Fund

Craft Ventures

San Francisco · founded 2017 · ~$3.3B AUM

David Sacks's firm. Led Allen Control Systems' Series A, the company behind the Bullfrog autonomous gun turret, valued at $2.2B by June 2026. Also holds a stake in Anduril, which Sacks kept while serving as White House AI czar.

Size

$3.3B under management

Latest fund: $1.32B (2023)

As of 2023-11-30 · source

Fund V targeting $1B reported August 2026, not yet closed.

Runs it

David Sacks

Pension investors

• Illinois TRS Illinois
  $60M committed · as of Jun 30, 2026

From each pension fund's own documents. Partnerships and sources are on What the pensions hold.

Backs on this map

AndurilAllen Control Systems

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