Spidits
Funding

Benchmark raises its first-ever growth fund as part of $2B capital haul

Summary

The legendary Silicon Valley VC firm abandons its more than 20-year tradition of keeping its funds to about $425 million.

Why It Matters

Signals increasing investor interest and capital allocation in AI startups.

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Benchmark raises its first-ever growth fund as part of $2B capital haul | AI Timeline | Spidits | Spidits