Blackstone (Tech Hub)

Private equity firm
New York, New York, USAFounded 1985www.blackstone.comSee connections →Compare with Coatue ManagementLast verified Aug 11, 2026

Private equity and growth-stage investor managing large technology portfolios through its Technology Hub.

At a glance

Blackstone (Tech Hub) appears in 10 funding rounds tracked by ValueAddVC since 2025, leading 4. Its most frequent sector in these rounds is AI & Infrastructure, and its most recent tracked deal was Factory's $200M round (Sep 16, 2026). It co-invests most often with Coatue Management, Sequoia Capital and Altimeter Capital. ValueAddVC also tracks 5 funds managed by Blackstone (Tech Hub).

Strategy

Stages
Growth / Buyouts (via BXG)
Sectors
Technology
Geographies
miamiNew York, New York, USA
Check size
Undisclosed
Last verified Aug 11, 2026

Recent changes

  1. Oct 17, 2026Follow-on: Invested in Anthropic ($60B) TokenPost
  2. Oct 8, 2026Invested in Waymo (Debt, $5B) TechCrunch
  3. Oct 6, 2026Invested in Lambda (Pre-IPO, Up to $4B)Rumored TechCrunch
  4. Sep 16, 2026Invested in Factory ($200M) TechFundingNews
  5. Aug 13, 2026Invested in Databricks (Strategic growth round, $5B) Bloomberg
Earlier changes (10)
  1. Aug 7, 2026Invested in Firmus (Growth, US$2B (A$2.85B)) Startup Daily
  2. Jul 2026Invested in Quantum Systems (Series D, $1.2B) Wikipedia
  3. May 28, 2026Follow-on: Invested in Anthropic (Series H, $65B) TechCrunch
  4. Nov 2025Follow-on: Invested in Norm AI (Strategic investment, $50M) Norm Ai
  5. Oct 20, 2025Invested in OpenEvidence (Series C, $200M) TechCrunch
  6. Sep 2, 2025Invested in Anthropic (Series F, $13B) TechCrunch
  7. Jan 2025Invested in Norm AI (Strategic investment, $48M) Norm Ai
  8. Jun 28, 2024New fund: Blackstone Capital Opportunities Fund V SEC EDGAR Form D
  9. Nov 19, 2020New fund: Blackstone (Tech Hub) Growth Fund I SEC EDGAR Form D
  10. Aug 7, 2019New fund: Blackstone (PTI Fund Holdings) (DE) SEC EDGAR Form D

Funds

5
FundVintageSizeStrategySource
Blackstone Tactical Opportunities Fund (VG Co-Invest)2026—Side vehicleSide vehicle (parallel, feeder, affiliate or SPV) — not the flagship close
As of Aug 19, 2026SEC EDGAR Form D
Blackstone Capital Opportunities Fund V2024—Opportunity
As of Jan 12, 2026SEC EDGAR Form D
Blackstone (Tech Hub) Growth Fund I2020—Growth
As of Nov 19, 2020SEC EDGAR Form D
Blackstone (PTI Fund Feeder) (Cayman)2019—Side vehicleSide vehicle (parallel, feeder, affiliate or SPV) — not the flagship close
As of Aug 7, 2019SEC EDGAR Form D
Blackstone (PTI Fund Holdings) (DE)2019—Flagship
As of Aug 7, 2019SEC EDGAR Form D

Portfolio

12 total

Recent Investment Activity

12

Track record: led 4 and participated in 6 of 10 tracked venture rounds · 8 in the last 12 months · led 1 Pre-IPO, 1 Series D, 1 Strategic investment

DateCompanyEventRoleAmountValuationInvestorsSource
Oct 17, 2026AnthropicdebtLed$60B—
Blackstone (Tech Hub)Leadunverified
TokenPost
Oct 8, 2026WaymoDebtLed$5B$126B
Blackstone (Tech Hub)LeadunverifiedSixth StreetunverifiedCapital GroupunverifiedT. Rowe PriceunverifiedApollo Global ManagementunverifiedBlue Owl CapitalunverifiedFranklin TempletonunverifiedFidelity InvestmentsunverifiedPIMCOLoomis SaylesDiameter Capital PartnersHPS Investment Partners
TechCrunch
Oct 6, 2026LambdaPre-IPORumoredLedUp to $4B~$18.5B
Blackstone (Tech Hub)LeadunverifiedCoatue ManagementLeadunverified
TechCrunch
Sep 16, 2026Factoryfunding roundLed$200M$5BTechFundingNews
Aug 13, 2026DatabricksStrategic growth roundParticipated$5B$190B
Coatue ManagementLeadunverifiedBlackstone (Tech Hub)unverifiedMGXunverifiedT. Rowe PriceunverifiedSixth StreetunverifiedBondunverifiedPoint72unverifiedPremji InvestunverifiedTPGunverifiedAndreessen HorowitzunverifiedThrive CapitalunverifiedClearlake Capital
Bloomberg
Aug 7, 2026FirmusGrowthParticipatedUS$2B (A$2.85B)A$15B (~US$10.5B)
Coatue ManagementLeadunverifiedNvidiaLeadunverifiedBlackstone (Tech Hub)unverifiedJane StreetunverifiedRegal Funds ManagementunverifiedEllerston CapitalunverifiedArchibald CapitalTectonic Investment Management
Startup Daily
Jul 2026Quantum SystemsSeries DLed$1.2B$8BWikipedia
May 28, 2026AnthropicSeries HParticipated$65B$965BTechCrunch
Nov 2025Norm AIStrategic investmentLed$50M—
Blackstone (Tech Hub)Leadunverified
Norm Ai
Oct 20, 2025OpenEvidenceSeries CParticipated$200M—TechCrunch
Sep 2, 2025AnthropicSeries FParticipated$13B$183BTechCrunch
Jan 2025Norm AIStrategic investmentParticipated$48M—
VanguardunverifiedBlackstone (Tech Hub)unverifiedBain CapitalunverifiedCiti VenturesunverifiedCoatue ManagementunverifiedTIAA
Norm Ai

