Khosla Ventures, founded in 2004 by Vinod Khosla, is in the process of raising $3.5 billion across three funds, 17% more than its previous $3 billion raise. Half of this new capital will be directed to a ninth core venture fund, with the remainder allocated to a $1.1 billion growth fund for later-stage startups and a $650 million fund focused on seed-stage ventures. The firm is noted for its early investment in OpenAI and has notable figures like Keith Rabois involved.
Khosla Ventures is raising $3.5 billion across three funds, which is a 17% increase from their previous fund in 2023.
The new funds will include half for their ninth core venture fund, and the rest divided between a growth fund and a seed-stage fund.
Founded by Sun Microsystems co-founder Vinod Khosla in 2004, the firm has backed notable startups like DoorDash and Affirm.
With a $50 million investment in OpenAI, Khosla Ventures secured a 5% stake in its profitable arm amid a significant valuation increase.
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