DST Global

Growth Equity

Global internet investment firm focusing on late-stage technology companies. Founded by Yuri Milner in 2009 as a spinoff from Digital Sky Technologies. Portfolio includes Facebook, Twitter, Alibaba, Spotify, and ByteDance.

Menlo Park, United States · 198+ investments · 184 portfolio companies

Growth
Late Stage
Artificial Intelligence
E-Commerce
Fintech
Headquarters
Menlo Park, United States
Founded
2009
AUM
$10.0B
Portfolio Companies
184
Total Investments
198
Last Investment
Jun 2026
Geographic Focus
China, Europe, Global, United States

Investment Thesis

Invests in the world's fastest-growing internet and technology companies at growth and late stages. Takes large minority stakes in proven businesses pre-IPO, prioritizing scale and global internet leadership.

DST Global is a Growth Equity firm based in Menlo Park, United States. It has made 198 investments in Artificial Intelligence and E-Commerce, including Harmonic, Canva and NALA.

Portfolio184

Co-investors24

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24 co-investors across 659 shared portfolio companies — who they back alongside, and how often they lead.

Venture Capital ×14 · Hedge Fund ×4 · Sovereign Wealth Fund ×2 · 221 shared rounds

Investment History

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