC filing | |
| Matchstick Ventures | Matchstick Ventures Fund IV, L.P. | — | MN | SEC filing | |
| Scope Ventures Fund IA | Scope Ventures Fund IA, L.P. | — | NY | SEC filing | |
| Enduring Love | Enduring Love LLC Trust in Healthcare | — | CA | SEC filing | |
| Niya Partners | Niya Partners TT II, LLC | — | DE | SEC filing | |
| Decisive | Decisive Point-Radiant Industries I, LLC | — | NY | SEC filing | |
| Dogwood Ventures | Dogwood Ventures FUND I, LP | — | GA | SEC filing | |
| Emerging Markets Cancer Ignition | Emerging Markets Cancer Ignition Fund I, LP | — | CA | SEC filing | |
| K2 Global AI | K2 Global AI Fund LLC | — | DE | SEC filing | |
| SaaSholic Clicksign | SaaSholic Clicksign II LLC | — | DE | SEC filing | |
| Parable Partners | Parable Partners I, L.P. | — | CA | SEC filing | |
| Streetlife Ventures | Streetlife Ventures Fund I, LP | — | NY | SEC filing | |
| TV Pivot | TV Pivot Investors, LP | — | DE | SEC filing | |
| Upstate Upstarts | Upstate Upstarts Fund | — | SC | SEC filing | |
| Earned Growth | Earned Growth Investors I LP | — | NY | SEC filing | |
| QCA Ffvii Ascent | QCA Ffvii Ascent LLC | — | OH | SEC filing | |
| Greenhouse Capital Partners | Greenhouse Capital Partners Fund III, LP | — | CA | SEC filing | |
| QCA First | QCA First Fund VII-A LLC | — | OH | SEC filing | |
| ForgePoint | ForgePoint Cyber Affiliates Fund III, L.P. | — | CA | SEC filing | |
| Ineffable Ventures | Ineffable Ventures Doti II LLC | — | CT | SEC filing | |
| Ineffable Ventures | Ineffable Ventures Doti LLC | — | CT | SEC filing | |
| ND Growth | ND Growth Investors III, LP | — | NY | SEC filing | |
| Terrain | Terrain I, LP | — | MD | SEC filing |
New funds by state
By the sponsoring firm’s home state.
| State | New funds | SPVs | Fund target |
|---|---|---|---|
| California | 37 | 23 | $2.62B |
| New York | 20 | 19 | $666M |
| Washington | 9 | 183 | $602M |
| Massachusetts | 9 | 3 | $215M |
| Florida | 8 | 2 | $119M |
| Delaware | 5 | 45 | — |
| Illinois | 4 | 0 | $348M |
| Tennessee | 3 | 4 | $14M |
| Colorado | 3 | 2 | $22.2M |
| Connecticut | 3 | 0 | — |
| Georgia | 3 | 0 | $19.6M |
| Pennsylvania | 3 | 0 | $20.3M |
| Texas | 2 | 10 | $208M |
| Ohio | 2 | 1 | — |
| New Jersey | 2 | 0 | $100M |
New funds by sector
By the sectors the sponsoring firm backs; a fund counts in each. 58 funds’ firms have no sector on record.
| Sector | New funds | SPVs | Fund target |
|---|---|---|---|
| AI & ML | 30 | 79 | $2.47B |
| B2B Software | 16 | 26 | $745M |
| Healthcare | 15 | 28 | $324M |
| Climate & Energy | 11 | 30 | $280M |
| Biotech & Pharma | 9 | 20 | $1.16B |
| Cybersecurity | 9 | 9 | $782M |
| Consumer | 6 | 10 | $729M |
| Deep Tech | 6 | 7 | $673M |
| Fintech | 5 | 6 | $250M |
| Defense & Aerospace | 5 | 2 | $791M |
| Crypto & Web3 | 4 | 11 | $133M |
| Industrial & Manufacturing | 4 | 3 | $194M |
| Food & Agriculture | 3 | 29 | $213M |
| Space | 3 | 17 | $134M |
| Real Estate & PropTech | 2 | 8 | $125M |
New SPVs and deal vehicles in July 2024
The 50 largest of 332; each sponsor’s profile lists the rest of its deal vehicles.
