Battery Ventures

Battery Ventures has raised $3.25bn through its new Battery Ventures XV fund, marking one of the largest recent fundraisings in the tech-focused private equity and venture capital market. The oversubscribed vehicle closed in a single round and will deploy capital across seed-stage through growth equity and buyouts across the US, Europe, and Israel.

Summary of transaction details:

• Value: $3.25bn (approximately £2.6bn)
• Sector: DeepTech & AI, Software & SaaS, Industrial Technology, Life-Science Tools
• Advisor: Not disclosed
• Key Entities: Battery Ventures (lead GP), Battery Ventures XV (fund vehicle)
• Location: Global — US, Europe, Israel

Note: This fundraise reflects strong LP demand for tech and AI exposure as the sector enters a defining investment cycle, with Battery Ventures leveraging its 530+ portfolio history, 73 IPOs, and over 225 M&A outcomes to attract capital.