DFJ Growth is a venture capital firm based in San Mateo, California, founded in 2005. The firm specializes in investing in growth-stage technology companies that have achieved product-market fit and are scaling rapidly. DFJ Growth focuses on sectors such as enterprise software, AI, cybersecurity, space, robotics, and biotechnology. In 2025, the firm closed its fifth and largest fund, DFJ Growth V, raising $1.2 billion. Notable investments include SpaceX, Tesla, Twitter, Coinbase, Unity, Ring, and Anduril. The firm typically participates in Series B and later funding rounds