Chemistry Ventures targets $500M for its second venture fund

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Chemistry Ventures, a VC firm founded by alumni of Bessemer, Index Ventures, and Andreessen Horowitz, is in the process of raising $500 million for its second fund. The fundraise signals the firm's continued growth since its founding by veterans of three prominent venture capital firms. No timeline or close date for the fund has been publicly disclosed. The target amount reflects the firm's ambition to deploy significant capital in its next investment cycle.

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