Aiming to raise Brightmind Fund II with a target of $250 million (approximately 335.2 billion won)

Brightmind Partners is raising a second fund targeting about $250 million, with Managing Partner Stephen Ward saying roughly 20% of the capital will go to AI infrastructure. Ward co-founded the U.S. cybersecurity investment firm with Gur Talpaz in 2024, and their first fund closed at $250 million in late 2025. Ward is now sole general partner on Fund II after Talpaz left the firm in April. The raise signals continued investor appetite for cybersecurity and AI infrastructure despite a leadership change at the firm. What to watch next is whether Brightmind reaches its $250 million target and how it allocates the AI infrastructure slice.