Sands Capital closes $1.1bn Global Innovation Fund III
Thursday, March 19, 2026 · first reported by Private Equity Wire
Sands Capital has closed Global Innovation Fund III at $1.1 billion, exceeding commitments with anchor LPs including Canada Pension Plan Investment Board and Hamilton Lane funds. This represents a strong close for a growth/innovation focused fund vehicle.
- Firm
- Sands Capital
- Fund
- Global Innovation Fund III
- Size
- $1.1B
- Stage
- Final close
- Asset class
- Venture
- Geography
- Global
The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.
Coverage
1 source- DIG Ventures raises $120m third fund to target Europe’s AI infrastructure startupsAltAssets +1
- Sofia-based LAUNCHub Ventures secures €65 million first close of Fund III; targets €75 million+EU-Startups +4
- Stride Consumer grows fund 30% with $550m hard-cap close after four-month raiseAltAssets +1
- Forty.5 Ventures Closes a $30M First Fund to Move SEE Founders Onto the World StageThe Recursive
- SEC charges Meyer Global Management, CEO with defrauding investors in SpaceX pre-IPO fundPensions & Investments +1
- Two Google alumni raise $11.3M to back AI startups that enterprises will actually pay forTechCrunch +1