General Catalyst aims to raise approximately $10 billion to compete with a16z.
TechFlame
2026-03-12 11:39
TechFlame2026-03-12 11:39
English
TechFlame reports that venture capital firm General Catalyst is in discussions with investors regarding a new fundraising round, targeting approximately $100 billion. According to informed sources, the capital is intended to be allocated across multiple investment vehicles, including early-stage venture capital funds and growth funds. The negotiations are currently in their preliminary stages, and the final fundraising amount may still be adjusted. General Catalyst has previously invested in several cryptocurrency and blockchain companies. In recent years, the firm has been gradually expanding from a traditional venture capital model to a broader financial platform, increasing its investments in areas such as financial services. If this fundraising round is successfully completed, General Catalyst's capital strength will be significantly enhanced, positioning it to compete with a16z and further solidify its standing among major U.S. venture capital firms.