đź“ť General Catalyst Raises $8B

Author

Liam Gill
October 25, 2024

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U.S. venture capital giant General Catalyst announced $8 billion in new funds to invest in early-stage startups globally, focusing on AI, defense, healthcare, climate, and fintech. Of this, $4.5 billion is dedicated to its core VC funds, $1.5 billion supports proven founders in building new companies, and $2 billion is allocated for special accounts for institutional investors. General Catalyst is especially targeting the U.S., Europe, and India, emphasizing AI integration and global resilience in sectors like energy, defense, and manufacturing.

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