After last month’s news New York’s hottest venture firm, ThriveHaving just raised $10 billion for a new fund – its largest ever, double the previous fund – another big-name VC firm is attempting to match that fund. General Catalyst is in talks to raise $10 billion from unnamed sources Tell Bloomberg. The firm, which has reinvented itself as a comprehensive financial services company, had a few years ago raised $8 billion in 2024.
Meanwhile, Spark Capital is trying to raise $3 billion, sources said InformationWhich will also be a big boost from its previous funds. And, as TechCrunch just reported exclusively, Founders Fund to close new $6 billion fundVery.
It all follows Andreessen Horowitz $15 billion in new funding announced In January.
Venture firms were already seated Record quantity of so-called dry powderThe money is available at the end of 2025 but has not yet been invested, according to year-end reports from PitchBook and the National Venture Capital Association. But 2026 is already shaping up to be a year of bigger and more, at least for venture firms with name recognition and deep portfolios.
The clear prediction is that VCs have plenty of money to fuel Seed-stage AI startup with huge opening round And evaluation. Record breaking funding round This will likely remain the new normal for startups (as long as they are AI) until 2026.
