| Log in
Photo Credit: Mukul Mudgal/VCCircle

Sequoia Capital seeks up to $6 bn for new global fund: Report

21 December, 2017

Silicon Valley venture capital giant Sequoia Capital is in the early stages of raising $5 billion to $6 billion for a third global growth fund, Recode reported.

The venture capital firm is looking to raise more money in the wake of disruption from SoftBank’s $100 billion vision fund, Recode added.

Reuters had earlier reported that Sequoia’s China arm was looking to raise $1.5 billion or more for a yuan-denominated fund.

Sequoia’s previous fund in the series had invested in companies like Airbnb, Stripe and Toutiao.
Sequoia Capital did not comment on the report.

Like this report? Sign up for our daily newsletter to get our top reports.


Leave Your Comment
Sequoia Capital tops up old India fund with $125 mn

Sequoia Capital tops up old India fund with $125 mn

Joseph Rai 8 months ago
Global venture capital firm Sequoia Capital has topped up its fourth India...
Westbridge's New Public Avtar

Westbridge’s New Public Avtar

TEAM VCC 7 years ago
WestBridge Capital Partners, which raised its debut fund back during the dot com...
Sequoia Capital China aims to raise $1.5 bn in yuan fund

Sequoia Capital China aims to raise $1.5 bn in yuan fund

Reuters 6 months ago
Sequoia Capital China, an early investor in top Chinese technology firms such as...
No Comments

Sequoia Capital seeks up to $6 bn for new global fund: Report

Powered by WordPress.com VIP