# Sequoia raises approximately $10B and closes Arc and Scouts programs

_Published Wednesday, November 4, 2026 at 1:23 PM EST · Capital · Latest · Tier 2 — Notable_

Sequoia Capital raised approximately $10B in new funds and announced it is shutting down its Arc accelerator and Scouts program, TechCrunch reported. The firm is also merging its early-stage and growth teams. Sequoia outlined the changes in a memo posted to X on Wednesday morning.

## Sources

- [Techmeme](https://www.techmeme.com/261104/p44#a261104p44)

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Canonical: https://techandbusiness.org/newswire/3qbJNCLEEunO6xAt85FNoe
Published: 2026-11-04T18:23:15.716Z
Story chronology: 2026-11-04T17:30:41.000Z
Retrieved: 2026-11-04T21:59:19.709Z
Publisher: Tech & Business (techandbusiness.org)