Lightspeed Venture Partners raises a record $9 billion in fresh capital, solidifying its position as a leading VC firm in the AI-focused investment landscape.

Lightspeed Venture Partners has raised a record $9 billion in fresh capital, the largest fundraise in its 25-year history. The firm has a proven track record of backing successful startups, including Rubrik, Netskope, and Navan, and has positioned itself as a predominantly AI-focused investor. The new capital will allow Lightspeed to continue making large investments in AI companies, including a $1 billion investment in Anthropic. Other large VC firms have also recently raised significant capital pools, while smaller firms are struggling to attract fresh funds.