MoneyMarch 25, 2026via TechCrunch Venture

With $3.5B in fresh capital, Kleiner Perkins is going all in on AI

Why it matters

One of Silicon Valley's most prestigious VCs is making its biggest bet ever on AI, signaling massive capital deployment across both early and late-stage companies in the space.

Key signals

  • $3.5 billion total fundraise
  • $1 billion allocated for early-stage startups
  • $2.5 billion designated for late-stage growth businesses

The hook

$3.5B. That's what Kleiner Perkins just raised to go all-in on AI startups.

The fundraise includes $1 billion for investing in early-stage startups and $2.5 billion for late-stage growth businesses.

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