US-based venture capital firm Lightspeed Venture Partners is raising two new funds, whose predecessors raised a combined $2.1 billion in 2019, according to its filing with the Securities and Exchange Commission.
The SEC filing showed that the Silicon Valley-based firm is raising Lightspeed Venture Partners XIII LP and Lightspeed Venture Partners Select IV LP. The target corpus for the new VC vehicles has not been specified in the document.