| a16z crypto |
2200 |
Closed its $2.2B fifth fund in May 2026 to invest across multiple stages in crypto, blockchain, and web3 companies globally; one of the largest dedicated crypto funds to date. |
Multi-stage (Seed to Growth) |
Global |
Crypto, Blockchain, Web3 |
$1M - $20M |
Fund V |
Chris Dixon |
| Haun Ventures |
1000 |
Closed its $1B second fund in May 2026, split evenly across early-stage and later-stage vehicles, to back crypto, blockchain, tokenized assets, and the agentic economy globally. |
Multi-stage (Early + Later) |
Global |
Crypto, Blockchain, Tokenized Assets, Financial Infrastructure, Agentic Economy |
$500K - $2M |
Fund II |
Katie Haun |
| A* |
450 |
Closed its $450M third fund in May 2026 to back early-stage AI, fintech, healthcare, and security startups, writing $3-5M checks into 30+ companies; follows its $315M Fund II (2024) and $300M Fund I (2021). |
Early (Seed-Series A) |
United States |
AI, Fintech, Healthcare, Security |
$3M - $5M |
Fund III |
Kevin Hartz |
| Mouro Capital |
400 |
Held the first close of its $400M third fund in May 2026 - fully committed by sole LP Banco Santander, pushing total commitments past $1B - to back fintech and AI financial-infrastructure startups from seed to Series C; seven investments already made |
Seed - Series C |
Europe, North America, Latin America |
Fintech, AI Financial Infrastructure, Capital Markets, Wealth Management, GRC, Insurtech |
$8M - $12M initial (up to $15-70M) |
Fund III |
Manuel Silva Martínez |
| Ridgeline |
180 |
Closed its $180M second fund in May 2026 to back pre-seed and seed startups in AI, advanced computing, hardware, and automation for manufacturing, logistics, energy, and defense; an SBIC backed by the SBA, FedEx, and Cisco. |
Pre-Seed, Seed |
United States |
AI, Advanced Computing, Hardware, Automation, Manufacturing, Logistics, Energy, Defense |
$1M - $5M |
Fund II |
Andrew McMahon |
| byFounders |
149,5 |
Closed its oversubscribed Fund III at SEK 1.4bn in May 2026 to back early-stage founders across the Nordics and Baltics via its community-powered model; early backer of Lovable. |
Pre-Seed, Seed (occ. Series A) |
Nordics, Baltics |
Technology (generalist), AI, DeepTech, HealthTech |
€500K - €4M |
Fund III |
Eric Lagier |
| Transition Ventures |
150 |
Closed its €128M Fund II in May 2026, lifting AUM past $300M, to back inception-to-Series A companies at the intersection of AI and the physical world; portfolio incl. Olix, Applied Atomics, Seneca. |
Inception - Series A |
Europe, United States (London & NYC) |
Energy Systems for AI, Industrial Robotics, Critical Minerals Refining (Physical AI) |
$1M - $8M |
Fund II |
David Helgason |
| Longwall Venture Partners |
115,5 |
Longwall 4 reached £86.2M of commitments toward a £100M target in May 2026, anchored by a £50M British Business Bank cornerstone, to back UK science & engineering deeptech, investing £500K-£2M into 14-16 companies. |
Startup, Early Stage |
United Kingdom |
Advanced Manufacturing, Clean Energy, Defence, Life Sciences |
£500K - £2M (~$670K-2.7M) |
Fund IV (Longwall 4) |
David Denny |
| AlphaDrive Ventures |
100 |
Launched its first $100M fund in May 2026 to back cybersecurity and AI startups across Israel, the U.S., and Europe, combining VC and PE approaches (AI-driven roll-ups and a Foundry model); five investments already deployed. |
Seed to Later-Stage |
Israel (primary), United States, Europe |
Cybersecurity, AI (Cyber-AI convergence) |
Flexible; single-digit $M (seed-later) |
Fund I |
Yaron Elad |
