$950M Sequoia Capital Fund Aims To Back Next Amazon Of AI Era With Early-Stage Startup Investments Across Globe
Sequoia Capital announced on Monday two new early-stage funds worth a combined $950 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,