Sunday, 3 August, 2025
CRV Closes $750M Early‑Stage Fund After Returning Capital, Signals Strategic Shift
CRV, the 55-year-old Silicon Valley venture firm, has closed its twentieth flagship fund at $750 million—significantly smaller than its $1 billion 2022 fund—after returning $275 million from its late-stage Select vehicle to investors. The firm will now focus exclusively on seed and Series A investments, particularly in consumer and developer tools startups. Investor demand was strong—the fund was fully raised in just four weeks and was oversubscribed.
Read full story at Techcrunch