# Dimension Capital announces new $800M fund The science-tech focused fund accelerates deep tech investments. - **Source:** [TechCrunch](https://techcrunch.com) - **Published:** 2026-07-22 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/7aa4359f-5f21-49d9-a1ef-95fb2b4355a6 ## Rapid Growth Despite being founded in 2022, Dimension Capital has successfully raised large funds back-to-back. The new $800M fund is 60% larger than its $500M fund 18 months ago. This demonstrates rapid market acceptance of their science-tech intersection investment thesis. ## Founder Profile Founded by former Lux Capital and Obvious Ventures partners, Dimension focuses on deep tech companies bridging biotech and software. The founders anticipated rapid growth in this space and have validated their thesis through strategic investments. ## Notable Investments In 2024, the firm co-led a $30M seed round in Chai Discovery. The open-source AI drug discovery startup announced last week it raised $400M at a $3.8B valuation, showcasing Dimension's early-stage investment acumen. ## Anti-Aging Bet Dimension backed New Limit in its Series A in January 2025. Co-founded by Coinbase's CEO, the anti-aging startup just closed a Series C at $3.1B valuation, proving the firm's ability to identify transformative opportunities. ## Diverse Portfolio The firm's portfolio includes Modal Labs and Anthropic. This spring, Anthropic acquired Dimension's portfolio company Coefficient Bio for $400M, strengthening the firm's strategic position in AI-biotech convergence. ## Industry Impact Dimension's success validates growing investor interest in deep tech. Companies at the science-compute intersection are attracting attention for their high-return potential. This trend signals more funds will flow into this space, reshaping venture capital priorities. ## Sources covering this story - https://techcrunch.com/2026/07/21/dimension-capitals-800m-third-fund-shows-the-intersection-of-science-and-compute-is-booming/ — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._