Home / Business and Economy / Dimension Capital Raises $800M, Defying VC Downturn
Dimension Capital Raises $800M, Defying VC Downturn
22 Jul
Summary
- Dimension Capital raised an $800 million fund, surpassing its previous $500 million vehicle.
- The firm focuses on investments at the intersection of science and compute.
- Recent investments include Chai Discovery and anti-aging startup New Limit.
Dimension Capital, a New York firm founded in late 2022, has successfully raised an $800 million fund. This new vehicle is 60% larger than their prior $500 million fund announced just 18 months ago, indicating strong investor confidence.
The firm strategically invests at the intersection of science and compute, a thesis that has rapidly gained traction since its inception. Dimension Capital was founded by former Lux Capital partners Zavian Dar and Adam Goulburn, along with Obvious Ventures alum Nan Li.
Their recent portfolio highlights include a $30 million seed investment in Chai Discovery, an AI drug development startup that has since raised $400 million. Dimension Capital also backed anti-aging startup New Limit in January 2025, which recently completed a Series C at a $3.1 billion valuation.
Further notable investments include inference company Modal Labs and AI giant Anthropic. Dimension Capital gained shares in Anthropic after the AI company acquired their portfolio company, Coefficient Bio, this spring.
