According to Bloomberg, Founders Fund Growth IV, the fourth growth-stage fund from Peter Thiel’s Founders Fund, has raised $6 billion to invest in late-stage companies—the largest fundraising in the firm’s history. Of this amount, $4.5 billion came from limited partners (LPs), including sovereign wealth funds, and the remaining $1.5 billion came from Founders Fund’s senior leadership and employees, including Peter Thiel himself.
Founders Fund Completes $6 Billion Raise for Growth Fund IV
TechFlowShare
Summary
Founders Fund Growth IV has closed at $6 billion, the firm’s largest fund to date. The capital includes $4.5 billion from sovereign wealth funds and $1.5 billion from executives and employees. The fund will focus on late-stage investments, with an emphasis on ecosystem growth. On-chain data shows continued interest in venture capital backing. Peter Thiel and other insiders made significant contributions to the fundraising.
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