Sector / Stage Activity

By sector (portfolio)
AI infra
5 · 42%
Defense
2 · 17%
Cybersecurity
1 · 8%
Enterprise SaaS
1 · 8%
Developer tools
1 · 8%
Healthcare
1 · 8%
Robotics
1 · 8%
By stage (tracked rounds)
Strategic investment
2 · 17%
Debt
1 · 8%
Pre-IPO
1 · 8%
Strategic growth round
1 · 8%
Growth
1 · 8%
Series D
1 · 8%
Series H
1 · 8%
Series C
1 · 8%
Series F
1 · 8%

Co-Investors

12

Similar Firms

overlapping sector, stage or region

Latest Pulse

  1. Blackstone Closes $8.7B Energy Transition Fund VBlackstone closed Energy Transition Partners V at its $8.7B hard cap, more than 50% larger than its predecessor fund, after demand exceeded its fundraising target.→
  2. Anthropic's $60B Debt Plan Would Pay Blackstone 10%+ YieldsAnthropic is negotiating a $60 billion chip-financing package, Project North Star, that would have Blackstone funds anchor an $18 billion junior tranche at yields above 10% to fund 1.5 gigawatts of Google TPUs.→
  3. Charter's CFO Jumps to a Blackstone-Google AI VentureCharter Communications CFO Jessica Fischer is leaving to become CFO of a Blackstone-Google joint venture building US AI data-center capacity, seeded with $5 billion in equity toward 500 megawatts by 2027.→
  4. August's AI Infrastructure Deals Already Top $8.7BDatabricks' $5B raise, Firmus' $2B round, Castelion's $1B Series C and Etched's $700M add up to $8.7B in AI infrastructure and adjacent capital-intensive funding in August alone.→
  5. August's Mega-Rounds Have Already Cleared $9BFive disclosed rounds in the first two weeks of August 2026 -- Databricks, Firmus, River AI, Lovable and Form Energy -- total roughly $9.25 billion, with data infrastructure and AI compute taking three quarters of it.→
  6. Firmus Grid Raises $2B for AI Factories in APACAustralian AI infrastructure builder Firmus Grid closed a fully subscribed $2 billion round from Nvidia, Coatue and Blackstone, pushing its valuation above $10.5 billion to fund AI-factory expansion across Australia and Asia-Pacific.→
  7. Ex-Bitcoin Miner Firmus Raises $2B for AI FactoriesFormer bitcoin miner Firmus Grid raised a $2 billion strategic round from Nvidia, Coatue and Blackstone, pushing its post-money valuation above $10.5 billion to build AI data centers across Australia and the Asia-Pacific.→
  8. Jersey Mike's Falls Below IPO Price in NYSE DebutJersey Mike's shares opened as much as 9% below their $23 IPO price on the NYSE Thursday before partially recovering, after the Blackstone-backed sandwich chain raised roughly $1 billion valuing the company at $7.3 billion.→
  9. Jersey Mike's Raises $1B in Blackstone-Backed NYSE DebutJersey Mike's began trading on the NYSE under ticker JMKE after pricing its IPO at $23 a share, raising roughly $1 billion and valuing the sandwich chain at $7.3 billion, though shares opened below the IPO price as Blackstone retains majority voting control.→
  10. Jersey Mike's Prices IPO Tonight at Up to $7.9B ValuationBlackstone-backed Jersey Mike's Subs prices its IPO Wednesday night at a targeted $21-$25 a share, valuing the 70-year-old sandwich chain at up to $7.9 billion ahead of its Thursday debut on the NYSE under ticker JMKE.→
  11. Jersey Mike's Set To Price $8B IPO This WeekBlackstone-backed sandwich chain Jersey Mike's is set to price its IPO this week at a targeted valuation near $8 billion, the largest US consumer IPO of 2026 in the sector's weakest listing year in a decade.→
  12. Anthropic, Blackstone Bet Big on AI ImplementationAnthropic and Blackstone are betting the next trillion-dollar AI business will be built on implementation and deployment services rather than model development itself.→
  13. Quantum Systems Raises $1.2B Series D as Europe Bets Big on Sovereign DroneQuantum Systems, a German maker of autonomous drones and multi-domain uncrewed systems, closed a $1.2 billion Series D co-led by Blackstone, Airbus Defence and Space and Advent International, more than doubling its valuation to roughly $8 billion.→

Blackstone (Tech Hub) FAQ

What companies has Blackstone (Tech Hub) invested in?

Blackstone (Tech Hub)'s portfolio includes Anthropic, Shield AI, Firmus, Waymo, Lambda, OpenEvidence, and 6 more tracked companies.

Who does Blackstone (Tech Hub) co-invest with most?

In the rounds Value Add tracks, Blackstone (Tech Hub) most often invests alongside Coatue Management (7 shared deals), Andreessen Horowitz (4 shared deals), Fidelity Investments (4 shared deals), Sequoia Capital (4 shared deals), SV Angel (4 shared deals).

Sources & methodologyshow
Where these figures come from

Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.

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