General Catalyst Plans to Raise Approximately $10 Billion to Compete with A16z

MarsBitNews · 2026-03-12T11:49:19+00:00

The venture capital firm General Catalyst is in discussions with investors regarding a new fundraising round of approximately $10 billion, with capital to be allocated across early-stage and growth funds. The firm is expanding its investment scope, and if the fundraising is successful, it will enhance its capital strength and potentially compete with a16z.

MarsBitNews

2026-03-12 11:49:19

Abstract generation in progress

Mars Finance 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 been gradually expanding from traditional venture capital into broader financial platforms and increasing investments in financial services and related sectors. If this fundraising 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.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.