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Sequoia unveils $950M in new early-stage funds as it strives to be ‘only as good as our next investment’

Despite the ongoing buzz around a potential AI bubble, Sequoia Capital is doubling down on its core philosophy. The firm remains unfazed by market hype, focusing instead on identifying visionary founders who can build enduring businesses. In a move that underscores this commitment, Sequoia unveils $950M in new early-stage funds as it strives to be ‘only as good as our next investment.’

Image Credits:Sequoia Capital

Sequoia doubles down on early-stage startups

The new investment package includes two major funds:

• $750 million early-stage fund targeting Series A startups.

• $200 million seed fund for the earliest-stage founders.

These nearly mirror the fund sizes launched about three years ago—proof that Sequoia is staying the course, not chasing market trends.

“Markets go up and down, but our strategy remains consistent,” said Bogomil Balkansky, partner at Sequoia’s early-stage investment team. “We’re always looking for outlier founders with ideas to build generational businesses.”

A comeback after a turbulent chapter

The announcement follows a few rocky years for the storied venture capital firm. In 2021, Sequoia restructured into an evergreen main fund supported by multiple strategy-specific sub-funds—a model designed to hold equity in its portfolio companies long after they go public.

But the firm faced major setbacks soon after. The FTX collapse in late 2022 cost Sequoia more than $200 million, and the 2023 split from its India and China divisions marked a significant transition period.

Now, with the fresh $950 million in early-stage funds, Sequoia is signaling a confident return to its roots.

Returning to its core mission

Sequoia’s track record speaks for itself. It backed Airbnb, Google, Nvidia, and Stripe long before they became household names. The new funds reinforce its ongoing mission to support the next generation of iconic founders.

“Our ambition has always been and continues to be to identify these founders as early as possible,” Balkansky said. “We roll up our sleeves and become very active participants in their company-building journey.”

Betting early in the AI era

While AI valuations have soared in 2025, Sequoia insists that its disciplined, founder-first approach will prevail. The firm plans to use its $950M in new early-stage funds to invest in promising AI and tech startups—at the beginning of their journeys—before valuations reach stratospheric levels.

This strategy not only allows Sequoia to secure lower entry prices but also helps it maintain a meaningful ownership stake in the companies it believes will define the next decade.

A long-term view in a hype-driven market

Sequoia’s message is clear: while the rest of the venture capital world may chase AI trends, it’s focused on durable innovation and authentic founder relationships.

By unveiling $950 million in new early-stage funds, Sequoia reinforces its belief that long-term conviction—not hype—creates lasting impact.