Battery Ventures raises $3.25bn fund to invest in global tech and AI

"Battery Ventures has raised $3.25bn in fresh capital to invest in technology companies worldwide, as it doubles down on artificial intelligence and enterprise software opportunities. The new vehicle, Battery Ventures XV, was oversubscribed and closed in a single round, marking one of the largest recent fundraisings in the tech-focused private equity and venture capital market. The Boston- and San Francisco-headquartered firm said the fund will back businesses across the US, Europe and Israel, investing from seed and early-stage rounds through to growth equity and buyouts."

"Over the past five years, its funds have generated more than $10bn in liquidity, reflecting what the firm describes as its stage-diversified strategy. Michael Brown, general partner at Battery, said the current technology cycle is being reshaped by AI. "AI is ushering in one of the most consequential eras in the history of technology," he said. "We believe our global reach and long-standing focus on software and enterprise tech position us well to capitalise on this opportunity.""

Battery Ventures raised $3.25bn in fresh capital through Battery Ventures XV, an oversubscribed single-close fund, to invest in technology companies worldwide. The fund will back businesses across the US, Europe and Israel, deploying capital from seed and early-stage rounds through growth equity and buyouts. Investment focus includes application and infrastructure software—data, AI, developer tools and cybersecurity—alongside industrial technology and life-science tools. The firm operates from offices in Boston, San Francisco, Menlo Park, New York, London and Tel Aviv and uses a collaborative research-led model spanning venture and buyout markets. Recent performance includes 15 exit events in 2025 and more than $10bn in liquidity over five years. Capital will support R&D, sales expansion and targeted acquisitions.

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