General Catalyst, a leading US venture capital firm, has announced an influx of $8 billion in fresh funds to support early-stage startups globally. The funding will focus on multi-sector investments in the US, Europe, and India, with a specific emphasis on AI, defense, climate, energy, industrials, healthcare, and fintech. This announcement marks one of the largest funds raised by a US VC firm since 2022.

Source: https://techcrunch.com/2024/10/24/general-catalyst-raises-8b-in-fresh-funds-to-back-startups-globally/