| Lightning Capital |
100 |
Launched its $100M early-stage Venture Fund II in May 2026 to back seed and Series A startups building around the second-order 'AI ripple effects'; ex-a16z partner Michele Griffin joined as GP & COO via a merger with Premier GTM. |
Seed, Series A |
United States (SF, Miami, NY; global remit incl. Europe) |
AI Ripple Effects (Industries, Infrastructure, Workforce) |
$1M - $5M (~10-15 companies) |
Fund II (Venture Fund II) |
Jason Albanese |
| Convective Capital |
85 |
Closed its $85M second fund in May 2026 to back early-stage disaster-resilience and physical-world-risk startups, broadening from firetech to wider resilience; follows its $35M Fund I (2022). |
Seed, Series A |
United States |
Disaster Resilience, Climate/FireTech, Insurtech |
$100K - $5M (sweet spot ~$1.5M) |
Fund II |
Bill Clerico |
| Kalos Ventures |
78,8 |
Closed its $78.8M first fund in May 2026 to back early-stage startups across workforce, care, and education; based in NYC. |
Early stage |
United States (NYC) |
Workforce, Care, Education |
$3M - $4M |
Fund I |
Ashley Bittner |
| Wisdom Ventures |
77,7 |
Closed its $77.7M second fund in May 2026 to back early-stage AI and health/wellness/human-connection startups, writing $1-5M checks into ~40 companies; LPs incl. Reid Hoffman, Stewart Butterfield, Jen Rubio; Fund I ($10M) backed OpenAI and Anthropic. |
Early stage / Seed |
United States (SF) |
AI, Health, Wellness, Human Connection |
$1M - $5M |
Fund II |
Bradley Horowitz |
| Digital Africa |
57 |
Launched its ~$57M seed fund in May 2026 to back ~30 startups across 20 underserved African markets outside the 'big four'; a French DFI programme backed by Proparco (AFD) and the French foreign ministry. |
Seed |
Africa (20 countries, ex-Nigeria/Kenya/SA/Egypt) |
AI, Fintech, E-health, Climate, Digital Infrastructure |
Up to €2M (~$2.3M) |
Seed Fund (DFI) |
Thandeka Xaba |
| Restive Ventures |
45 |
Closed Restive Fund III at $45M in May 2026 to back early-stage, AI-native fintech startups building the next generation of financial infrastructure (agentic payments, autonomous underwriting, AI-driven financial operations); Fund I (2019) marked at 6.3x, Fund II (2021) at 4x. |
Pre-Seed, Seed |
San Francisco-based, Geo not specified |
Fintech (AI-native), Agentic Payments, Autonomous Underwriting, AI Financial Operations |
$500K - $1M |
Fund III |
Ryan Falvey |
| Ugly Duckling Ventures |
40,3 |
Closed its 'Nest Fund II' above target at 260M DKK in May 2026 to back pre-seed and seed startups across Denmark and the Nordics in B2B software, MedTech, resilience tech, and business services; LP incl. EIFO. |
Pre-Seed, Seed |
Denmark, Nordics (FI/SE/NO/IS) |
B2B Software, MedTech, Resilience Tech, Business Services |
€100K - €1.5M |
Fund II |
Rune Hven-Jensen |
| Skybound Venture Capital |
38 |
Launched its $38M deeptech fund (oversubscribed first close, anchored by the European Investment Fund) in May 2026 to back pre-seed and seed founders building advanced software and hardware; first investment in Neurosoft Bioelectronics. |
Pre-Seed, Seed |
Europe (Athens HQ) |
Infrastructure, Advanced Computing, Bioengineering, Frontier Tech |
$500K - $2M |
Fund I |
Thaleia Misailidou |
| Meridian Ventures |
35 |
Closed its oversubscribed $35M institutional fund in May 2026 to back pre-seed and seed enterprise-tech startups founded by MBA-deferred entrepreneurs across the US; follows a $2.5M proof-of-concept fund that backed 45 companies. |
Pre-Seed, Seed |
United States |
Enterprise Tech, Fintech, Logistics, Healthcare, AI |
