Veteran VCs Launch Chemistry with $350M Fund for Early-Stage Startups

The new firm, founded by former partners from Bessemer, Index, and a16z, aims to provide hands-on support for Series A investments.

Chemistry is a new venture capital firm created by Mark Goldberg, Kristina Shen, and Ethan Kurzweil, previously of Index Ventures, Andreessen Horowitz, and Bessemer Venture Partners, respectively.
The firm has raised $350 million for its debut fund, which was twice oversubscribed, indicating strong interest and confidence from investors.
Chemistry will focus on early-stage investments, particularly at the Series A level, in sectors like fintech, infrastructure, and developer tools.
The partners emphasize a hands-on approach, promising direct involvement and support to the startups they invest in, leveraging their extensive experience.
Chemistry aims to differentiate itself from larger funds by offering personalized attention and leveraging the founders' track records without the bureaucracy of bigger firms.