Which VC Firms Just Opened a New Raise, and How Founders Can Use the Window

When a venture firm starts raising a new fund, it is still in the market for investors, and it is also quietly preparing to put money to work. Founders who spot that moment early can reach the right partner while a firm is eager to show activity.

Over the last 30 days, more than 120 venture capital funds opened new vehicles without reporting any money raised yet, which usually means a raise has just started. A zero does not guarantee an active raise, since some funds report amounts later, but the pattern is a useful early signal. Six names stand out for founders.

Notable Capital

Notable Capital, the U.S. team that came out of the 2023 split of GGV Capital, opened Notable Capital X on October 2 under managing partner Glenn Solomon. The firm backs cloud infrastructure, cybersecurity, fintech, commerce and AI companies across the U.S., Israel and Europe, and focuses on Series A and Series B rounds, with checks reported between $10 million and $50 million. It suits companies that already show product-market fit.

FirstMark Capital

FirstMark, the New York firm founded in 2005 by Rick Heitzmann and Amish Jani, opened FirstMark Capital VII and FirstMark Capital Growth V on September 29. It reports about $3.5 billion in committed capital, and its earlier funds covered seed and Series A investing as well as follow-on and growth rounds. Having an early-stage fund and a growth fund open at the same time means it is gathering capital for both the first check and the follow-on.

Institutional Venture Partners

IVP opened its nineteenth fund on September 29. The firm invests in later-stage technology companies, and general partner Somesh Dash focuses on internet, software, mobile and technology-enabled services. For founders at Series C or beyond, IVP is one of the established growth names to track, since its funds have historically measured in the billions.

8VC

8VC AI Fund X opened on September 25 under Joe Lonsdale. The firm closed its seventh flagship fund at $1.5 billion, and its thesis centers on what Lonsdale calls the American AI industrial revolution: AI, defense, advanced manufacturing, healthcare and enterprise software. It reserves a share of capital for a venture studio that builds companies from scratch, so founders can also find a path in through its Build Program.

Anti Fund

Anti Fund II opened on October 1 under Geoffrey Woo. Co-founded with Jake Paul in 2021, the Miami firm closed a $100 million growth fund earlier this year and manages more than $180 million. It invests from pre-seed to Series A in consumer, creator economy and e-commerce enablement companies, a good fit for consumer founders who want a firm with large audience reach.

Narya Capital

Narya Capital Fund III opened on September 29. Cincinnati-based Narya was founded in 2019 by JD Vance and Colin Greenspon, and Greenspon now runs the firm. It backs startups in underserved U.S. regions, with a focus on defense, manufacturing and healthcare access, which makes it a strong match for founders building outside the coastal hubs.

What This Means for Founders

A firm that is raising a fund wants proof that it is investing, so partners tend to be more responsive to strong deals during this window. Use that to your advantage: research the firm's earlier portfolio, find a warm introduction through a founder it has backed, and open with a clear reason your company fits its stated thesis. If you are raising a seed round or a Series A, ask each prospective lead investor how much capital remains in their current fund and when the next one will be available, because that affects how much follow-on support they can offer.

Browse the AI and machine learning investor directory for more active funds, read the baseline mechanics of a limited partner if the term is new, or explore active capital on AngelLinx @ angellinx.ai/register.

AngelLinx Intelligence | angellinx.ai