This new capital, encompassing Top Tier’s Fund X and other accounts, is earmarked for investments in global venture funds and technology companies, with a focus on Europe, the Middle East, and Asia.
Established in 2011, Top Tier has built a diverse portfolio, including interests in Andreessen Horowitz and Creandum, and exposure to over 16,000 venture-backed companies across sectors like biotech, SaaS, web3, and AI.
With this funding, Top Tier’s total capital raised since inception reaches $3.7 billion, managing over $8 billion in assets. Their portfolio includes significant exits such as Anaplan and Carbon Black. Recent investments include Plus One, Paro, and Humane’s AI-powered wearable, Ai Pin.
Alongside this funding announcement, Top Tier welcomes Jonathan Biggs, former SVB Capital managing partner, as an investment partner in London, reinforcing the firm’s commitment to innovative investments amidst evolving market conditions.