Battery Management Corp. / Battery Ventures
Battery Ventures closes $3.25 billion Fund XV
Summary: Battery Ventures announced a single close on an oversubscribed $3.25 billion Fund XV to back technology companies globally. This item is scoped to Battery Ventures / Battery Management Corp. and should not be drafted under the unrelated Battery Global Advisors name.
Why it matters: The update may matter to diligence readers as a capital-formation and strategy-scope signal for a technology-focused venture, growth, and buyout platform, while avoiding any implication about future deployment success or performance.
Summary
Battery Ventures announced that it closed a $3.25 billion Fund XV to continue backing technology companies globally. The BusinessWire release describes a single close on an oversubscribed fund and names Battery Ventures as the investment firm.
This draft is intentionally retargeted to Battery Ventures / Battery Management Corp. It should not be published under Battery Global Advisors or used to imply that an unrelated similarly named adviser is connected to the fund close.
Why it matters
For due-diligence readers, the item is relevant as a capital-formation and strategy-scope signal for a technology-focused platform. The size and close structure can help frame follow-up questions about deployment capacity, strategy mix across venture/growth/buyout markets, geography, and how the manager describes its opportunity set.
The announcement is not evidence of future deployment success, company performance, fund returns, or suitability for any investor.
Source notes
- Press-release source: https://www.businesswire.com/news/home/20260218854989/en/Battery-Ventures-Raises-%243.25-Billion-to-Back-Innovative-Tech-Companies-Worldwide
- Public adviser profile: https://adviserinfo.sec.gov/firm/summary/160921
- Source posture: BusinessWire press-release copy; use attribution and avoid treating the release as independent validation of strategy or performance claims.
- Verifier note: publishable only as a deliberately retargeted Battery Ventures / Battery Management Corp. item, not as Battery Global Advisors.
9AT filing context
Public ADV/profile context maps Battery Management Corp. to CIK 1548594, CRD 160921 / SEC file 801-79475, with about $15.6 billion in reported regulatory AUM/profile scale. The profile output shows 113 employees, 68 private funds, no separately managed account flag, and public websites/domains battery.com and batteryventures.com.
The private-fund profile includes Battery Ventures XV, L.P. with gross asset value reported at about $3.25 billion, plus related Battery Investment Partners XV and Battery Ventures XV-EF rows. That context is useful for entity and fund scoping, but it is not an endorsement and should not be used to infer performance, investor composition, or deployment quality.
Battery filed a public Form 13F-HR for period 2025-12-31 on 2026-02-17, with 5 listed information-table rows and parsed value total of about $622.8 million. The largest returned rows by parsed value were ServiceTitan, Kodiak AI, Braze, Sprinklr, and Champions Oncology. The 13F is a delayed public-equity snapshot and is not proof of the Fund XV close, private-company exposure, or current strategy.
What to watch
Watch for Battery-authored fund materials, Form ADV updates, portfolio-company announcements, and future public filings that clarify Fund XV’s strategy mix, deployment cadence, geography, sector focus, and how Battery distinguishes venture, growth, and buyout activity in public materials.