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Founders Fund nears $6B close for latest growth fund, sources say

Publisher description: The fresh fundraise comes less than a year after Founders Fund closed its third growth fund, a $4.6 billion vehicle intended primarily for follow-on investments in its successful late-stage companies.

TechCrunch | Mar 10, 2026 | Marina Temkin

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Peter Thiel’s Founders Fund is nearing the close of its fourth growth fund, Founders Fund Growth IV, with $6 billion in capital commitments, per sources close to the firm. Although Founders Fund is aggressively raising growth capital, the firm has not raised a new early-stage fund since early 2022, when it announced its eighth early-stage fund with $1. 8 billion in capital commitments. Founders Fund reallocated the remaining $900 million into a separate early-stage fund that officially launched last October, according to a regulatory filing.

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