Key facts
- Trust Ventures is raising $400 million for Fund V.
- Diffusion ONE, an AI fund by former Benchmark VCs, raised $1.252 billion.
- Benchmark filed for four partner-only funds totaling $360 million.
- 8VC is seeking to raise multiple new vehicles, including an $400 million fund.
- Industry Ventures raised at least $1.7 billion for its secondaries fund.
Venture capital firms have disclosed significant fundraising activities in October SEC filings, indicating continued LP appetite for established names and specialized strategies. Trust Ventures is seeking $400 million for its fifth fund, while Interlagos Capital is also raising $400 million for its second fund. Former Benchmark VCs Victor Lazarte and Kris Fredrickson successfully raised $1.252 billion for their debut AI fund, Diffusion ONE, surpassing its initial target. Benchmark itself filed for four partner-only funds totaling $360 million, with Jack Altman listed in each filing. Joe Lonsdale's 8VC is also pursuing new vehicles, including an $400 million fund. Notable Capital and Greenoaks have also filed for new funds, with Greenoaks 7 aiming to raise capital. Meanwhile, Industry Ventures has secured at least $1.7 billion for its secondaries fund, highlighting the growing importance of that market.