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Former Benchmark executives raise $1,25 billion for new AI fund

This story is from 2026-10-27. It is preserved in the archive; the latest stories are on the live feed.

October SEC filings highlight major VC funding rounds, including a $1.252B debut AI fund called Diffusion ONE by former Benchmark VCs, alongside new capital vehicles from Trust Ventures, 8VC, and Benchmark. The new Diffusion ONE fund Victor Lazarte and Kris Fredrickson, two former Benchmark executi…

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  1. 2026-10-27 22:29 · DEV Community — AI
    Former Benchmark executives raise $1,25 billion for new AI fund

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