[Venture Capital Fund Team8 Completes $365 Million Fundraising, Focuses on AI Infrastructure and Security]
Venture capital fund Team8 has completed fundraising for a new $365 million fund, bringing its total assets under management to nearly $2 billion. This round of fundraising includes $265 million for Team8 Capital's third fund and over $100 million in follow-on investment capital. The new fund primarily invests in seed and Series A stage companies, covering cybersecurity, AI infrastructure, and fintech sectors, with a focus on projects related to AI deployment, security, governance, and control capabilities. Team8 has previously invested in institutional-grade cryptocurrency wallet developer Curv, AI compliance platform IVIX, and AI data leakage prevention company Jazz.
