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Founders Fund is about to close another $3B fund


Founders Fund is on track to conclude fundraising of its third growth fund at the end of March, according to people close to the firm. The Peter

The Peter Thiel-founded outfit is raising $3 billion, a source told TechCrunch and Axios also reported. The fund, which is intended primarily for additional investments in its successful late-stage portfolio companies, is expected to be significantly oversubscribed. Founders Fund has an enviable portfolio of growth companies which not only includes Anduril and SpaceX but Stripe, OpenAI, and Figma.

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