Dimension Capital’s $800M third fund shows the intersection of science and compute is booming
The four-year-old firm's latest fund is 60% larger than its second vehicle announced 18 months ago.
AI Summary
Dimension Capital announced an $800 million third fund, 60% larger than its previous $500 million fund raised just 18 months ago, as the firm's bet on the convergence of science and computing continues to pay off. The four-year-old firm has backed notable startups like Chai Discovery, which raised $400 million at a $3.8 billion valuation, and anti-aging company New Limit, which reached a $3.1 billion valuation. Its other investments include Modal Labs and Anthropic, the latter of which acquired Dimension's portfolio company Coefficient Bio for $400 million.