Capital Unlocked: 15 Funds, $2.29B Closed 12–26 Aug 2026

◆ Funds this week

15

◆ Fresh capital

$2.3B

◆ Undisclosed terms

4 funds

◆ Previous week

34 funds · $9.2B

◆ Published

26 August 2026

◆ The Week

Fifteen funds closed a combined $2,293M in fresh capital between 12 and 26 August 2026 — down from 34 funds the previous edition, a drop of 19. Four of the fifteen closed on undisclosed sizes. The headline figure is anchored by two very large vehicles that skew the aggregate upward, so the distribution beneath them warrants closer reading.

◆ Stages

Seed coverage is the broadest in the window, with 15 fund mandates including it — matching the total fund count, meaning every fund that closed carries at least some seed exposure. Series A follows with 11 mandates, pre-seed with 9, and Series B with 8. Growth and Series C are present in only 2 mandates each, confirming this window is overwhelmingly weighted toward early-stage deployment.

◆ Sectors

Fintech leads sector focus with 3 funds carrying the mandate, followed by a cluster of sectors each represented by 2 funds: AI Frontier Models, Biotech, Cybersecurity, Digital Health, and Gaming. The fintech concentration reflects continued LP conviction in financial infrastructure, particularly across emerging markets where Ventures Platform and Chiratae both have mandates. The twin AI Frontier Models and Cybersecurity counts signal that managers are increasingly treating AI-native security as a distinct asset class rather than a subset of enterprise software — a separation visible in Team8 and Cognition raising simultaneously.

◆ Geography

North America led by fund count with 7 vehicles and $800M, but Oceania produced the window's capital surprise: 2 funds accounting for $1,050M, driven by Blackbird's $1.1B Fund VI — the single largest close in the period. South Asia (2 funds, $35M) and Africa (1 fund, $83M) round out a genuinely global spread, with Israel (1 fund, $70M) and two global-mandate vehicles ($255M combined) adding further breadth.

◆ The Database

The full database of every fund that closed in this window — with stage ranges, sector mandates, and GP contact details — is available to Fusion42 Raise subscribers at the Capital Unlocked fund tracker.

◆ Funds in this edition

• Accel India Fund IX
• Accel
• Blackbird Fund VI
• Accel European and Israeli early-stage fund
• Fund V
• Venture Capital Fund II
• Makers Fund IV
• Mirae Asset Venture Opportunity Fund II
• Cognition
• GD1 Core Fund II
• UNC Health Ventures
• Ventures Platform Fund II