Venture capital firm General Catalyst seeks to raise approximately $10 billion

Gate News reports that on March 12, venture capital firm General Catalyst is in discussions with investors about a new fundraising round of approximately $10 billion. Sources say the funds are intended to be allocated across 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 round of fundraising is successful, General Catalyst’s capital strength will be significantly enhanced, potentially allowing it to compete with well-known venture capital firms and further solidify its position among major U.S. venture capital institutions.

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