Founders Fund raises $6 billion in new funds, marking its largest fundraising since its inception.

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MarsBit
05-03
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According to Mars Finance, market sources indicate that Founders Fund, co-founded by billionaire Peter Thiel, has completed a new round of fundraising for its flagship fund, raising $6 billion, far exceeding its previous fund of approximately $3.4 billion. Sources familiar with the matter say the fund will focus on high-growth sectors such as AI, defense technology, cryptocurrency, aerospace, and cutting-edge technologies. The report states that despite the overall sluggishness of the Silicon Valley VC market, Founders Fund has still attracted significant institutional investment, reflecting continued market optimism regarding AI and hard technology. The firm has previously invested in well-known companies such as SpaceX, Palantir Technologies, Stripe, and Facebook.

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