US VC firm Touring Capital closes $330m fund for AI startups

US VC firm Touring Capital closes $330m fund for AI startups

Tech in Asia·2025-09-27 17:00

Touring Capital, a San Francisco-based venture capital firm, has closed its first fund at US$330 million.

Founded in 2023 by Nagraj Kashyap, Priya Saiprasad, and Samir Kumar, the firm focuses on early-growth, AI-powered software startups.

It has made 12 investments since launch, including one unicorn and one exit.

Touring Capital led SafeBase’s US$33 million series B before the company was acquired by Drata 10 months later.

Its portfolio includes Netradyne, Daloopa, Numa, Cusp, and Exaforce.

The firm recently opened its headquarters in San Francisco’s South Park and expanded its team with new hires and advisers.

Touring Capital is backed by institutional investors, family offices, and more than 30 former founders.

.source-ref{font-size:0.85em;color:#666;display:block;margin-top:1em;}

🔗 Source: Touring Capital

……

Read full article on Tech in Asia

Business