Kleiner Perkins enjoys a successful week with significant tech investments

Kleiner Perkins, a prominent venture capital firm, has had a remarkable week with substantial gains from two major tech IPOs. The firm’s investments in Figma and Ambiq Micro have yielded significant returns, underscoring its strategic prowess in the tech sector. Figma, a leading design and prototyping tool provider, made its debut on the stock market earlier this week, with Kleiner Perkins realizing an estimated $91 million from its share sales. Furthermore, the firm retains a stake valued at over $6 billion, showcasing the substantial growth potential of its investment. Kleiner Perkins’ stake in Figma alone surpasses three times the value of its last mega-fund, which was $2 billion across two vehicles in 2024. Meanwhile, Ambiq Micro, a chip manufacturer specializing in wearable devices, also went public, with Kleiner Perkins holding a significant stake. The firm’s shares in Ambiq Micro are valued at approximately $91.3 million, reflecting another successful outcome for the venture capital giant. Beyond these IPOs, Kleiner Perkins has further bolstered its portfolio with additional ventures. Earlier this month, the firm reportedly secured a decent return from Google’s acquisition of Windsurf, a deal valued at around $1.1 billion. This transaction, which included a 3x return on investment, highlights Kleiner Perkins’ ability to capitalize on emerging technologies. Looking ahead, Kleiner Perkins continues to strengthen its position in the tech landscape. Motive Technologies, a fleet tracking startup backed by Kleiner Perkins, is preparing for its own IPO, potentially by the end of this year. This upcoming offering further underscores the firm’s commitment to fostering innovation and driving growth in the tech industry. Kleiner Perkins’ recent successes reaffirm its status as a leading force in venture capital, consistently delivering impactful investments that resonate across the tech sector.

Published: 8/3/2025