Press Release

Founders Fund Closes $4.6 Billion Growth III Fund

August 4, 2025

San Francisco – August 4, 2025 – Cooley recently advised Founders Fund, a San Francisco-based venture capital firm, on the close of its $4.6 billion third growth fund, Founders Fund Growth III.

Lawyers John Dado, Jimmy Matteucci and Eric Doherty led the Cooley team advising Founders Fund.

Cooley previously advised Founders Fund in connection with the closings of its prior funds and recently as a co-lead investor in Anduril Industries’ $1.5 billion Series F funding round in 2024.

About Cooley LLP

Clients partner with Cooley on transformative deals, complex IP and regulatory matters, and high-stakes litigation.

Cooley has nearly 1,400 lawyers across 19 offices in the United States, Asia and Europe, and a total workforce of more than 3,000 people.

This content is provided for general informational purposes only, and your access or use of the content does not create an attorney-client relationship between you or your organization and Cooley LLP, Cooley (UK) LLP, or any other affiliated practice or entity (collectively referred to as “Cooley”). By accessing this content, you agree that the information provided does not constitute legal or other professional advice. This content is not a substitute for obtaining legal advice from a qualified attorney licensed in your jurisdiction, and you should not act or refrain from acting based on this content. This content may be changed without notice. It is not guaranteed to be complete, correct or up to date, and it may not reflect the most current legal developments. Prior results do not guarantee a similar outcome. Do not send any confidential information to Cooley, as we do not have any duty to keep any information you provide to us confidential. This content may have been generated with the assistance of artificial intelligence (AI) in accordance with our AI Principles, may be considered Attorney Advertising and is subject to our legal notices.