Venture capital firms across the US, Europe, Asia, and Australia announced new fundraising milestones in early October 2026, with capital directed toward both established technology companies and startups at the earliest stages of development.
The announcements reflect different investment strategies. Large funds such as Disruptive and Forbion are targeting late-stage technology and biotechnology companies, while smaller European funds are preparing to back pre-seed and seed-stage founders.
For startups looking for investors, the distinction matters. A newly announced fund does not necessarily mean that capital is immediately available, and each firm’s sector, geography, and investment stage determine which companies are eligible for consideration.
Here are 10 venture capital firms that announced new fundraising milestones in October 2026.
1. Disruptive: $7.5 billion in reported commitments
Dallas-based Disruptive is raising a venture capital fund targeting up to $10 billion, with approximately $7.5 billion in commitments already secured, according to reporting by The Wall Street Journal on October 7.
Founded in 2012 by Alex Davis, the firm has invested in technology companies including Groq, Reflection AI, Databricks, and Shield AI. Its proposed fund would focus on approximately 10 late-stage companies over the next two years.
The fundraising represents a shift from Disruptive’s previous reliance on deal-specific special-purpose vehicles toward a traditional fund structure. Unlike a completed fund closing, however, the reported $7.5 billion represents commitments toward a larger fundraising target.
2. Forbion: €2.3 billion across two biotech funds
European life sciences investor Forbion announced on October 6 that it had raised €2.3 billion ($2.6 billion) across Forbion Growth Opportunities Fund IV and Forbion Ventures Fund VIII, its largest fundraising to date.
The two funds have the capacity to finance approximately 30 biotechnology companies, with initial investments already completed.
Growth Opportunities Fund IV primarily targets later-stage biopharmaceutical companies in Europe and North America developing novel therapies. Ventures Fund VIII focuses on therapeutics companies, including new ventures built around promising scientific assets and experienced teams.
Investors in the fundraising include MN, PGGM, KfW Capital, the Kauffman Foundation, and Eli Lilly. The raise brings Forbion’s assets under management to approximately €7.5 billion.
3. Square Peg Capital: More than A$1 billion across two funds
Australian venture capital firm Square Peg raised more than A$1 billion across Fund 6 and Opportunities Fund 3, according to figures reported by Forbes Australia on October 8.
Approximately 40% of the capital is allocated to Fund 6, which focuses on early-stage startups, while the remaining 60% is directed toward Opportunities Fund 3 for larger investments in existing and new portfolio companies.
Founded in 2012, Square Peg invests across Australia and New Zealand, Israel, and Southeast Asia. Its portfolio includes Canva, Airwallex, Rokt, and Deputy.
The two funds completed their final closes earlier in 2026, with the combined fundraising amount disclosed in October. Square Peg did not disclose the exact total.
4. TCGX: $600 million for Asian biotechnology companies
Palo Alto-based TCGX announced the close of its oversubscribed $600 million TCGX Asia Life Sciences Fund I on October 7.
The fund will invest in biotechnology companies based in Asia, supporting businesses at different stages of development that are developing innovative medicines.
The Asia-focused vehicle operates separately from TCGX’s flagship funds, which primarily invest in biotechnology companies in the US and Europe. The firm is expanding its regional presence with investment personnel in Shanghai and Hong Kong.
The new fund gives TCGX a dedicated investment strategy for Asian biotechnology companies rather than extending its existing US and European funds into the region.
5. Endeavor Catalyst: $320 million Fund V
New York-based Endeavor Catalyst, the investment arm of the global Endeavor entrepreneur network, announced the final close of its oversubscribed $320 million Fund V on October 7.
The fund brings Endeavor Catalyst’s assets under management to more than $850 million and will support entrepreneurs operating outside traditional venture capital hubs.
Unlike conventional venture funds, Endeavor Catalyst follows a rules-based co-investment model. It invests alongside institutional lead investors in companies founded by selected Endeavor Entrepreneurs, rather than independently leading financing rounds.
