Benchmark Capital raises $2B in new funds, including first-ever growth fund
Benchmark Capital has raised $2 billion across two new funds as part of a strategic shift from its traditional model. The firm is launching a $1.25 billion later-stage fund and a $750 million early-stage vehicle to adapt to rising startup valuations, particularly in the AI sector.
Topics: AI startups Benchmark Capital early-stage investing VC fund size increase