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Benchmark raises $2 billion for new VC funds
Both funds are major departures from historical precedent.
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techcrunch.com
Benchmark raises its first-ever growth fund as part of $2B capital raise | TechCrunch
The legendary abandons its more than 20 year tradition of keeping its funds to about $425 million.
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cryptobriefing.com
Benchmark raises two new funds totaling $2 billion, shifts focus to mature startups
Benchmark raised approximately $2 billion across two new funds, including its first-ever $1.25 billion growth fund targeting mature startups after Cerebras
