KdT Ventures has successfully closed its largest fund to date, Fund IV, raising over $100 million, which brings its total assets under management to over $250 million. Founded in 2017 by Cain McClary and based in Austin and Research Triangle, North Carolina, the firm specializes in early-stage science-driven startups. Fund IV fundraising took only four months, with KdT previously raising $80 million for Fund III in 2022. The firm plans to invest in innovative companies leveraging advancements in science. Additionally, Dr. Phil Grayeski has been promoted to managing partner, and Patrick Malone has become a partner.