GoKawiilSEC filings reveal new funds from Trust Ventures, Benchmark, 8VC and ex-Benchmark duo's $1.25B Diffusion ONE
October SEC filings show several venture firms raising or expanding funds: Trust Ventures filed for a $400 million Fund V, Interlagos Capital is raising a $400 million Fund II, and former Benchmark partners Victor Lazarte and Kris Fredrickson closed $1.252 billion for their debut AI fund, Diffusion ONE, well above its original $800 million target. Benchmark itself filed four new partner-only funds totaling roughly $364 million, while Joe Lonsdale's 8VC is raising several new vehicles including a $400 million fund called 8VC DSS III.
GoKawiil's interpretation of the reporting above, not reported fact.
The scale of these filings suggests LPs continue to funnel large sums toward established venture names, particularly those with specialized or AI-focused strategies, even amid broader fundraising caution in the market. Diffusion ONE's fund size far exceeding its initial target could indicate strong investor appetite for AI-focused vehicles led by experienced operators. The structure of Benchmark's multiple partner-only funds and 8VC's array of smaller vehicles may reflect firms tailoring offerings to different investor segments or strategies, though the filings themselves don't explain the reasoning.
- Trust Ventures and Interlagos Capital are each seeking $400 million for new funds focused on regulated industries and deep tech.
- Former Benchmark VCs Lazarte and Fredrickson raised $1.252 billion for AI fund Diffusion ONE, exceeding its $800 million target and already backing Harvey and Etched.
- Benchmark filed four new partner-only funds including Jack Altman, while 8VC is raising multiple new vehicles including an AI-focused fund.
Source: techcrunch.com — Dominic-Madori Davis, 2026-10-27
Published there as: “From 8VC to Benchmark, here’s what’s hiding in October SEC filings”
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