Dimension closes its third fund at $800 million, backing AI, biotech and hardware from one platform as frontier-tech lines continue to blur.

The young venture firm, which has bet heavily on tech and biotech’s convergence, has now invested in 35 companies and recently saw one of them acquired by AI giant Anthropic.

The four-year-old firm's latest fund is 60% larger than its second vehicle announced 18 months ago.