FormDSignal
62

Diffusion ONE closes $1.25B venture fund with 113 institutional investors

Fund raise update · Venture capital · Closed · SAN FRANCISCO, CA · Form D/A filed 2026-10-09 · sponsor: Diffusion · all Diffusion One vehicles · Follow Diffusion One →

Diffusion ONE, LP, a Delaware venture capital fund, closed a $1.25B offering under Regulation D exemption 3(c)(7) for qualified institutional buyers. The fund reached its full capitalization on June 23, 2026, with 113 investors and no placement agent.

$100M+ sold3(c)(7) — qualified purchasersCapital closing nowVenture capital

How this compares

  • $1.25B is larger than 99% of the 7,726 venture capital fund launches with a stated size in the last two years; the median is $1.1M.
  • Among 1,633 fund launches filed from CA in the same window it is larger than 99%; the CA median is $19M.
  • Across 444 venture capital sponsors with more than one launch on EDGAR, the median gap between consecutive funds is 3 months.
  • This is the sponsor's 2nd fund launch on EDGAR; the previous one, Diffusion ONE, LP, was filed 4 months earlier at $1B.

Computed from every Form D fund launch on EDGAR since late 2024, not sampled. Amounts are the stated offering size; indefinite offerings are excluded.

Raise progress

Sold rose to $1.25B (+$1.25B, +113 investors) in 109 days since the previous filing.

FiledFormSoldInvestorsChange
2026-06-22D$00
2026-10-09D/A$1.25B113+$1.25B

Amount sold and investor count as restated on each of the issuer's Form D filings. A rise since the previous filing is capital closed in between.

Diffusion on EDGAR

Earlier and related filings by the same issuer and sponsor. All Diffusion One vehicles →

Registered adviser

probable match

DIFFUSION HOLDINGS LLC

Registration
exempt reporting adviser · since 2026-08-21
Private funds on Form ADV
Yes
Office
San Francisco, CA

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Incumbent service providers

Schedule D for this adviser has not been read yet; it is queued.

Other Form D filings by this adviser

1 other filing on EDGAR under this adviser, with size, strategy and date. Subscribe to unlock

People on the filing

N/A N/A Diffusion ONE GP, LLCDirector
Kristian FredricksonDirector
Victor LazarteDirector

[email protected] · observed Work emails for the people on the filing, where the firm publishes or patterns them, labelled by confidence — subscribers

Signed by Kristian Fredrickson, Managing Director of the General Partner of the Issuer.

Why now — by persona

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Filing contact

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