Mantis Ventures has closed its third fund with $100 million in commitments. The venture capital firm was specifically co-founded by Alex Pall and Drew Taggart, who together make up the popular electronic DJ duo, The Chainsmokers. This new fund, announced on July 15, 2025, at 3:36 PM PDT, marks a significant milestone as it is 25% larger than the firm’s previous $80 million fund. The achievement comes at a time when many venture firms face difficulties in maintaining existing fund sizes or attracting new capital.
Pall and Taggart started Mantis Ventures to actively find, fund and grow the most innovative B2B/B2C companies. They go deep, looking particularly to the technology sectors. The firm has already shown strong hand in key investments toward the cybersecurity firm Chainguard and the AI financial analyst startup Rogo. These investments reflect Mantis Ventures’ commitment to supporting companies that leverage technology to solve pressing challenges in their respective industries.
While the firm’s co-founders are well known celebrities, their investment portfolio doesn’t overtly reflect their connections to the music business. Read on to discover the surprising links you missed! Instead, their eyes are always on the prize — finding the next big startup that can provide huge returns. This launch strategy is a reflection of an increasingly popular trend in venture capital. Companies today are focusing on innovation and technological advancement first, brand recognition second.
The increase in fund size for Mantis Ventures highlights its ability to attract capital even when many other firms are struggling. The firm’s success can be attributed to its strategic vision and the growing importance of cybersecurity and artificial intelligence in today’s business landscape. As businesses and infrastructure operators contend with changing and increasing threats, they are looking for more sophisticated solutions. As a result, Mantis Ventures is uniquely positioned to capitalize on these trends.
The impact investment landscape is no less competitive, with many firms competing for a small pool of capital. Against this backdrop, the successful closing of a larger fund by Mantis Ventures is a testament to credibility and attractiveness. The firm is committed to encouraging innovation. It knows what’s going on with today’s market movers.
