8VC, the early-stage, San Francisco-based venture firm founded in 2015 by serial entrepreneur Joe Lonsdale and four other general partners, has closed it second early-stage venture fund with $640 million in commitments, says one of its limited partners.
The fund comes roughly two years after the firm closed its debut fund with $425 million, along with a separate, $50 million seed fund. A couple of years ago, 8VC also quietly raised a late-stage “coinvest” fund that it closed with roughly $400 million in capital commitments, meaning its total assets under management are currently around $1.5 billion.
We’d talked with Lonsdale last year about 8VC, whose mantra is simply “The world is broken; let’s fix it.”
Already at that time, the firm had invested in Synthego, a genetic engineering startup that provides scientists with genetic material used in their CRISPR research, and Color Genomics, a company whose genetics services help its customers understand their risk for the most common her..