US venture capital firm General Catalyst raises $8bn for global early-stage startup investments.

General Catalyst, a US venture capital firm, has secured $8 billion to enhance its global investment in early-stage startups. With a focus on sectors like AI, healthcare, and fintech, the firm will allocate $4.5 billion to core funds, $1.5 billion for startup creation, and $2 billion for separate accounts. General Catalyst aims to expand its reach in the US, Europe, and India, and currently manages about $25 billion in total assets.

October 24, 2024
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