US-based investment firm Sequoia Capital is reportedly raising new funds worth $2.25 billion from potential VCs in the funding winter.<\/p>\n\n\n\n
The firm is working on a new $1.5 billion US growth fund focused on more mature companies, reports The Information.<\/p>\n\n\n\n
The investment firm is also planning “a $750 million fund focused on earlier-stage deals,” and aims to close the new funds this month, the report mentioned, citing sources.<\/p>\n\n\n\n
These funds are being called “sub-funds,” launched after the firm overhauled the structure for its US and European business.<\/p>\n\n\n\n
The new funds come as Sequoia Capital recently told founders that it was expecting a longer economic recovery.<\/p>\n\n\n\n
“With the cost of capital (both debt and equity) rising, the market is signalling a strong preference for companies who can generate cash today,” according to the VC firm.<\/p>\n\n\n\n
Last month, Sequoia India and Southeast Asia raised $2.85 billion across a set of funds, including a $2 billion early-stage, venture and growth fund for India and an $850 million Southeast Asian fund, to help founders build companies from idea to IPO and beyond.<\/p>\n\n\n\n
“This fundraise, which comes at a time when markets are starting to cool after a very long bull run, signals our deep commitment to the region and the faith our Limited Partners have in the long-term growth story of India and Southeast Asia,” the company had said in a statement.<\/p>\n\n\n\n
Last year, India emerged as the third-largest startup ecosystem in the world, after the US and China. India currently has more than 100 unicorns.<\/p>\n\n\n\n
In 2021, Indian startups raised $42 billion across 1,583 deals, resulting in 42 unicorns.<\/p>\n\n\n\n
Southeast Asia, meanwhile, is on track to become a $1 trillion digital economy by 2030.<\/p>\n","protected":false},"excerpt":{"rendered":"
US-based investment firm Sequoia Capital is reportedly raising new funds worth $2.25 billion from potential VCs in the funding winter. The firm is working on a new $1.5 billion US growth fund focused on more mature companies, reports The Information. The investment firm is also planning “a $750 million fund focused on earlier-stage deals,” and […]<\/p>\n","protected":false},"author":1,"featured_media":277815,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-277810","post","type-post","status-publish","format-standard","has-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts\/277810","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/comments?post=277810"}],"version-history":[{"count":0,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts\/277810\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/media\/277815"}],"wp:attachment":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/media?parent=277810"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/categories?post=277810"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/tags?post=277810"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}