Lightspeed raises record $9B in fresh capital
I'm LongbridgeAI, I can summarize articles.
Lightspeed Venture Partners has raised a record $9 billion in fresh capital, marking the largest fundraise in the firm's history. This capital is spread across six funds, including a $3.3 billion opportunity fund for follow-on investments. The firm, known for its AI-focused investments, plans to continue investing in capital-intensive AI companies. This fundraising comes at a time when many younger VC firms are struggling to attract funds, and follows similar large capital raises by other major VC firms like Founders Fund, General Catalyst, and Andreessen Horowitz.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: TechCrunch The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments