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Khosla Ventures , a house screw for early investing inOpenAI , is raising $ 3.5 billion across three funds , TheWall Street Journalreported . That aim is 17 % larger than the firm ’s late 2023 fund haul of$3 billion .
About half of the Modern capital will be allocated to its 9th effect venture investment trust . The stay on money will be divided between a $ 1.1 billion growth fund for later - phase startup and a $ 650 million seeded player - stagecoach focused fund .
Khosla Ventures declined to comment on its raw fundraise .
The firm , which was founded by Sun Microsystems co - laminitis Vinod Khosla in 2004 , has five handle directors , including Keith Rabois , who rejoined the firm after spendingfive yearsas a universal partner in Founders Fund . During hisfirst stintin Khosla Ventures , Rabois was an former investor in DoorDash , Affirm , Stripe , and Faire .
Khosla Ventures ’ initial $ 50 million check in OpenAI has corrupt it a5 % stakein the profit - subdivision of the society , which isreportedly raisinga $ 40 billion funding round at a $ 340 billion rating .
