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Mayfield Raises $955 Million Across Two New Funds Dedicated to Early Stage Investing

MENLO PARK, Calif.–(BUSINESS WIRE)–May 8, 2023–

Mayfield, a top-tier early stage investor, today announced that it has raised a total of $955 million across two venture capital funds to continue its focus on being a champion of entrepreneurs.

The $580 million Mayfield XVII and the $375 million Mayfield Select III follow the $750 million raised by prior funds in March 2020, bringing the Firm’s total assets under management to $3 billion. Both funds became oversubscribed in a couple of…

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