ISSUE – Jul. 02 | Old VC firms hold entrenched position in fundraising despite fresh entrants

On Tuesday, news broke that Sequoia Capital has closed $6 billion out of what could end up being an $8 billion growth-stage fund with global scope. Crunchbase News covered that particular financing, but also found that Sequoia Capital is potentially raising billions more across funds focused on China, the U.S. and India, according to press reports and regulatory filings we examined. [ Tech Crunch ]

ad ad