Saturday, 25 January, 2025

Madrona Ventures Secures Record $770M Fund Amid Industry Downsizing

Madrona Ventures has raised its largest fund to date, closing at $770 million, defying trends of shrinking venture capital funds. This new fund aims to support early-stage startups and fuel growth in innovation-driven sectors like AI, cloud computing, and Web3 technologies. Madrona’s bold move signals confidence in the long-term potential of the tech ecosystem, setting a positive tone as other VC firms scale back their fundraising efforts.