VC firms continue to raise big money, even as the tech sector struggles.
Khosla Ventures is raising nearly $3 billion for new funds, according to regulatory filings.U.S. venture capital firms continue to raise huge amounts of cash, even as the broader tech sector has shrunk.
U.S. venture capital firms raised $162.2 billion for new funds last year, which was an all-time record. The actual number of new funds was down from 2021, however, reflecting how dollars are being consolidated by larger firms.Details: Khosla Ventures plans to raise $1.5 billion for its eighth flagship fund, $1 billion for its second opportunities fund and $400 million for its latest seed fund.
The firm was founded in 2004 by Vinoid Khosla, the co-founder of Sun Microsystems who subsequently served as a partner with VC firm Kleiner Perkins.
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