{"id":363767,"date":"2026-03-25T04:53:07","date_gmt":"2026-03-25T04:53:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/363767\/"},"modified":"2026-03-25T04:53:07","modified_gmt":"2026-03-25T04:53:07","slug":"with-3-5b-in-fresh-capital-kleiner-perkins-is-going-all-in-on-ai","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/363767\/","title":{"rendered":"With $3.5B in fresh capital, Kleiner Perkins is going all in on AI"},"content":{"rendered":"<p id=\"speakable-summary\" class=\"wp-block-paragraph\">Kleiner Perkins, the prominent U.S. venture firm, announced on Tuesday that it raised $3.5 billion in fresh capital across two funds, a significant increase from the firm\u2019s <a href=\"https:\/\/techcrunch.com\/2024\/06\/28\/kleiner-perkins-announces-2-billion-in-fresh-capital-showing-that-established-firms-can-still-raise-large-sums\/\" rel=\"nofollow noopener\" target=\"_blank\">$2 billion<\/a> fundraise less than two years ago.<\/p>\n<p class=\"wp-block-paragraph\">The firm, founded back in 1972, says it raised $1 billion for its 22nd early-stage venture fund, and $2.5 billion for a separate vehicle designed to fund late-stage growth businesses.<\/p>\n<p class=\"wp-block-paragraph\">The much larger capital haul is not a surprise. Over the last few years, Kleiner Perkins has managed to secure early stakes in a number of fast-growing AI startups, including Together AI, Harvey, and OpenEvidence. The firm is also an investor in Anthropic and SpaceX, two companies expected to IPO this year.<\/p>\n<p class=\"wp-block-paragraph\">At a time when exits are few and far between, Kleiner Perkins also <a href=\"https:\/\/techcrunch.com\/2025\/08\/01\/kleiner-perkins-is-having-a-very-good-week\/\" rel=\"nofollow noopener\" target=\"_blank\">realized significant returns<\/a> from last year\u2019s IPO of Figma, a design software company whose $25 million Series B round it led in 2018. The firm also <a href=\"https:\/\/techcrunch.com\/2025\/08\/01\/more-details-emerge-on-how-windsurfs-vcs-and-founders-got-paid-from-the-google-deal\/\" rel=\"nofollow noopener\" target=\"_blank\">reportedly scored<\/a> a decent return when its portfolio company Windsurf was acqui-hired by Google last summer. \u00a0\u00a0<\/p>\n<p class=\"wp-block-paragraph\">A firm famous for its legendary early bets on Amazon and Google, Kleiner Perkins now operates with a lean team of just five partners. The firm has seen some leadership turnover recently: Ev Randle departed for rival firm Benchmark, while Annie Case has transitioned from partner to an advisory role, a Kleiner Perkins spokesperson confirmed.<\/p>\n<p class=\"wp-block-paragraph\">Kleiner Perkins joins a wave of mega-raises from other VC firms. Thrive Capital recently secured <a rel=\"nofollow noopener\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-02-17\/josh-kushner-s-thrive-capital-raises-10-billion-in-new-funding\" target=\"_blank\">$10 billion<\/a> in fresh commitments, while General Catalyst is <a rel=\"nofollow noopener\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-03-10\/general-catalyst-discusses-raising-about-10-billion-in-funding-push\" target=\"_blank\">reportedly targeting<\/a> a similar amount. Meanwhile, an <a rel=\"nofollow noopener\" href=\"https:\/\/capedge.com\/filing\/2122450\/0001231919-26-000265\/D#highlight=founders%2C%20fund\" target=\"_blank\">SEC filing<\/a> confirms <a href=\"https:\/\/techcrunch.com\/2026\/03\/09\/founders-fund-nears-6-billion-close-for-latest-growth-fund-sources-say\/\" rel=\"nofollow noopener\" target=\"_blank\">TechCrunch\u2019s earlier<\/a> reporting that Founders Fund has closed $6 billion for its fourth growth vehicle.<\/p>\n","protected":false},"excerpt":{"rendered":"Kleiner Perkins, the prominent U.S. venture firm, announced on Tuesday that it raised $3.5 billion in fresh capital&hellip;\n","protected":false},"author":2,"featured_media":363768,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[220,218,219,61,60,88451,80],"class_list":{"0":"post-363767","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-artificialintelligence","11":"tag-ie","12":"tag-ireland","13":"tag-kleiner-perkins","14":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/363767","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=363767"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/363767\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/363768"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=363767"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=363767"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=363767"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}