Steve Jobs’ son Reed Jobs Just Raised $200M to Fight the Disease That Took His Father

Steve Jobs' son Reed raises $200M to fight cancer through his VC firm Yosemite, honoring his father's legacy with a personal mission to cure the disease.

Steve Jobs' son Reed raises $200M to fight cancer through his VC firm Yosemite, honoring his father's legacy with a personal mission to cure the disease. 

In the quiet corridors of Silicon Valley, a legacy is being rewritten. While the world remembers Steve Jobs for the sleek glass of the iPhone and the revolution of personal computing, his only son, Reed Paul Jobs, is focused on a much more human hardware: the genetic code of cancer.

In a landmark move that blends high-finance venture capital with a son’s deeply personal vow, Reed Jobs’ firm, Yosemite, has officially secured over $200 million for its second oncology-focused fund. According to the official SEC Form D filing dated January 29, 2026, Yosemite Fund II, L.P. has hit this massive milestone, signaling a new era in the fight against the disease that claimed his father’s life in 2011.

A Mission Born in the Shadow of Loss

To understand why Steve Jobs’ son Reed is raising hundreds of millions for biotech, one has to look back to 2004. At just 12 years old, Reed watched his father begin a public and grueling battle with pancreatic cancer. It was a formative trauma that steered him away from the "family business" of gadgets and toward the laboratory.

At Reed Jobs' age of 34, he has already spent over a decade preparing for this moment. He spent years leading the health division at Emerson Collective, the philanthropic organization founded by his mother, Laurene Powell Jobs. Now, through Yosemite named after the national park where his parents were married he is deploying a "hybrid" model that provides grants to scientists and venture capital to startups.

Inside the $200M Yosemite Fund II

While competitors in the VC space often focus purely on profit, Reed’s Yosemite operates with a different soul. The recent SEC filing confirms that the fund is based in San Francisco and has already reached its $200,000,000 target. 

This capital isn't just "dry powder"; it’s a lifeline for researchers working on treatments that are often considered too "risky" for traditional investors. By bridging the gap between early-stage academic research and commercial biotech, Reed Paul Jobs is ensuring that the next breakthrough doesn't die in a lab for lack of funding.

The Jobs Family Legacy 

The rise of Yosemite has brought a renewed spotlight on the Steve Jobs kids and how they are choosing to spend their inheritance. Unlike other "nepo-babies" of Silicon Valley, the Steve Jobs children have largely remained out of the tabloid fray:

Erin Siena Jobs: Often described as the most private of the siblings, Erin Jobs has a background in architecture and design, inheriting her father’s obsession with structural beauty.

Lisa Jobs: The eldest, Lisa Brennan-Jobs, became a voice of her own through her poignant memoir, Small Fry, detailing the complexities of growing up as Steve Jobs’ son and daughter.

Laurene Powell Jobs: The family matriarch continues to oversee a massive empire. With Laurene Powell Jobs' net worth estimated in the billions, she has transitioned the family’s wealth into a tool for systemic social change.

A Private Life

As Reed’s professional influence grows, so does the public’s curiosity regarding his personal milestones. While he remains notoriously protective of his privacy, search interest has spiked regarding a potential Reed Jobs wedding or whether there is a Reed Jobs wife in the picture. 

In the high-society circles of the Bay Area, names like Elena Swanson McCallister have occasionally been linked to the family’s social sphere, but Reed has managed to keep his romantic life a closely guarded secret. For now, his most public "commitment" is the 2026 fund that bears the name of his parents' wedding site.

The Weight of the Name

It is often said that Steve Jobs' son looks strikingly like his father, but his path is entirely his own. He isn't trying to build the next Apple; he is trying to ensure that no other 12-year-old has to watch their father disappear to a preventable or treatable cancer.

With the launch of Yosemite Fund II, Reed Jobs’ net worth and influence are being channeled into a singular, emotional mission. The $200 million recorded in those SEC documents represents more than just currency it represents hope, a son’s memory, and a future where cancer is no longer a death sentence.

Aadi

I am Aaditya. Currently in US. Experienced Financial Content Writer. Skilled financial writer with 3+ years crafting engaging, SEO-optimized content on personal finance, investments, and market trends. Proven track record in simplifying complex topics for various audiences and enhancing brand credibility through high-quality, accurate content. Education: M.B.A. in Finance and Marketing – DU, B.B.A. in Finance – DU, Core Skills: Financial Writing, Market Analysis, SEO, Content Strategy, Compliance Awareness. You may connect with me through my LinkedIn profile.

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