The firm’s portfolio includes ElevenLabs, Bending Spoons, and Reflection AI. Its investment activity spans markets across Europe, Latin America, Africa, Asia, and the Middle East.
The new fund continues Endeavor Catalyst’s strategy of connecting high-growth companies in less-established venture markets with institutional capital.
6. Seva Growth: $160 million Fund II
Brooklyn-based Seva Growth announced the close of its second fund, SEVA II, with $160 million in capital commitments on October 8.
The fund exceeded its original $125 million target and was raised in less than a month, according to the firm’s announcement.
Founded in 2023 by Managing Partner Shalin Mehta, Seva focuses on minority growth-equity investments in founder-led businesses. Its investment strategy targets capital-efficient companies with established revenue and opportunities for further expansion.
The firm’s approach differs from traditional early-stage venture capital. It invests in operating businesses that have already demonstrated commercial traction, rather than startups still validating their initial products.
7. Vinci Space Tech Fund: PLN 500 million for Polish space technology
Poland’s state development bank BGK announced the establishment of the Vinci Space Tech Fund on October 6, committing PLN 500 million to investments in companies developing space technologies.
The fund is described as Poland’s first dedicated investment vehicle for space technology companies. It will provide financing of PLN 10 million to PLN 100 million per company, targeting businesses preparing for rapid expansion.
Satellite technology company ICEYE is joining as a strategic partner, alongside Kraków Technology Park, Poland’s Ministry of Development and Technology, and the Polish Space Agency.
The fund is intended to strengthen Poland’s space industry and support technologies relevant to security and technological sovereignty.
Importantly, the announcement describes the fund’s establishment and BGK’s capital allocation, rather than a conventional final close by private limited partners.
8. LAUNCHub Ventures: €65 million first close
Sofia-based LAUNCHub Ventures announced the €65 million first close of Fund III on October 1, targeting a final fund size of more than €75 million.
The firm plans to make approximately 25 early-stage investments over five years, with initial checks ranging from €300,000 to €3 million.
LAUNCHub focuses on pre-seed and seed-stage technology startups from Central and Southeastern Europe and the region’s diaspora. It also plans to lead or co-lead financing rounds of up to €7 million and reserve capital for follow-on investments at Series A.
Founded in 2012, LAUNCHub has invested in nearly 100 companies, including Ampeco, FintechOS, Colossyan, and Giraffe360.
The €65 million represents a first close, meaning the fund can begin investing while continuing to raise capital toward its final target.
9. PSV Tech: €56 million Fund II
Copenhagen-based PSV Tech announced the final close of its second fund at €56 million on October 8, expanding its early-stage investment strategy across the Nordic region.
The fund backs technical founders before product-market fit, with a focus on AI, software, and digital infrastructure.
PSV Tech Fund II has already made 19 investments in Denmark, Sweden, and Norway. New limited partners include Chr. Augustinus Fabrikker and Nordea-fonden, joining existing institutional investors and technology founders.
The fund builds on PSV Tech’s strategy of investing early, often becoming one of the first institutional investors in a startup.
Its expansion beyond Denmark provides additional financing options for Nordic founders developing technically complex products before they have established commercial traction.
10. NVM Ventures: €23.6 million first close
Italian venture capital platform NVM Ventures announced its launch on October 6 alongside the €23.6 million first close of NVM Venture Lazio, a fund dedicated to startups developing dual-use technologies.
The vehicle is targeting a final size of €35 million and plans to invest in approximately 10 to 15 companies at the pre-seed and seed stages.
Its investment areas include aerospace, robotics, autonomous systems, cybersecurity, defense AI, energy infrastructure, advanced materials, and biotechnology.
Lazio Innova is the principal investor in the first close, committing €18.83 million through Lazio Venture 2.
The initiative was founded by Andrea Bonabello and Niccolò Bienati, with Giorgio Gulienetti and Alessandro Casiraghi serving as key investment managers for the Lazio fund.
The fund’s regional mandate makes it particularly relevant to Italian startups developing technologies with both civilian and defense applications.
