Observed Signal · Jul 7, 2026 · Funding · Source: techcrunch · Impact: 2/5 · Sentiment: Neutral
Chemistry Ventures Raises $500M for Second Fund
Chemistry Ventures, a VC firm founded by Mark Goldberg, Ethan Kurzweil and Kristina Shen, is raising $500 million for its second fund, according to an SEC filing. Launched two years ago by alumni of Bessemer, Index Ventures and Andreessen Horowitz, the firm debuted with a $350 million fund and focuses on early-stage AI startups including infrastructure and apps. Its portfolio includes Granola, Decagon, Persona, Serval and Nova Intelligence. The Wall Street Journal reports the new fund is already oversubscribed and expected to close soon.
A $500M VC fundraise signals increased venture capital available for early-stage AI startups, which may indirectly affect talent, tools, and startups relevant to AdTech/MarTech, but it is not a major industry policy or platform change.
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Key Takeaways & Evidence Grounding
- Chemistry Ventures is raising $500 million for its second fund according to an SEC filing.
- Chemistry Ventures was founded by Mark Goldberg, Ethan Kurzweil and Kristina Shen.
- The firm launched with a $350 million first fund and invests in early-stage AI startups (infrastructure and apps).
- Portfolio companies named include Granola, Decagon, Persona, Serval and Nova Intelligence.
- The Wall Street Journal reported the second fund is oversubscribed and expected to close soon.
Connected Companies & Entities
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Related Market Signals & Shifts
Recent verified developments and strategic activity across this market segment.
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