Khosla Ventures Seeks $3.5B In Fresh Capital
Khosla Ventures, a firm known for early investments in OpenAI, is raising $3.5 billion across three funds, the Wall Street Journal reported. That target is 17% larger than the firm’s previous 2023 fund haul of $3 billion. About half of the new capital will be allocated to its ninth core venture fund. The remaining money will be divided between a $1.1 billion growth fund for later-stage startups and a $650 million seed-stage focused fund.
- This significant fundraising round underscores Khosla Ventures' commitment to supporting innovation in the tech sector, particularly in areas like AI and e-commerce.
- Will this influx of capital enable Khosla Ventures to make strategic acquisitions or invest in new technologies that can further solidify its position as a leading venture firm?