Startups · 2h ago
Chemistry Ventures targets $500M for second fund
Chemistry Ventures, founded by former partners from Bessemer, Index, and a16z, is raising $500 million for its second fund. The firm focuses on early-stage enterprise and AI startups. This would bring its total assets under management to over $1 billion.
Meridian48 take
The raise signals strong LP confidence in the team's pedigree, but the crowded early-stage market means Chemistry must differentiate beyond its founders' backgrounds.
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