Founders Fund Closes $1BN Fund

Published On March 6, 2014 |

founders fundVc firm Founders Fund closed a $1 billion fifth suite of funds.

Founders Fund V will be led by partners Ken Howery, Luke Nosek, Brian Singerman, Peter Thiel, Lauren Gross, Geoff Lewis, and Scott Nolan.

Founded in 2005, Founders Fund has raised over $2 billion and invested in a wide variety of sectors, including aerospace, artificial intelligence, advanced computing, energy, health, and consumer Internet and Founders Fund V will continue to follow the same strategy.

Its portfolio includes Airbnb, Counsyl, Knewton, Lyft, Oculus, SolarCity, Spotify, Stripe, and ZocDoc. Recent exits include The Climate Corporation, DeepMind, and Yammer.

FinSMEs

06/03/2014

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