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Early-stage investing stories

Aug 14, 2026

Thrive Capital's 2022 fund grows sevenfold to $3.7 billion on AI bets

Joshua Kushner's Thrive Capital 2022 early-stage venture fund has grown from $516 million to over $3.7 billion, driven by early investments in OpenAI, SpaceX, and Anduril Industries.

Aug 14, 2026·2 sources

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Top claims

▪Joshua Kushner issued the formal investor letter to Thrive Capital backers in the absence of an investor day in 2026.
▪Thrive Capital's 2022 early-stage venture capital fund grew from an initial $516 million to more than $3.7 billion as of the end of June 2026.
▪Thrive Capital's 2022 early-stage venture capital fund made early investments in the artificial intelligence company OpenAI.

Subtopics

AI AI startups OpenAI Venture capital funding

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