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[ Tue, May 13th ]: Fortune
Exclusive: Two decades in, DFJ Growth raises $1.2 .. its fifth fund and doubles down on the long game
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Exclusive: Two decades in, DFJ Growth raises $1.2 billion for its fifth fund and doubles down on the long game

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DFJ Growth—backers of Coinbase, Twitter, and Ring—raised $1.2 billion for its fifth fund, Fortune can exclusively report.
DFJ Growth, a venture capital firm, has successfully raised $1.2 billion for its fifth fund, marking a significant milestone after two decades in the industry. The firm, known for its long-term investment strategy, plans to continue its focus on backing companies with strong growth potential over extended periods. This new fund, which is the largest to date for DFJ Growth, underscores the firm's commitment to doubling down on its long-game approach, even as the venture capital landscape evolves. The fund will target investments in sectors such as technology, healthcare, and consumer products, aiming to support innovative companies that can achieve sustainable growth and market leadership.

Read the Full Fortune Article at:
[ https://fortune.com/2025/05/13/exclusive-two-decades-in-dfj-growth-raises-1-2-billion-for-its-fifth-fund-and-doubles-down-on-the-long-game/ ]