Sequoia Raises $7 Billion Fund Under New Leadership to Expand AI Bets
Sequoia Capital's new leaders have raised a $7 billion fund, the firm's largest, to deepen investments in AI giants including OpenAI and emerging startups.
Sequoia Capital's new leaders have raised a $7 billion fund, the firm's largest, to deepen investments in AI giants including OpenAI and emerging startups.
As OpenAI nears a $100 billion funding round and Anthropic closes a $30 billion raise, at least twelve direct OpenAI investors — including Founders Fund, Sequoia, Iconiq, and BlackRock — have also backed Anthropic, shattering a longstanding venture capital conflict-of-interest norm.
Harvey secures $200M led by Sequoia and GIC at $11B valuation, jumping $3B in months with $190M ARR as legal AI adoption accelerates across law firms.
Voice AI startup ElevenLabs triples valuation to $11B with Sequoia-led Series D, reaching $330M ARR as it prepares for IPO.
Voice AI leader ElevenLabs secures $500M Series D funding led by Sequoia Capital, reaching $11B valuation with $330M ARR from enterprise adoption.
Voice AI startup ElevenLabs secures $500M in Series D funding at $11B valuation, tripling its value in one year with enterprise adoption surging.
Sequoia Capital is set to join a $25 billion+ funding round for AI startup Anthropic, a move that defies the traditional venture capital practice of not backing competing companies.