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876 Benchmark Raises $1.25 Billion Fund to Back Mature Startups

The Information
Julia Hornstein @ The Information · 06/03/2026 20:12 EDT

Benchmark has raised two new funds, one of which will invest in later-stage startups, breaking with the firm’s tradition of exclusively backing early-stage companies. The firm will invest in those more mature companies through a $1.25 billion fund and earlier ones through a $750 million fund, ...

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