Funders Fund is about to conclude another 3 billion dollars funds

Founders Fund is on the right track to conclude the fundraising of its third growth fund at the end of March, according to people close to the company. The outfit based on Peter Thiel collects $ 3 billion, said a source in Techcrunch and Axios also reported.

The fund, which is mainly intended for additional investments in its successful advanced portfolio companies, should be considerably overwritten.

Previous of the founding fund Growth fund of $ 3.4 billion closed at the beginning of 2022 and is entirely invested in companies such as bilpling, which raised $ 200 million in April. Founders Fund also directs the new increase in Andundil, on the right track to reach a cycle up to $ 2.5 billion to an evaluation of $ 28 billion, CNBC reported. Sources Confirmed in Techcrunch that its share will be the largest fund of the founders of checks has ever written. We don’t know if the cabinet said $ 1 billion in investment In Anduril would be out of this 3.4 billion dollars fund in 2022.

The company will not bring a ninth basic fund for businesses in the start -up phase, as it was essentially already lifted three years ago. The founders’ fund would have reduced the size of its eighth venture capital fund by around $ 1.8 billion in 2023, Axios reported. The remaining $ 900 million was pushed into the company’s ninth basic fund.

This is one of the reasons why there is so much excitement for this new growth fund. While most of the venture capital companies on several floors collect larger funds, or at least Try to maintain Their peak sizes of the Zirp era, Founders Fund limits the size of its funds.

Investors have reasons to want. Funders Fund has an enviable portfolio of growing companies which includes not only Andundil and SpaceX, but Stripe, Openai and Figma.

The Founders’ Fund refused to comment.