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We have updated our exclusive directory of more than 400 women-led venture capital firms from around the world.

The Colorado-based VC firm has invested in 61 companies across 30 years, leading to 28 exits and 10 IPOs.

Limited partners in previous funds include Powder Mill Foundation, Albuquerque Community Foundation, Ball Brothers Foundation and Berkshire Taconic Community Foundation.

Limited partners include AMB Holdings, Builders Vision, Cisco Foundation, Stray Works and Australian impact investing firms Understorey Ventures and Wedgetail.

The Silicon Valley-based firm plans to invest in physical and applied AI through SAFE notes at the earliest stages.

With LPs such as Phoenix Insurance, Clal Insurance and Amitim Pension Funds, the fund will invest in 10-12 companies.

General partner Steve Vassallo explains how Foundation's laser focus on early-stage has generated big exits from investments in Solana, Venafi and ForgeRock.

LPs in previous funds include Carlyle Group co-founder Bill Conway, New Mexico State Investment Council and the California Public Employees' Retirement System.

Fundraising for the global venture capital industry totaled $80.1bn in 2025, down 38% from the previous year, according to Venture Capital Journal research.

Limited partners in the new fund include BDC Capital and Canadian Imperial Bank of Commerce and new strategic investors Caterpiller and Autodesk.