Partner promotions, new fund launches, and notable hires across venture capital -- who's moving where.
Sequoia is ending its pioneering scouts program as part of a broader overhaul that also closes its London office, with rivals including Andreessen Horowitz already trimming their own scout rosters.
Sequoia Capital is closing its London office, shutting its Arc accelerator and Scouts program, and flattening its partnership after raising roughly $10 billion in new funds.
Ted Schlein's Ballistic Ventures is seeking $490 million across two new vehicles, a $360 million third flagship fund and a $130 million Fund B, to keep backing cybersecurity startups.
Former LocalGlobe investor Yvonne Bajela has closed her debut vehicle, Evertrue Fund I, at $17 million -- oversubscribed from an original $13 million target -- to back early-stage AI and fintech startups in the UK and Europe.
Entourage Ventures has closed its second fund at €100 million, beating an original €75 million target within two weeks, to back roughly 25 pre-seed and seed-stage companies across Europe and other markets.
As of October 23, 2026, new figures show Anthropic's earliest backers -- Eric Schmidt, Spark Capital, Iconiq, Menlo and Coatue -- sitting on paper stakes worth billions ahead of an IPO that could value the company at up to $2 trillion.
Andreessen Horowitz renamed its nearly $10 billion digital-asset practice from a16z Crypto to a16z Frontier, broadening its mandate to AI and robotics as its first crypto investor departs.
Reach Capital partner James Kim told Crunchbase News the $265 million fund V firm looks for founders willing to make 'weird and maybe uninvestable' bets across education, health and work technology.
MVP Ventures, an early investor in Anduril, is reportedly in talks to raise a $100 million opportunities fund to increase its stakes in its best-performing portfolio companies, according to Newcomer.
Eric Schmidt reportedly owns about 1% of Anthropic, roughly half of CEO Dario Amodei's 2% stake, a position that could be worth up to $20B if Anthropic goes public near its reported $2T IPO valuation target.
Inspired Capital closed its fourth fund at $450 million, pushing total assets under management toward $1.4 billion as the New York firm argues founders need both coasts, not just Silicon Valley.
Benchmark closed $2 billion across a core early-stage fund and a $1.25 billion growth fund, only its second oversized raise in 31 years, while each of its five partners keeps making just two to three new bets a year.
XPRIZE founder Peter Diamandis and biologist Yianni Psaltis closed the first fund of NeoGenesis Capital, a venture firm built to back Colossal Biosciences and startups spun from its programmable-biology platform.
Techable VC founder Amulya Vishwanath, a seven-year Nvidia robotics veteran, argues general AI models won't trigger robotics' breakthrough moment until the industry's basic hardware and software building blocks mature.
At TechCrunch Disrupt, Benchmark partners said the AI boom is straining VC's old norm against funding direct rivals, pointing to OpenAI and Anthropic sharing dozens of the same investors.
Benchmark partners said at TechCrunch Disrupt that the unwritten rule against VCs backing direct competitors is under real strain as AI reshuffles startup categories overnight.
Aldaron, a new private-equity firm founded by veterans of Palantir and Carlyle, closed its debut fund with about $885 million in commitments, pushing total assets under management close to $1 billion.
Indian venture firms are opening Bay Area offices and chasing AI-focused founders, with Indian VCs making more than 100 US investments over the past two years.
Stella & Dot founder Jessica Herrin raised a $5 million seed round led by Forerunner Ventures for Marklo, an AI tool that plans marketing campaigns for consumer brands.
Pear VC closed its $333 million Fund V, pushing total assets under management past $1.1 billion as the pre-seed and seed investor promotes three internal partners to general partner.
Microsoft's outgoing science president Peter Lee, who helped evaluate GPT-4 before its public release, is negotiating a newly created AI advisor role with the Mercedes Formula 1 team.
Union Square Ventures raised $900 million across a new early-stage fund and opportunity fund while reducing its active general partnership to four people.
Vinod Khosla is publicly betting on Wajo, a trust-focused AI agent from ex-Google/DeepMind engineer Shivani Poddar that's already drawn angel backing from Jeff Dean and Gokul Rajaram.
New York's Niobrara Capital Partners closed its debut Founders Fund and parallel funds with more than $1.1 billion, about 50% above target, plus co-investment vehicles pushing total commitments above $1.5 billion, with former Secretary of State Mike Pompeo as a partner.
Days after a public dispute between Factory's CEO and Khosla Ventures, Menlo Ventures joined Factory's round at a $5 billion valuation -- a pointed show of confidence in a company whose own backer just called it second-tier.
Even as nine-figure AI rounds dominate headlines, new VC funds keep closing: a16z crypto raised $2.2 billion, Khwarizmi Ventures closed Fund II above $70 million, and fresh funds are launching weekly.
Y Combinator named Juni Learning and Acely co-founder Vivian Midha Shen and Cron founder Raphael Schaad as General Partners, elevating both from Visiting Partner after two batches working with YC's startups.
Meta has hired MongoDB's chief executive to lead a newly created enterprise AI division, a notable outside hire as Meta tries to sell AI tools to businesses rather than just consumers.
A senior Figma executive is joining AI inference startup Baseten, another sign that operating talent is flowing from the application layer toward the AI infrastructure layer.
Bessemer Venture Partners closed $5.75 billion across two new funds -- $1.75 billion for seed and early stage, $4 billion for growth -- to back AI-native founders from first check through late-stage rounds.
NBA veteran Chris Paul joined Owl Ventures, the $2.2 billion EdTech-focused venture firm, as a Venture Partner, a formal operating role that extends the athlete-to-VC pattern into a more structured institutional commitment.
