Chemistry Ventures is raising $500M for its second fund

In Brief Posted: 8:02 AM PDT · July 7, 2026 Image Credits:Chemistry Dominic-Madori Davis Chemistry Ventures is raising $500M for its second fund Chemistry Ventures, the VC firm launched two years ago by Bessemer, Index Ventures, and Andreessen Horowitz alums, is raising $500 million for its second fund, according to an SEC filing. Founded by Mark Goldberg, Ethan Kurzweil, and Kristina Shen, Chemistry launched with a $350 million fund, and invests in early-stage startups building developer tools, fintech, and infrastructure. Its portfolio companies include Granola, Decagon, Persona, Serval, and Nova Intelligence. Goldberg previously worked at Index Ventures, Kurzweil with Bessemer, and Shen with a16z. The trio launched the firm to combine their experience working at large venture capital firms.

The Wall Street Journal reports that the second fund is already oversubscribed and the fundraise is expected to close soon. Chemistry did not immediately return a request for comment. Topics a16z, bessemer, chemistry, In Brief, index, VC, Venture November 4 Boston Last chance to save up to $190 on TechCrunch Founder Summit. Join 1,000+ founders and VCs at all stages for real-world scaling insights and connections that move the needle.Savings end June 26, 11:59 p.m. PT. REGISTER NOW Newsletters See More Subscribe for the industry’s biggest tech news TechCrunch Daily News Every weekday and Sunday, you can get the best of TechCrunch’s coverage. TechCrunch Mobility TechCrunch Mobility is your destination for transportation news and insight.

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