Battery Ventures has raised $3.25bn in contemporary capital to put money into expertise corporations worldwide, because it doubles down on synthetic intelligence and enterprise software program alternatives.
The brand new automobile, Battery Ventures XV, was oversubscribed and closed in a single spherical, marking one of many largest latest fundraisings within the tech-focused personal fairness and enterprise capital market.
The Boston- and San Francisco-headquartered agency stated the fund will again companies throughout the US, Europe and Israel, investing from seed and early-stage rounds via to progress fairness and buyouts.
The increase follows a 12 months of robust exits, with Battery asserting 15 exit occasions in 2025. Over the previous 5 years, its funds have generated greater than $10bn in liquidity, reflecting what the agency describes as its stage-diversified technique.
Michael Brown, common associate at Battery, stated the present expertise cycle is being reshaped by AI. “AI is ushering in one of the crucial consequential eras within the historical past of expertise,” he stated. “We consider our world attain and long-standing give attention to software program and enterprise tech place us effectively to capitalise on this chance.”
Battery plans to take a position the brand new capital throughout utility software program, infrastructure software program, together with knowledge, AI, developer instruments and cybersecurity, in addition to industrial expertise and life-science instruments.
The agency operates from places of work in Boston, San Francisco, Menlo Park, New York, London and Tel Aviv, with a collaborative research-led funding mannequin spanning enterprise and buyout markets.
Jesse Feldman, a common associate main Battery’s industrial tech and life-science instruments observe, stated the agency sees continued potential throughout each US and European markets. “We’re extremely selective buyers targeted on driving significant worth in distinctive companies,” he stated, including that capital could be deployed to help analysis and growth, gross sales enlargement and focused acquisitions.
Battery has invested in additional than 530 corporations globally since inception, leading to 73 IPOs and over 225 mergers and acquisitions. The agency has been energetic in Europe since 2005, finishing greater than 150 transactions throughout the UK and 12 different European nations.
Late final 12 months, Battery moved into a brand new London workplace to anchor its European operations, signalling a long-term dedication to the area’s expertise ecosystem.
The agency has additionally strengthened its management crew, selling Marcus Ryu, co-founder and former chief government of Guidewire Software program, to common associate, alongside inner promotions and the addition of Barak Schoster as associate in Tel Aviv.
With AI funding accelerating globally and competitors intensifying amongst enterprise corporations, Battery’s newest fund positions it to compete aggressively throughout each early-stage innovation and larger-scale expertise buyouts in what it describes as a defining second for the sector.
