Venture capital firms General Catalyst and Spark Capital are reportedly raising massive new funds of $10 billion and $3 billion respectively, continuing a trend of mega-fund formations in the VC industry. This signals renewed investor confidence and substantial capital availability for startups despite recent market volatility. The fundraising activity follows similar large fund closures by other prominent venture firms.
Background
Venture capital mega-funds saw a slowdown during the 2023-2024 market downturn as investors became more cautious about large-scale tech investments. The return of billion-dollar fundraises indicates shifting market sentiment and renewed appetite for backing technology companies at scale.
- Source
- TechCrunch
- Published
- Mar 12, 2026 at 01:53 AM
- Score
- 5.0 / 10