Gate News Report, March 12 — According to Bloomberg, venture capital firm General Catalyst is in discussions with investors for a new funding round of approximately $10 billion. Sources familiar with the matter 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 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, positioning it to compete with major venture firms like a16z.
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