Key facts
- Chemistry Ventures is reportedly raising $500 million for its second fund.
- The firm was founded by alumni of prominent venture capital firms.
- Chemistry Ventures focuses on early-stage startups.
- Investment sectors include developer tools, fintech, and infrastructure.
- The firm launched its debut fund of $350 million in 2024.
Chemistry Ventures, a venture capital firm founded by alumni from prominent firms, is reportedly in the process of raising $500 million for its second fund. The firm's investment focus is on early-stage startups, specifically within the developer tools, fintech, and infrastructure sectors. This follows the successful launch of its debut fund, which secured $350 million in 2024. The firm's strategy involves identifying and supporting nascent companies in key technology areas. The new fund is expected to continue this established investment approach, seeking to capitalize on emerging opportunities within its target markets. The specific details of the fundraising process, such as the target closing date or lead investors, were not disclosed in the report.