$500K (pre-seed) / $750K (seed) |
Fund I (first institutional) |
Devon Gethers |
| Cleo Ventures |
34,5 |
Launched its €30M pre-seed/seed fund dedicated to AI startups in May 2026 to back European AI-native founders, often before product exists; backed by 40+ AI entrepreneurs as LPs. |
Pre-Seed, Seed |
Europe |
AI (Legal, Finance, Cybersecurity, Customer Support, Content Creation) |
€300K - €1M (~$345K-1.15M) |
Fund I |
Antoine Veret |
| Off Piste Capital |
30 |
Launched its €25M solo-GP first fund in May 2026 to back pre-seed and seed startups in infra-AI, defense, crypto, and space across the U.S. and Europe. |
Pre-Seed, Seed |
United States, Europe |
Infra-AI, Defense, Crypto, Space |
$500K - $2M |
Fund I (Solo GP) |
Max Samuel |
| Top Down Ventures |
28 |
Closed its inaugural Founders Fund I at C$38M in May 2026 to back early-stage software and AI startups serving MSPs and SMBs; backed by 100+ LPs from the MSP community. |
Early/Seed |
North America (Canada, US) |
Software, AI, MSP/IT-Services, SMB Automation |
$250K - $3M |
Fund I |
Joel Abramson |
| Skinos Ventures |
26 |
Closed its $26M first fund in May 2026 to back seed and Series A AI-cybersecurity startups in Israel. |
Seed, Series A |
Israel |
AI Cybersecurity |
~$2.5M per stage |
Fund I |
Yishay Yovel |
| N49P |
25 |
Held a $25M first close in May 2026 to back pre-seed and seed Canadian tech startups, writing $500K-1.5M checks; new LP Northleaf. |
Pre-Seed, Seed |
Canada |
Technology (generalist) |
$500K - $1.5M |
Fund IV (first close) |
Alex Norman |
| Arāya / Sie Fund |
10,1 |
Closed its £7.5M first fund in May 2026 to back pre-seed and seed startups across the UK and Europe in AI, deeptech, fintech, health, and sustainability. |
Pre-Seed, Seed |
United Kingdom, Europe |
AI, DeepTech, Fintech, Health, Sustainability |
£100K - £300K (~$134K-402K) |
Fund I |
Rupa Popat |
| Bellatrix Investment Managers |
10 |
Launched its $10M Ndjaba Seed Fund - the firm's first dedicated venture capital vehicle - in May 2026 to back early-stage startups across Southern Africa, targeting 35-50 companies over a 10-year horizon. |
Pre-Seed, Seed |
Southern Africa (SADC) |
Fintech, AgriTech, HealthTech, EdTech, Clean Energy, E-commerce, Enterprise Software |
$25K - $350K (up to $500K in select cases) |
Fund I |
Jesaya Hano-Oshike |
| Mother Ventures |
10 |
Launched its $10M debut fund in May 2026 to back pre-seed and seed startups targeting mothers as consumers - FemTech, family/maternal health, and consumer; ~$4M already deployed into 13 startups; anchor LP Tony James. |
Pre-Seed, Seed |
United States (NYC) |
Consumer, FemTech, Family/Maternal Health |
$100K - $500K |
Fund I |
Allison Stern |
| Hallstone Ventures |
10 |
Closed its oversubscribed first fund in May 2026 to back seed-stage AI-infrastructure startups for media, entertainment, and advertising (creator infra, AdTech, immersive, frontier media); ~70 LPs; based in LA. |
Seed |
United States (LA) |
AI Infrastructure for Media/Entertainment/Advertising |
$100K - $500K |
Fund I |
Seth Hallen |
| Antler UK Fund II |
N/A |
Launched its UK Fund II in May 2026 - Antler's largest single-location fund to date - anchored by a £25M British Business Bank cornerstone commitment (BBB's first in Antler) alongside Lloyds and other UK LPs, to back UK founders from inception; total fund size not disclosed. |
Pre-Seed / Inception |
United Kingdom |
Technology (generalist), AI-enabled |
Up to £500K initial; follow-on via Elevate up to £25M |
Fund II (UK) |
Adam French |