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Sugar Free Capital raises $32M inaugural fund to invest in MIT early-stage founders.
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Read the StrictlyVC newsletter Mondays through Fridays for venture capital news and analysis.
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The growth fund is nearly twice the size of its previous one.

Altman's first fund, raised in early 2024, was $150 million. So this is a big step up, too.

The six-year-old firm's third fund is nearly the size of it previous fund raised during the fintech boom in early 2022.

Lately, Felicis, like most VCs, has been all over AI. Its portfolio now includes, for example, Browser Use, Poolside, Runway, and…

U.S.-based AI startups continue to rake in venture funding with multiple companies already raising impressive rounds in 2025.

Eight U.S. and Indian VC and PE giants are teaming up to fuel India's deep tech boom.