Bloomberg: General Catalyst plans to raise approximately $10 billion to compete with a16z

SmartContractAuditor · 2026-03-12T11:48:17+00:00

Venture capital firm General Catalyst is discussing a new fundraising round of approximately $10 billion, with funds allocated to early-stage and growth funds. The firm is expanding its investment scope, and successful fundraising would significantly enhance its capital strength and strengthen competition with other major institutions.

SmartContractAuditor

2026-03-12 11:48:17

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Odaily Planet Daily reports that venture capital firm General Catalyst is in discussions with investors for a new fundraising round of approximately $10 billion. Sources say the funds are intended for multiple investment vehicles, including early-stage venture funds and growth funds. The negotiations are still in the early stages, and the final fundraising amount may be adjusted. General Catalyst has previously invested in several cryptocurrency and blockchain companies. In recent years, the firm has gradually expanded from traditional venture capital into broader financial platforms and increased investments in financial services and related sectors. If this round is successful, General Catalyst’s capital strength will be significantly enhanced, and it may compete with a16z to further solidify its position among major U.S. venture capital firms. (Bloomberg)

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