Team8 Secures $500 Million for New Funds, Expands Digital Transformation Investments

Team8, a global fund focused on digital transformation, has closed new funds worth $500 million, bringing its total assets under management to over $1 billion. Since its launch in 2014, Team8 has deviated from the traditional venture capital model by adopting a more aligned and operationally intensive approach to investing. It has built 20 companies, invested in 21 others, and achieved eight exits. 

The latest funds reflect an expansion of its commitment to fostering developments in sectors such as cybersecurity, fintech, data infrastructure, AI, and digital health. Team8 operates across two models, Venture-Creation and Venture-Capital, providing extensive support and resources to entrepreneurs.

The new funds will be allocated to fostering groundbreaking developments in critical technological sectors, including cyber, data infrastructure, AI, and digital health. The new money will be divided between three separate funds: Venture-Creation Enterprise ($110 million); Venture-Creation Digital Health ($70 million); and Venture Capital ($235 million). The final $85 million, says Team8, is for “doubling down on Team8’s most successful companies on an ongoing basis.” 

Team8 leverages an in-house team of over 80 company-builders and collaborates with global C-level executives and thought leaders. The model aims to increase the probability of success through a disciplined, repeatable process from inception to growth and beyond.