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General Catalyst Secures $8B to Boost Global Startups
- U.S. venture capital firm General Catalyst has raised $8 billion for investing in early-stage startups globally, focusing on the U.S., Europe, and India.
- The fund includes $4.5 billion for seed and growth equity funding, $1.5 billion for aiding proven founders, and $2 billion for separately managed accounts.
- The company aims to accelerate investments in AI, defense and intelligence, climate and energy, industrials, healthcare, and fintech.
- General Catalyst, which has backed major U.S. tech startups like Airbnb and Stripe, now manages over $30 billion in assets.
- The firm plans to allocate 25% of the new fund to Europe, focusing on pre-seed and seed investments.
Source: Techcrunch
3mo ago

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