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Kleiner Perkins Raises $750 Million for New Investment Fund - Bloomberg

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Kleiner Perkins Raises $750 Million for New Investment Fund

Venture firm will again make more growth-stage investments
Kleiner also has $700 million early stage venture fund

The Kleiner Perkins investment team. — The Kleiner Perkins investment team.
Photographer: Kleiner Perkins

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By Katie Roof

April 19, 2021 at 9:12 PM EDT

This article is for subscribers only.

Silicon Valley venture capital firm Kleiner Perkins said it has raised a new $750 million fund to make more growth-stage startup investments.

The Kleiner Perkins Select fund will invest in mid-stage startups in a category known as early growth. Some of the investments will be follow-on financing for Kleiner’s existing portfolio companies while others will be new.

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