{"id":4580,"date":"2025-02-11T23:44:12","date_gmt":"2025-02-11T23:44:12","guid":{"rendered":"https:\/\/fusionmindlabs.com\/blogs\/founders-fund-closes-3b-fund\/"},"modified":"2025-02-11T23:44:12","modified_gmt":"2025-02-11T23:44:12","slug":"founders-fund-closes-3b-fund","status":"publish","type":"post","link":"https:\/\/fusionmindlabs.com\/blogs\/founders-fund-closes-3b-fund\/","title":{"rendered":"Founders Fund Closes $3B Fund"},"content":{"rendered":"\n<\/p>\n<div>\n<p id=\"speakable-summary\" class=\"wp-block-paragraph\">Founders Fund is poised to wrap up its third growth fund by the end of March, according to individuals close to the firm. The Peter Thiel-founded organization is raising $3 billion, a source informed TechCrunch and Axios also reported.<\/p>\n<p class=\"wp-block-paragraph\">The fund, which is primarily intended for additional investments in its successful late-stage portfolio companies, is expected to be substantially oversubscribed.<\/p>\n<p class=\"wp-block-paragraph\">Founders Fund\u2019s previous $3.4 billion growth fund closed in early 2022 and is fully invested in companies like Rippling, which raised $200 million in April. The organization is also leading Anduril\u2019s most recent raise, on track for a round of up to $2.5 billion at a valuation of $28 billion, CNBC reported. Sources confirmed to TechCrunch that its share will be the largest check Founders Fund has ever written. It&#8217;s unclear whether the firm&#8217;s reported $1 billion investment in Anduril would be part of the 2022 $3.4 billion fund.<\/p>\n<p class=\"wp-block-paragraph\">The firm will not be raising a ninth core fund for early-stage companies because it was essentially already raised three years ago. Founders Fund reportedly reduced the size of its eighth venture capital fund of about $1.8 billion in half in 2023, Axios reported. The remaining $900 million was allocated to the firm\u2019s core ninth fund.<\/p>\n<p class=\"wp-block-paragraph\">That&#8217;s one reason why there&#8217;s so much excitement for this new growth fund. While most multi-stage venture firms are raising larger funds, or at least attempting to maintain their peak ZIRP-era sizes, Founders Fund is limiting its fund sizes.<\/p>\n<p class=\"wp-block-paragraph\">Investors have a compelling reason to invest. Founders Fund boasts a magnificent portfolio of growth companies, which include Anduril and SpaceX but also Stripe, OpenAI, and Figma.<\/p>\n<p class=\"wp-block-paragraph\">Founders Fund declined to comment.<\/p>\n<\/div>\n\n<br \/><a href=\"https:\/\/techcrunch.com\/2025\/02\/11\/founders-fund-is-about-to-close-another-3b-fund\/\" rel=\"nofollow noopener\" target=\"_blank\">Source Link<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Founders Fund is poised to wrap up its third growth fund by the end of March, according to individuals close to the firm. The Peter Thiel-founded organization is raising $3&#8230;<\/p>\n","protected":false},"author":0,"featured_media":4581,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[341,1309,344],"class_list":["post-4580","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news","tag-founders-fund","tag-growth-funding","tag-peter-thiel"],"jetpack_featured_media_url":"https:\/\/fusionmindlabs.com\/blogs\/wp-content\/uploads\/sites\/9\/2025\/02\/gettyimages-464620606.jpg","_links":{"self":[{"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/posts\/4580","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/comments?post=4580"}],"version-history":[{"count":0,"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/posts\/4580\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/media\/4581"}],"wp:attachment":[{"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/media?parent=4580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/categories?post=4580"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/tags?post=4580"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}