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Khosla Ventures Nears $3B For Funds Even As Venture Slows

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Khosla Ventures, the firm that's backed such companies as OpenAI, DoorDash and Block, is closing in on raising $3 billion across a trio of funds.
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Khosla Ventures, the firm which has backed such companies as OpenAI, DoorDash and Block, is closing in on raising $3 billion across a trio of funds even as the venture market continues its slowdown, per a report in The Wall Street Journal.

Khosla will raise $500 million for a seed fund and $1.6 billion for its main fund to back startups. Both amounts are bigger than their predecessors raised in 2021 that totaled $1.4 billion, per the report.

The firm is also raising a $900 million growth fund to back larger startups, up from $550 million from its last fundraise. Many of…
Chris Metinko
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