Key facts
- Chemistry Ventures is seeking $500 million for its second fund.
- The firm focuses on early-stage startups in developer tools, fintech, and infrastructure.
- Chemistry Ventures' debut fund, closed in 2024, was $350 million.
- The firm was founded by Mark Goldberg, Ethan Kurzweil, and Kristina Shen.
Chemistry Ventures, a venture capital firm established two years ago by former executives from Bessemer, Index Ventures, and Andreessen Horowitz, is reportedly in the process of raising $500 million for its second fund. The firm, co-founded by Mark Goldberg, Ethan Kurzweil, and Kristina Shen, focuses its investments on early-stage startups specializing in developer tools, fintech, and infrastructure. Its portfolio includes companies such as Granola, Decagon, Persona, Serval, and Nova Intelligence. The firm's debut fund, launched in 2024, secured $350 million. According to The Wall Street Journal, the current fundraising effort for the second fund is already oversubscribed and is expected to conclude shortly. Chemistry Ventures has not yet provided an immediate comment on these developments.