vcspine

Playground

Playground last closed a fund in June 2025 — 17 months ago.

Next fund
Oct 2029
not due yet
last close~58 mo116 mo

Playground has raised 3 times about every 58 months. The last was Playground Ventures IV, L.P. That points to Oct 2029.

Historically about 1 in 8 firms this early in their cycle filed within a year. The month is approximate — how often this is right.

Deploying  This firm closed a fund in the last 18 months, so it has money to put to work now.

Still filing with the SEC: July 2026. That is an amendment to an existing offering, not a new fund - which is what an evergreen structure looks like in this data.

Funds on file
15
Capital raised
$2.06B
Latest close
June 2025
Based in
CA

Vehicles on file

VehicleFirst closeAmount Filings
Playground Omega 2, L.P.June 2025$2M0002072280 ↗
Playground Helix, L.P.May 2025$5M0001936736 ↗
Playground Omega, L.P.May 2025$4M0002069677 ↗
Playground Ventures IV, L.P.December 2024$475M0002043278 ↗
Playground Leader Fund, L.P.September 2022$200M offered0001855981 ↗
Playground Ventures Affiliates III, L.P.June 2022$5M offered0001918729 ↗
Playground Acquire, L.P.March 2022$31M0001868067 ↗
Playground Ventures III, L.P.February 2022$500M offered0001859529 ↗
Playground Genomics, L.P.May 2021$15M0001861388 ↗
Playground Compute, L.P.May 2021$10M0001861451 ↗
Playground Ventures, L.P.April 2015$242M0001636153 ↗
Playground Global, LLCApril 2015$48M0001638842 ↗
Playground Ventures II, L.P.—$500M offered0001690302 ↗
Playground Ventures Affiliates II, L.P.—$15M offered0001710770 ↗
Playground Quantum Fund, L.P.—$10M offered0001721821 ↗

Each row links to that vehicle’s Form D filings on EDGAR — the name, date and amount above should match what is filed there.

Named on filings

Bruce Leak, Peter Barrett, Matt Hershenson, Jory Bell, Andrew Rubin, Laurie Yoler, Pat Gelsinger

What Playground invests in

Typical fund
$15M median, pre-seed / seed scale
Median of this firm’s filed fund sizes on Form D.
Says it invests in
AI · health/bio · deeptech · climate/energy
“We invest at the earliest stages of company formation, backing technical founders working at the intersection of AI, engineered biology, next-gen compute, and hard science.” — its own site, read September 2026
Says it invests at
early-stage
“With $1.7 billion in assets under management, we invest in early-stage deep tech startups tackling the world’s hardest problems—companies reinventing computing, AI, automation, materials, and more.” — its own site, read September 2026
Cheque size, in its words
$
“With $1.7 billion in assets under management, we invest in early-stage deep tech startups tackling the world’s hardest problems—companies reinventing computing, AI, automation, materials, and more.” — its own site, read September 2026
Website
playground.vc
As filed by the adviser on Form ADV, April 2026.

Sector and stage are quoted from the firm’s own website, not inferred, and dated.

Service providers

Fund administrator
None reported — the adviser answered “no administrator” for 7 of 7 funds
Auditor
Deloitte (5 funds)

From Form ADV filed by PLAYGROUND GLOBAL, LLC CRD 226570 ↗, latest filing April 2026, covering 7 funds linked to this firm by Form D file number. Form ADV is filed once a year, so a provider may have changed since. How this is matched.

What this is. Every figure on this page comes from Form D filings with the U.S. Securities and Exchange Commission — public records, reproduced here as filed. Service providers, where shown, come from the adviser’s Form ADV and are dated.

What it is not. Single-deal SPVs, feeder vehicles and GP or employee commitment funds are listed but excluded from fund counts and capital totals: an SPV is one investment, a feeder holds the same capital as its master, and a “Principals” or “Entrepreneurs” fund closes alongside a main fund rather than being raised in its own right. Capital deployed from a family office, a corporate balance sheet or an evergreen structure never arrives as a fund close, so a firm doing that looks quiet here. Amounts are as of the last amendment and go stale. Dates are the date of first sale — a fund's first close, not its final one. Funds filed as “Indefinite” are excluded from totals rather than counted as zero, so a total is a floor.

“No recent fund” is a statement about filings. It is not a statement about whether a firm is solvent, investing, or still in business.