Show the 50 largest SPVs
| Firm | Fund | Size | State | First filed | Source |
|---|---|---|---|---|---|
| Type One | T1V TRB Open A Series of Type One Ventures Growth GP LLC | $70M | CA | SEC filing | |
| Shechina Ventures | Shechina Ventures Fund LLC - Series AIE | $50M | CA | SEC filing | |
| OpenAI Startup | OpenAI Startup Fund SPV IV, L.P. | $44.9M | CA | SEC filing | |
| 8VC ANSF | 8VC ANSF SPV I, LLC | $33M | TX | SEC filing | |
| PBC | Cartography Capital Fund II a Series of PBC LLC | $30M | DE | SEC filing | |
| Avicella Capital | Fund I, a series of Avicella Capital Fund, LP | $25M | WA | SEC filing | |
| Rerail Ventures | Rerail I, a series of Rerail Ventures, LP | $24.6M | WA | SEC filing | |
| Road Capital Venture | Road Capital Venture Fund I (Cayman) LP | $20.5M | FL | SEC filing | |
| Louise | Fund II, a series of Louise 326, LP | $20.2M | WA | SEC filing | |
| Buckley | Buckley PLCR CI SPV, LLC | $20M | CA | SEC filing | |
| Spice Capital | Fund II, a series of Spice Capital, LP | $20M | WA | SEC filing | |
| PeakSpan | PeakSpan CGP 02 - Finally, LLC | $20M | NY | SEC filing | |
| Cambrian VC | Fund II, a series of Cambrian VC, LP | $19.3M | WA | SEC filing | |
| 8VC Build Saronic | 8VC Build Saronic SPV, LLC | $14.2M | TX | SEC filing | |
| Global Alts | Global Alts SPV LLC - GROQ AI | $10.7M | WI | SEC filing | |
| The MBA VC | Fund III, a series of The MBA VC Fund, LP | $10M | WA | SEC filing | |
| Scrub Capital | Fund 1, a series of Scrub Capital, LP | $10M | WA | SEC filing | |
| HLM VM | HLM VM SPV, L.P. | $10M | MA | SEC filing | |
| Stage 2 Capital | Catalyst Fund III, a series of Stage 2 Capital X Fund, LP | $9.9M | MA | SEC filing | |
| 8VC Orse | 8VC Orse SPV, LLC | $9.2M | TX | SEC filing | |
| Solas Francis | Solas Francis Sidecar, LLC | $8.95M | TN | SEC filing | |
| 8VC ANSF | 8VC ANSF SPV I-A, LLC | $8.25M | TX | SEC filing | |
| Solas Stimdia | Solas Stimdia Sidecar, LLC | $7.5M | TN | SEC filing | |
| NC Global | NC Global L.P. - NC Cohere Series I | $7.33M | DE | SEC filing | |
| Node | Tenstorrent June 2024 a Series of Node Master LLC | $7.28M | DE | SEC filing | |
| Bios | Bios ONL Co-Invest II, LP | $7.21M | TX | SEC filing | |
| Hiive SpaceX | Hiive SpaceX Series II a Series of Hiive SpaceX LLC | $6.97M | DE | SEC filing | |
| Solas Cryosa | Solas Cryosa Sidecar, LLC | $6.92M | TN | SEC filing | |
| Retron VC | Retron VC Fund I, a series of Retron VC, LP | $6.66M | WA | SEC filing | |
| Bios | Bios 2024 Co-Invest, LP | $6.28M | TX | SEC filing | |
| Founders Equity Partners Tactical | Founders Equity Partners Tactical Opportunities, L.P. - Series Dragos S | $6.18M | WY | SEC filing | |
| PP CoInvest Acquisition Co | PP CoInvest Acquisition Co LLC | $6M | CO | SEC filing | |
| Todd & Rahul's Angel Deals | PL-0610 Fund IV, a series of Todd & Rahul's Angel Deals, LP | $5.72M | WA | SEC filing | |
| Solas Vesalio | Solas Vesalio Sidecar, LLC | $5.6M | TN | SEC filing | |
| Ascenta Capital | Ascenta Capital Project Ikigai SPV, L.P. | $5.58M | DE | SEC filing | |
| Gray Line | Gray Line Actuate SPV, LLC | $5.5M | WA | SEC filing | |
| Node | Tenstorrent June 2024 II a Series of Node Master LLC | $5.5M | DE | SEC filing | |
| Freedom Fund Venture Capital | Freedom Fund I, a series of Freedom Fund Venture Capital, LP | $5M | WA | SEC filing | |
| 20Product | Fund I, a series of 20Product, LP | $5M | WA | SEC filing | |
| Park Rangers Capital | Fund I, a series of Park Rangers Capital, LP | $3.9M | NY | SEC filing | |
| Giordano Capital | KRA3, a series of Giordano Capital X, LP | $3.51M | SD | SEC filing | |
| Groq Osa Capital | Groq Osa Capital a Series of CGF2021 LLC | $3.43M | DE | SEC filing | |
| Heron Rock AL | HE-0506 Fund V, a series of Heron Rock AL Access Funds, LP | $3.13M | WA | SEC filing | |
| Node | Tenstorrent June 2024 III a Series of Node Master LLC | $3M | DE | SEC filing | |
| Giordano Capital | GRO, a series of Giordano Capital X, LP | $2.9M | SD | SEC filing | |
| RoboSauron | RoboSauron, L.P. | $2.8M | CA | SEC filing | |
| Masad Capital | Masad Capital, LP - B3 | $2.71M | WA | SEC filing | |
| Juniper | Juniper Fund I a Series of Juniper Ventures Master LLC | $2.5M | IN | SEC filing | |
| Node | Tenstorrent June 2024 V a Series of Node Master LLC | $2.5M | DE | SEC filing | |
| Moguntia Capital | Moguntia Capital SPV II GmbH & Co. KG | $2.43M | 2M | 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 July 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.