Silicon Valley-based Sequoia Capital said it has raised over $4 billion for venture and growth funds in the United States, China, India and around the world.
According to the tech-focused venture capital firm’s SEC filings last week, the new funding includes nearly $2 billion for its second growth fund from 104 LPs. Sequoia Capital Global Growth Fund II was unveiled in 2015 without a target.
Additionally, two separate filings showed a new focus for investments in emerging markets, particularly the Asian powerhouses of China and India. Sequoia’s China Growth Fund IV, announced early last year, raised $900 million from 110 LPs to invest in startups in the world’s most populous country. Sequoia Capital India IV, launched in 2014, revealed $700 million in new funding from 85 LPs to pursue prospects in the world’s largest democracy.
Among the filings was Sequoia’s fourteenth U.S. fund, which dropped its first filing in 2012 and followed up in 2013 with an announcement of $475 million in capital raised. While the filings indicate Sequoia Capital U.S. Venture Fund XIV has not grown in four years, the fact that the fund is not closed suggests that the firm could look to raise more capital. The new filing includes Doug Leone as signatory instead of Jim Goetz, who stepped back from managerial duties earlier this year.