Key facts
- Benchmark has raised $2 billion for new venture capital funds.
- The funding includes a $1 billion early-stage fund.
- The funding also includes a $1 billion growth-stage fund.
Venture capital firm Benchmark has announced the successful closure of two new funds, amassing a total of $2 billion. This significant capital raise is divided equally between an early-stage fund and a growth-stage fund, with each targeting $1 billion. The firm will deploy these funds to invest in emerging companies and support the expansion of established ones within its portfolio.