Venture Capital Fund Team8 Completes $365 Million Fundraising, Bets on AI Infrastructure and Security Sector

TechFlow News, August 14, venture capital fund Team8 announced the completion of a $365 million new fund raise to invest in next-generation AI-native enterprises, bringing its assets under management close to $2 billion. This fundraising round includes a $265 million Team8 Capital Fund III, as well as over $100 million in follow-on investment capital, mainly used to increase investment in its high-conviction existing portfolio companies. The new fund will focus on investing in Seed and Series A stage companies, covering fields such as cybersecurity, AI infrastructure, and fintech, with a focus on infrastructure projects that help enterprises deploy AI while ensuring security, governance, and control capabilities.

Team8 has previously invested in multiple crypto and AI companies, including crypto institutional wallet developer Curv, AI compliance platform IVIX, and AI data loss prevention company Jazz, among others.