Sequoia Capital
Coverage of Sequoia Capital in the Nexus archive.
- How six venture capital giants are reshaping startup financing
Six venture capital firms—Andreessen Horowitz, Sequoia Capital, Thrive Capital, Lightspeed Venture Partners, Founders Fund, and General Catalyst—now raise more capital than all other U.S. venture firms combined, driven by AI startup demands, private company retention, and institutional investor preferences. These firms offer entrepreneurs resources like advisers and recruiting support but also impose high expectations for rapid scaling and large returns, prompting some founders to seek smaller, more flexible investors.
- Prediction Market Kalshi Eyes IPO as Revenue Hits $2 Billion
Kalshi, a U.S. prediction market platform, is in early-stage IPO discussions after annualized revenue surged to $2 billion, driven by increased trading volumes and a $1 billion Series F funding round at a $22 billion valuation. The company dominates 90% of the U.S. market and plans institutional expansion ahead of a potential 2027–2028 IPO.
- SpaceX added a former Sequoia Capital partner to its board days after its record IPO
SpaceX added a former Sequoia Capital partner to its board following a record IPO. The individual will also serve on SpaceX's audit committee.
- Roelof Botha joins SpaceX’s board of directors
Roelof Botha, a former Sequoia Capital leader, has joined SpaceX's board of directors to fill an existing vacancy. This follows SpaceX's recent initial public offering (IPO), which was the largest in history.
- PayPal Mafia member and ex-Sequoia steward Roelof Botha joins SpaceX board—reuniting with Elon Musk after decades
Roelof Botha, former Sequoia Capital steward, joined SpaceX's board, reuniting with Elon Musk. Botha, known for backing companies like YouTube and Instagram, previously worked with Musk at PayPal and has maintained a long-term professional relationship. The move follows SpaceX's recent IPO.
- Factory CEO says he bought each of his 30 employees a $3,000 cooling mattress cover so 'they'll be sharper' at work
Factory CEO Matan Grinberg purchased $3,000 Eight Sleep cooling mattress covers for 30 employees to enhance productivity and focus. The startup, which has grown to 120 employees and raised $150 million, uses the tech to optimize sleep quality, comparing employees to athletes needing rest for peak performance.
- Notion takes a quiet approach to designing AI features: ‘You can’t have every new tool screaming at you’
Notion is adopting a restrained design strategy for its AI features, integrating them subtly into existing workflows rather than prominent interfaces. The company introduced AI capabilities in 2023, including summarization, translation, and personal agents, while maintaining its minimalist philosophy. Notion now has over 100 million users, $500 million in annual revenue, and recently secured a $270 million investment led by GIC, valuing it at $11 billion.
- Anthropic hits $965B valuation with latest funding round, overtaking OpenAI
Anthropic raised $65 billion from investors at a $965 billion valuation in its latest funding round, surpassing OpenAI's valuation. The round was led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital.
- Anthropic overtakes OpenAI as the most valuable AI startup
Anthropic raised $65 billion in a Series H funding round, achieving a $965 billion valuation and surpassing OpenAI's $730 billion valuation. The funding, led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital, includes $15 billion in prior hyperscaler commitments, with Amazon contributing $5 billion. Anthropic plans to use the funds for safety research, compute expansion, and scaling its Claude products.
- Hegseth names investor who made anti-Islam remarks about Mamdani to Pentagon tech board
The Defense Department appointed Shaun Maguire, a venture capitalist accused of making Islamophobic remarks targeting New York City Mayor Zohran Mamdani, to its Science, Technology and Innovation Board. Defense Secretary Pete Hegseth named Maguire, a partner at Sequoia Capital, alongside 32 other appointees.
- Anthropic vaults to a $965 billion valuation with new funding as Claude demand surges
Anthropic raised $65 billion in private funding, pushing its valuation to $965 billion and surpassing OpenAI in market value and revenue. The company reported $47 billion in annualized revenue and launched a new AI model, Claude Opus 4.8, while facing legal challenges with the Trump administration over AI use in warfare.
- Turnkey raises $12.5 million in round backed by Circle Ventures and Sequoia Capital
Turnkey raised $12.5 million in a funding round backed by Circle Ventures and Sequoia Capital. This investment will likely support Turnkey's growth and expansion plans. The funding round demonstrates investor confidence in Turnkey's potential.
- Parallel Web Systems hits $2B valuation five months after its last big raise
Parallel Web Systems, an AI agent-tool startup founded by former Twitter CEO Parag Agrawal, has reached a $2 billion valuation after raising $100 million led by Sequoia Capital, just months after a previous $100 million funding round.
- Sequoia and Nvidia Back Ex-DeepMind Researcher’s New AI Startup at $5.1 Billion Value
Sequoia Capital and Nvidia have invested in a new AI startup founded by a former DeepMind researcher, valuing the company at $5.1 billion. The startup's high valuation highlights significant investor confidence in AI innovation and the credibility of its ex-DeepMind leadership.
- Kalshi CEO Tarek Mansour To Speak at Bitcoin 2026 Conference on Prediction Markets and BTC
Kalshi CEO Tarek Mansour will speak at Bitcoin 2026 in Las Vegas, discussing prediction markets and Bitcoin's role in regulated financial infrastructure. Kalshi, a federally regulated prediction market platform, has raised $300 million at a $5 billion valuation and processes $50 billion in annualized trading volume.
- New leaders, new fund: Sequoia has raised $7B to expand its AI bets
Sequoia Capital has raised $7 billion to expand its artificial intelligence investments, marking the firm's first major capital raise under new co-stewards Alfred Lin and Pat Grady.