# Brightmind seeks second fund with AI infrastructure allocation

_Published Thursday, November 5, 2026 at 2:05 PM EST · Capital, Security · Latest · Tier 2 — Notable_

![Brightmind seeks second fund with AI infrastructure allocation — Primary](https://techcrunch.com/wp-content/uploads/2026/11/Stephen_Ward_horiztonal.jpeg?resize=1200,1077)

Brightmind Partners is raising a second fund targeting roughly the same size as its $250 million debut fund, co-founder Stephen Ward told TechCrunch. Ward says about 20% of the second fund will focus on AI infrastructure deals, expanding beyond cybersecurity.

Ward is now the firm's sole general partner after co-founder Gur Talpaz left in April alongside another early colleague. Brightmind's first fund has made 14 investments and recorded one exit: identity security startup SGNL, which CrowdStrike agreed in January to buy for $740 million. The second fund is still being raised.

## Sources

- [Venture Capital News | TechCrunch](https://techcrunch.com/2026/11/05/the-ex-secret-service-agent-who-flipped-a-hacker-is-now-raising-a-second-250m-cybersecurity-fund/)

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Canonical: https://techandbusiness.org/newswire/LsfEp2Mii_XPBU3PPv3rXU
Published: 2026-11-05T19:05:23.638Z
Story chronology: 2026-11-05T18:00:00.000Z
Retrieved: 2026-11-06T22:49:38.874Z
Publisher: Tech & Business (techandbusiness.org)