Chemistry Ventures seeks $500 million for its second investment fund

Chemistry Ventures, a venture capital firm, announced a fundraising target of $500 million. The capital will form the firm’s second investment fund. The effort is led by founders Mark Goldberg, Kristina Shen and Ethan Kurzweil. The founders are pictured together in a recent promotional image. The new fund will follow the firm’s initial investment activities. Chemistry Ventures aims to deploy the capital into early‑stage technology startups. Raising the second fund signals confidence from limited partners in the firm’s strategy. The firm expects to close the fund later this year, according to the announcement.