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On Thursday afternoon, San Francisco-based filed with the SEC disclosing its intent to raise $640 million for its third flagship venture capital fund. 1

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If it is fully raised, this fund will match the size of the , which was closed in April 2018. The firm’s was closed in March 2016, raising $300 million to invest mostly in early-stage deals.

The filing states that no capital has yet been closed for the new investment vehicle. Venture capital firms often file a Form D immediately prior to closing capital for new funds, even though most have secured “soft commits” from limited partners prior to making the first official close.

The firm is led by , a multi-time entrepreneur turned venture capital investor. Outside of his work with 8VC, Lonsdale is perhaps best known as a co-founder of controversial data analytics company . In addition to Palantir, he cofounded wealth management platform and government services automator .

Lonsdale is the sole general partner listed on the filing.

8VC has retained the services of New York-based independent broker-dealers Artist Capital and ABG to assist with raising the fund.

As stated earlier, 8VC is an investor in ¸½½üÉÏÃÅ. The firm was a participating investor in , which was closed in November 2015.

More recently, however, the firm has made bets across a number of sectors. Its most recent publicly disclosed deal is a participating investor in insurance technology startup . Other deals from 2020 include leading raised by health care software company and participating in of Seattle-based , which helps immigrants apply for work visas at startup companies.

The firm has seen a number of exits out of its portfolio. These include freelancer-focused mobile banking app-maker , oncology tech company and AI-powered drug discovery company , among .

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