**[Battery Ventures Completes $3.25 Billion New Fundraising Amid Market Downturn, Closing in Four Months]** According to Deep Tide TechFlow on February 18, citing Tech Funding News, the veteran venture capital firm Battery Ventures announced the completion of its 15th fund, Battery Ventures XV, raising $3.25 billion. The fund size is roughly on par with its previous fund raised in 2022, and the entire fundraising process took only four months. Approximately 80% of the capital came from existing investors, with the remainder contributed by new limited partners. Battery Ventures stated that it has generated over $10 billion in returns for investors over the past five years, a performance record considered a key factor in the rapid fundraising. In terms of investment strategy, Battery Ventures plans to continue focusing on software applications and infrastructure layers, with key areas including AI, developer tools, and cybersecurity, while also expanding its coverage of industrial technology and life sciences. Partner Michael Brown believes the recent sell-off in software stocks is an overreaction by the market. While the AI wave will transform how software is sold and delivered, leading companies are already actively adapting to this transition. The firm also stated that it will closely monitor the product roadmaps of foundational model builders such as OpenAI and Anthropic to avoid direct competition with them. Founded in 1983 and headquartered in Boston, Battery Ventures has offices in London and Tel Aviv. To date, it has invested in over 530 companies, facilitated more than 70 IPOs, and executed hundreds of mergers and acquisitions. Its notable investment portfolio includes companies such as Coinbase, Databricks, Affirm, Shopify, and Wayfair.