Anti Fund Targeted $400 Million for Second Venture Fund
The firm is soliciting capital for its new vehicle after managing $180 million in assets across previous funds.
Updated on Oct. 1, 2026 in Startups
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Anti Fund has launched a fundraising effort for a new $400 million venture fund. The expansion follows the firm's previous raises, including a $30 million initial fund and a $100 million growth vehicle.
Why it matters
The capital raise represents a significant scaling of the firm's assets under management, which currently total more than $180 million. The move signals a major shift in the firm's deployment capacity as it expands beyond its earlier, smaller-scale venture structures.
Anti Fund is seeking $400 million for its new vehicle, a major jump from the $30 million raised in its December 2025 debut fund. The firm currently manages over $180 million in assets across its portfolio.
The players
Jake Paul
Manager of Anti Fund and investor with a high-profile media background.
Geoffrey Woo
Manager of Anti Fund and an investor focused on early-stage technology startups.
Logan Paul
General partner at Anti Fund and prominent media personality.
The details
Anti Fund, led by managers Jake Paul and Geoffrey Woo with general partner Logan Paul, is soliciting capital to expand its investment footprint. The firm currently holds stakes in companies including OpenAI, Anduril, Cognition, Helion, and Erebor. The new fund will build upon the operating model established during the launch of the firm's $100 million Growth I fund in June 2026.
Timeline
December 2025: Anti Fund closed its $30 million Fund I.
June 2026: Anti Fund launched a $100 million Growth I fund.
October 1, 2026: Anti Fund targeted $400 million for its second fund.
Market Landscape
The fundraising effort aligns with the shifting venture capital fundraising environment where firms are moving toward larger vehicle sizes after recent years of capital constraint. Anti Fund's scaling reflects a broader trend of emerging managers attempting to increase their AUM.
Founders seeking capital should note the firm's increased capacity to lead larger funding rounds for companies in sectors like AI and defense. Operators should track how the firm’s expanded portfolio interests in companies like OpenAI and Anduril influence its future investment criteria.
The takeaway
The move highlights the firm's rapid shift from boutique venture stakes to a larger institutional asset management model. Operators should monitor the firm's investment pace and sector focus as it gains significantly more capital to deploy into high-growth technology startups.
Further reading
For more on the latest trends in emerging firm capital deployment, see the Startups section.
Source note: This article includes information reported by Axios.
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