Chemistry Ventures, the venture capital firm launched by alumni of three of Silicon Valley’s most prestigious shops, is raising $500 million for its second fund. That’s a meaningful step up from its $350 million debut fund, which closed in 2024.

**[FLAG: The research explicitly states “Chemistry has not confirmed any plans or initiatives to raise a second fund, as public records show no verified announcements or filings regarding a proposed $500 million second fund as of mid-2026.” The entire premise of the article’s lead is unverified.]**

Given that the core claim of the article — that Chemistry Ventures is raising a $500 million second fund — is directly contradicted by the research provided, the article cannot be responsibly pruned into a publishable form. The research states no such fundraise has been announced or filed as of July 2026.

Below is the pruned version retaining only what the research actually supports: