In a bold move to reshape the venture capital landscape, former Founders Fund general partner Brian Singerman and Quiet Capital co-founder Lee Linden have launched a new fund called GPx, targeting over $500 million in capital. Announced on July 14, 2025, this fund introduces a unique twist on the traditional VC model, drawing significant attention in the tech investment world.
The most striking aspect of GPx is its innovative structure, with reports suggesting that up to 50% of the fund could be backed by billionaire investor Peter Thiel, a well-known figure in the tech and VC space. Thiel's involvement adds substantial credibility and financial firepower to the initiative, given his track record with successful ventures like PayPal and Palantir.
Unlike conventional venture capital funds, GPx aims to blend a fund-of-funds approach with direct investments, focusing on supporting early-stage startups through to their Series B rounds. This hybrid strategy is designed to nurture promising companies over a longer growth trajectory, potentially redefining how VC investments are structured.
Sources familiar with the strategy, as reported by TechCrunch, indicate that Singerman and Linden are targeting early-stage stars with high growth potential. This focus aligns with Singerman's history of identifying and backing transformative companies during his tenure at Founders Fund.
The tech and investment communities are abuzz with speculation on how GPx’s model could influence broader VC trends. By combining substantial backing from Thiel and a novel investment approach, GPx may set a new standard for supporting innovation in the startup ecosystem.
As the fundraising efforts for GPx continue, all eyes are on Singerman and Linden to see how their vision unfolds. With such a significant capital target and a powerhouse like Thiel in their corner, GPx is poised to make waves in the venture capital arena in 2025 and beyond.
Maria Lourdes
