Thrive Raises Billions In New Funding For AI, Space Investments
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Thrive Capital has raised over $10 billion for its new fund, Thrive X, focusing on AI, infrastructure, robotics, and life sciences. The fund includes $1 billion for early-stage investments and $9 billion for growth-stage investments. Thrive X, which doubled the size of its previous fund, attracted significant investor interest, with the firm turning away billions in prospective investments. Thrive Capital, founded in 2009, has previously invested in major companies like OpenAI, SpaceX, and Stripe.
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