Peter Thiel’s Founders Fund raises $4.6 billion to back growth-stage startups

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Peter Thiel’s venture capital firm, Founders Fund, has secured $4.6 billion for its latest growth-stage vehicle, signalling a renewed push into later-stage startups with a focus on artificial intelligence, defence technologies, and advanced manufacturing.

The fund—named Founders Fund Growth III—has attracted commitments from 270 investors, according to a recent filing with the US Securities and Exchange Commission. Alongside Thiel, long-time partners Napoleon Ta and Trae Stephens are listed as directors of the fund.

Founded in 2005, Founders Fund…



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Peter Thiel’s Founders Fund raises $4.6 billion to back growth-stage startups


Peter Thiel’s venture capital firm, Founders Fund, has secured $4.6 billion for its latest growth-stage vehicle, signalling a renewed push into later-stage startups with a focus on artificial intelligence, defence technologies, and advanced manufacturing.

The fund—named Founders Fund Growth III—has attracted commitments from 270 investors, according to a recent filing with the US Securities and Exchange Commission. Alongside Thiel, long-time partners Napoleon Ta and Trae Stephens are listed as directors of the fund.

Founded in 2005, Founders Fund…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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