38 VC Vehicles Filed Aug 25: Kleiner Perkins' Two Funds Claim 30% of the Day's $562M in Venture Capital

AngelLinx Intelligence tracked 38 venture capital vehicles filed on August 25, totalling $562.1 million, representing 3.1% of the day's total capital and 25.5% of all vehicles filed. The vehicle count of 38 is the highest single-day VC count tracked so far this month, even though the aggregate dollar figure remains modest relative to the hedge fund and other-investment-fund categories, reflecting how much of the day's VC activity sat in smaller, deal-by-deal and SPV-style structures rather than large fund closes.

Kleiner Perkins: Two Vehicles, 30% of the Day's VC Capital

Kleiner Perkins filed two vehicles on August 25 under Ilya Fushman as key person: Kleiner Perkins Select Fund IV Friends, LLC at $111.8 million and Kleiner Perkins XXII Friends, LLC at $57.6 million, for a combined $169.4 million, or 30.1% of all VC capital filed on the day. Ilya Fushman is a general partner and managing member at Kleiner Perkins, having joined from Index Ventures, and Kleiner Perkins Select IV is reported as a $2.5 billion growth-stage fund focused on scaling AI companies, with prior investments including Harvey, Rippling, Motive, Stord, Profound, NewLimit, and Infinitus. The "Friends" designation on both vehicles typically indicates a parallel fund structure that allows firm employees, advisors, and select external relationships to co-invest alongside the main fund vehicle on the same terms.

Thrive Capital's Growth Vehicle

Thrive Capital Partners IX Growth-G, LLC filed at $100 million on August 25 with Joshua Kushner as key person, the third-largest VC vehicle of the day. Thrive Capital, founded by Joshua Kushner, has grown its fund sizes dramatically in recent years: Thrive IX closed at $5 billion in 2024, and the firm's newest fund, Thrive X, closed in February 2026 at over $10 billion, nearly double the size of Thrive IX and the largest fund in the firm's history. The $100 million Growth-G vehicle filed on August 25 likely represents a parallel or continuation structure tied to the broader Thrive IX fund family rather than a new standalone raise, consistent with how large multi-stage venture firms structure follow-on capital for existing portfolio companies.

The Rest of the VC Layer

Beyond the top three vehicles, Autilus Mekone III LP filed at $102.8 million under Michael C. Perkinson, and Lavrock - Castelion C, LLC filed at $72.0 million under Stephen Smoot, a vehicle name suggesting a special purpose structure tied to Castelion, the hypersonic and defense technology company. The remaining 33 vehicles ranged from Prudence Fund IV at $33.7 million down to sub-million-dollar SPV structures, illustrating the long tail of smaller deal-by-deal vehicles that make up the majority of VC filing activity by count even when they represent a small fraction of aggregate VC dollars. Browse active investors on AngelLinx to see which of these 38 vehicles are relevant to founders at your stage and sector.

What to Watch

The concentration of 30.1% of VC capital in just two Kleiner Perkins vehicles on August 25 mirrors a pattern AngelLinx Intelligence has tracked repeatedly through August: a small number of large growth-stage vehicles from established firms account for a disproportionate share of daily VC dollars, while dozens of smaller vehicles account for most of the day's VC vehicle count. Founders raising at seed through Series B should calibrate their expectations accordingly, since the large multi-billion-dollar funds filing on any given day are often deploying primarily into later-stage, established portfolio companies rather than new early-stage bets. Use the investor match tool to find VC managers whose check size and stage focus actually match your raise, and see what other companies are raising right now on the AngelLinx live listing.

See prior VC filing coverage for how single-day VC concentration has trended across the August window. Build your pitch profile and make yourself visible to the investors actively deploying at your stage @ angellinx.ai/register.

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