News

The larger fund size will enable the deep tech, defense and space investor to lead rounds and write bigger initial checks for portfolio companies.

The storied venture firm raised $1bn for an early-stage fund and $2.5bn for growth funds, which are betting heavily on AI.

The firm began fundraising in March 2025 for Fund IV, which is targeting $50m to make seed investments in software start-ups.

Firm led by two ex-Marines closed on $148m for Fund III thanks to certification as a Critical Technology Fund by the US Small Business Administration and the Department of War.

With an LP base comprised mostly of single and multifamily offices and some sovereign wealth funds in the United Arab Emirates, the firm plans to invest in up to 20 start-ups in the US and Latin America.

Limited partners in the Canadian firm's debut fund that have re-upped in Fund II include Government of Quebec through Investissement Québec; BDC Capital; Fonds québécois d'amorçage de Teralys (financed by La Caisse, formerly CDPQ) and Capital régional et coopératif Desjardins.

'I think resonated in a market where seed stage funds suddenly started opportunity funds and everybody seemed to have a growth fund,' Breakout managing partner Lindy Fishburne tells VCJ.

Founded by Khosla Ventures veteran Sandhya Venkatachalam, the new seed-stage firm is backing AI companies that target the 'capacity crunch' to democratize access to critical services.

Michelle Volz, who was previously an investment partner for Andreessen Horowitz, raised her first fund in just 12 months.

Jeff Becker explains why Antler's US fund has more than doubled the size of its commitments, how AI is driving up start-up costs, and what it takes to be successful at the earliest stage of investing.