Cendana Capital is a fund of funds based in San Francisco, California, specializing in investing in very early-stage venture capital funds globally. Founded in 2010, Cendana Capital has raised significant capital, managing over $2 billion in assets, and investing in over 4,800 companies, including over 130 unicorns.
Cendana Capital focuses on partnering with next-generation seed-stage venture capital firms. Their approach seeks to provide institutional investors with exposure to the most promising early-stage venture funds, complementing their existing investments in multi-stage venture firms.
In March 2025, Cendana Capital launched Cendana 6, its fastest-ever fundraise, surpassing a $400 million hard cap. The fund received strong support from institutional LPs, including two public pension funds, and is designed to leverage Cendana’s experience and pattern recognition built over 15 years in early-stage venture investing. The firm is particularly focused on mission-driven investors, including public pension funds and educational or non-profit organizations.
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