Facebook co-founder’s B Capital hits $500m hard cap for third early-stage AI fund
Wednesday, July 8, 2026 · first reported by AltAssets
B Capital (Eduardo Saverin) closed Ascent Fund III at $500M hard cap, nearly double its Fund II size, citing strong AI-focused LP appetite.
- Firm
- B Capital
- Fund
- Ascent Fund III
- Size
- $500M
- Stage
- Close
- People
- Eduardo Saverin
- 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
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