Focus VC & Startups: General Catalyst Nears $6bn Fundraise amid VC Fundraising Drought

Focus VC & Startups

General Catalyst Nears $6bn Fundraise amid VC Fundraising Drought (4 minutes read)

General Catalyst is nearing the completion of a nearly $6bn fundraising effort, primarily for tech startups. The venture capital firm, known for early backing of companies like Stripe, Snap, and Mistral, plans to invest across defense, space, fintech, climate and healthcare sectors in the US, Europe and India. This comes amid a wider fundraising crunch, doubling down on its unorthodox approach, targeting even sectors with well-established incumbents.

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