American tech-focused investment firm led by Philippe Laffont
Blue Origin has opened talks to raise $10 billion at a $130 billion pre-money valuation, marking the firm's first major external fundraising since its 2000 founding. Coatue Management is expected to lead with a multibillion-dollar commitment; Jeff Bezos is set to add several billion. The move follows May's New Glenn explosion and ongoing recovery work.
D1 Capital has delivered a roughly 10% return in June, pushing its 2026 gains to about 25.7% as AI-focused bets and diversified holdings outperformed the Nasdaq 100 and S&P 500. Other Tiger Management affiliates also posted solid June performances, while Coatue recovered from a weak Q1. SpaceX and other big-name positions shape the quarter.
A slate of venture funds is expanding bets beyond crypto into AI, robotics, and security, while continuing to back crypto infra. Paradigm, Stoke, and Chemistry are among firms retooling portfolios to ride AI's surge, with new funds and notable hires signaling a broader shift in early-stage investing.