economy
March 25, 2026
With $3.5B in fresh capital, Kleiner Perkins is going all in on AI
The fundraise includes $1 billion for investing in early-stage startups, and $2.5 billion for late-stage growth businesses.

TL;DR
- Kleiner Perkins raised $3.5 billion across two new funds.
- One fund of $1 billion is for early-stage venture investments.
- A second fund of $2.5 billion is for late-stage growth businesses.
- The firm has invested in AI startups like Together AI, Harvey, and OpenEvidence.
- Kleiner Perkins also invested in Anthropic and SpaceX.
- The firm realized significant returns from the IPO of Figma and the acquisition of Windsurf by Google.
- Kleiner Perkins joins other VC firms like Thrive Capital, General Catalyst, and Founders Fund in making large capital raises.
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