Lightspeed Venture Partners raises $4.2bn

The US-headquartered venture capital firm held final closes on three funds.

  • Fund names: Lightspeed Venture Partners XIII, Lightspeed Venture Partners Select IV, Lightspeed Opportunity Fund
  • Amount raised: $4.22 billion
  • Stage of fundraising: Final close
  • Final close date: April 2020

Lightspeed Venture Partners has held a final close on three funds. The Menlo Park-headquartered firm closed Lightspeed Venture Partners XIII on $890 million, Lightspeed Venture Partners Select IV on $1.83 billion and Lightspeed Opportunity Fund on $1.5 billion. The vehicles will target venture capital opportunities in the enterprise and consumer sectors.