Topic: fundraising rounds
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VC Giants General Catalyst, Spark Eye Billions in New Mega-Funds
Major venture capital firms like General Catalyst and Founders Fund are raising unprecedented funds, signaling a trend toward increasingly massive capital pools in the industry. This fundraising surge is occurring despite venture firms already holding a record amount of uninvested capital, or "dr...
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Kalshi, Polymarket CEOs invest $35M in predictions market fund
The CEOs of rival prediction market platforms Kalshi and Polymarket are jointly investing in a new $35 million venture fund, 5(c) Capital, dedicated to the broader prediction market ecosystem. The fund will invest in roughly 20 companies, focusing on infrastructure like market makers and index de...
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