Lightspeed raises over $4 billion across three funds

Date posted: Wednesday 6 May 2020

Lightspeed Venture Partners has announced the closing of three new investment vehicles, totalling $4.2 billion in fresh capital commitments. Lightspeed Venture Partners XIII has raised $890 million and will support early-stage companies from seed to Series B rounds, while Lightspeed Venture Partners Select IV, which has a corpus of $1.83 billion, will look to accelerate existing portfolio companies and identify new investments.

(ET Tech)