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$950M Sequoia Capital Fund Aims To Back Next Amazon Of AI Era With Early-Stage Startup Investments Across Globe
Yahoo Finance·2025-11-02 22:31

Sequoia Capital announced on Monday two new early-stage funds worth a combined 950million,aimedatbackingyoungstartupsworldwidebuildingtechnologiesthatcouldevolveintothenextAmazon(NASDAQ:AMZN)oftheAIera.Thenewfundsincludea950 million, aimed at backing young startups worldwide building technologies that could evolve into the next Amazon (NASDAQ:AMZN) of the AI era. The new funds include a 750 million venture vehicle for Series A companies and a $200 million seed fund, according to TechCrunch. The launch comes amid an industry-wide rush toward artificial intelligence and follows two turbulent years for the firm. Sequoia Capital Partner Bogomil Ba ...