Lightspeed raises record $9B in fresh capital

The firm has also positioned itself as a predominantly AI-focused investor. Lightspeed claims to have backed 165 AI-native companies, including Anthropic, xAI, Databricks, Mistral, Glean, Abridge, and Skild AI.

Lightspeed’s new capital is spread across six funds, including a $3.3 billion opportunity fund dedicated to follow-on investments in its fastest-growing portfolio companies.