HedgeCo.Net — Cherubic Ventures closed Fund VI at $68.88 million on September 1, 2026, taking AUM across its six funds past $500 million. The PR Newswire release is the primary. CryptoRank independently printed the same September 1 close date and the same Fund VI raise context.
Solo GP Matt Cheng, based in Taipei, sized the vehicle for auspicious eights and will keep the early-stage AI-native mandate—infrastructure, developer tools, enterprise, healthcare, and physical AI/robotics. The firm says portfolio companies have already raised more than $500 million of follow-on capital. Named holdings in the close materials include Entire (led by former GitHub CEO Thomas Dohmke), Sudo AI (cited at roughly a $2 billion valuation in about two years), Patlytics, Max AI, Generation Lab, and therapiAI.
This is a hard close on Fund VI, not a first close. Mark $68.88 million as the Fund VI total and $500 million-plus as firmwide AUM across six funds. Do not invent LP names, a hard cap above $68.88 million, or portfolio valuations beyond the Sudo AI figure explicitly cited. The allocator object is a Taipei solo-GP seed book concentrating into AI-native companies with a deliberately numbered close and follow-on already past half a billion dollars.