Kevin Hartz’s A* just closed its third fund with $450 million
$450M. That's what Kevin Hartz's A* Capital just raised for Fund III—and early-stage AI founders should care why.
Why it matters
A major venture firm closing a substantial third fund signals continued capital availability for early-stage AI startups, but the article lacks specifics on fund strategy, AI focus thesis, or portfolio performance that would indicate this fund's particular relevance to the AI economy.
The key facts
10 to knowA* Capital Fund III: $450M raised
Early-stage venture focus
Fund III closing (implies two prior funds)
Kevin Hartz as founder/GP
Published May 12, 2026
A* Capital closes Fund III at $450 million
Kevin Hartz leading the fund
Early-stage focus (Series A/B typical for VC firms of this profile)
Third fund indicates track record and LP confidence
Published May 2026
Go to the source
TechCrunch Venturetechcrunch.com
Publisher excerpt: Early-stage venture firm A* Capital just took the wraps off its $450 million Fund III.