Robinhood Ventures Fund II (RVII) Invests More than $15 Million in Y Combinator Summer 2026 Batch (YC S26)

Today, Robinhood Ventures Fund II (NYSE: RVII) announced approximately $15.75 million in new investments across 46 companies from Y Combinator's Summer 2026 (YC S26) batch with individual investments ranging from $100,000 to $600,000 per company.

"We built RVII to meet founders at the very earliest stages of their company's life, with an emphasis on those that we believe have considerable growth potential," said Sarah Pinto, Head of Robinhood Ventures. "That's exactly what this YC S26 batch represents, with forty-six promising new companies that show how deep this pipeline runs. We're glad retail investors get to be a part of it."

"Y Combinator has produced some of the most ambitious founders in the world, and we’re hopeful this batch will be no different," said Rich Aberman, Robinhood Ventures Fund II Portfolio Manager. "Adding 46 new companies in a single batch reflects the pace and depth of the YC ecosystem, and our conviction in backing these founders early."

New Investments

As part of YC’s S26 batch, Robinhood Ventures Fund II (RVII) made new investments in the following companies: 6thSense, Aerogen Systems, Agency Tool Company, Agentcard, Allia Health, Applied Electrodynamics, Audun, Avoca Systems, Belvedir, Bloomy, CoArena, Codag, Computable, Context.dev, Cosmic Robotics, Cova, Datoric, DeepReach, Dipole Labs, Edgerun, Enact, Exosat, Financial Datasets, Floracene, Frontier Computing, IMPACT Drones, Instaplay, Isengard Industries, Luca IQ, Marble, Mass Magnetics, Molagri, Olam Labs, OpenRelay, Praxis Robotics, Prescience, Radley, Rapidfolio, Rex, Robocurve, RonanRx, Standard Machines, SubVysion, tash, Waddle Labs, and Whitespace.

About RVII

RVII is a business development company (“BDC”), a type of closed-end fund, that provides retail investors exposure to a diversified portfolio of private companies in their earliest stages. A closed-end fund is a professionally managed pool of assets—in this case, investments in private companies—that issues a fixed number of shares and trades on an exchange like a stock. 

With these latest investments, RVII now includes over 120 private companies, with others expected to be added over time. RVII’s goal is to make seed investments in promising companies across sectors that demonstrate significant growth potential, with a focus on companies that are current or previous participants in the Y Combinator startup accelerator program or companies with a founder or co-founder that has participated in the Y Combinator startup accelerator program. Since 2005, Y Combinator has funded over 5,000 companies with a combined value of over $1.3 trillion, including 100 "unicorns" with valuations over $1 billion.*

Many startups don’t make it, but the ones that do can change the world. The risks may be higher, but so are the potential rewards, and RVII aims to expand access to this crucial and often closed-off part of the market. 

RVII is meant to be accessible to all investors, with no accreditation requirements, no investment minimums, a competitive management fee, and daily liquidity as a publicly traded fund on the NYSE. RVII pays Robinhood Ventures, the investment adviser, a management fee consisting of two components. A base management fee that is calculated and payable quarterly at an annual rate of 2.00% of net assets, as well as an incentive fee that is determined and payable annually, and is equal to 20% of the realized capital gains from inception through the end of the fiscal year, less realized capital losses, unrealized capital depreciation, and the aggregate amount of any previously paid incentive fees paid for prior periods.

RVII uses the "Announcements" section of the RVII website (accessible at https://robinhood.com/us/en/ventures/rvii/) and the Robinhood Newsroom (accessible at newsroom.aboutrobinhood.com) as a means of disclosing information to the public in a broad, non-exclusionary manner for purposes of SEC Regulation Fair Disclosure (Reg. FD). Investors should routinely monitor those web pages, in addition to RVII's press releases, SEC filings, and public conference calls and webcasts, as information posted on them could be deemed material.

Disclosures:

*Source: Y Combinator; data as of July 2026. Past performance is not indicative of future results.

An investment in Robinhood Ventures Fund II is speculative and involves a high degree of risk with substantial risk of loss.

"Y Combinator" is a registered trademark of Y Combinator Management, LLC or its affiliates and is used by the Fund with permission. Y Combinator does not sponsor, endorse, or promote the Fund and has no responsibility for the management or performance of the Fund.

Robinhood Ventures (RHV) is the investment adviser for RVII. Robinhood Ventures is the dba name for Robinhood Ventures DE, LLC. Robinhood Ventures is an SEC-registered investment adviser and a wholly owned subsidiary of Robinhood Markets, Inc.

Forward-Looking Statements

This communication includes "forward-looking statements," including statements regarding RVII’s belief that companies in the YC S26 batch represent promising companies with considerable growth potential, the deep pipeline of companies in Y Combinator batches and the depth of the Y Combinator ecosystem, RVII’s hope that its batch of investments will produce some of the most ambitious founders in the world, RVII’s conviction in backing founders early, RVII's investment strategy and focus on Y Combinator-affiliated companies, the potential addition of portfolio companies to RVII over time, and RVII's objectives to expand access to private markets. Forward-looking statements involve known and unknown risks, uncertainties and assumptions, including the risks outlined under "Risks" in RVII's prospectus and elsewhere in RVII's filings with the SEC, which may cause actual results to differ materially from any results expressed or implied by any forward-looking statement. RVII and Robinhood have no obligation, and do not undertake any obligation, to update or revise any forward-looking statement made in this communication to reflect changes since the date of this communication, except as required by law.

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