Summit Peak Ventures, a Fort Worth-based venture capital firm, has closed on $58.6 million for Fund IV and is targeting $150 million, according to Venture Capital Journal.
Fund IV close and target
The publication reported the close amount for Fund IV as $58.6 million and the target as $150 million, according to Venture Capital Journal.
The article identified Summit Peak Ventures as being based in Fort Worth.
LPs referenced from prior Summit Peak funds
Limited partners in Summit Peak Ventures’ previous funds include the Massachusetts Institute of Technology Basic Retirement Plan, according to Venture Capital Journal.
Limited partners in Summit Peak Ventures’ previous funds also include Crown Cork & Seal Company Retirement Plan, the publication reported.
Limited partners in Summit Peak Ventures’ previous funds also include The Miles Foundation, according to the same report.
Source details
The report was authored by David Bogoslaw and dated 3 September 2026.
The Venture Capital Journal page associated the story with tags including AI, Fintech, Fund of Funds, Fundraising, Healthcare, and US.