Lightspeed Venture Partners (Lightspeed) has closed Lightspeed Venture Partners XIV-A/B (Fund XIV) with $1.98 billion, Lightspeed Venture Partners Select V (Select Fund V) with $2.26 billion, and Lightspeed Opportunity Fund II (Opportunity Fund II) with $2.36 billion of committed capital.
Separately, Lightspeed India Partners has also closed a $500 million early stage fund (LSIP Fund IV).
This latest funding, approximately 60% more than Lightspeed’s last flagship fundraise, focuses on expanding the firm’s early stage vehicles and supporting its large and growing global platform.
Fund XIV is designed to support founders in their earliest stages of company development in the firm’s long-standing Enterprise, Consumer, Health and Fintech practices, while Select Fund V accelerates existing Lightspeed portfolio companies and new investments across the firm’s global platform led by the Lightspeed Growth Team, and Opportunity Fund II provides platform to back breakout companies from across all of the global territories where Lightspeed operates.
