New Sequoia leadership greenlights first Anthropic investment amid $25 billion raise

Image: Primary

Published Saturday, June 27, 2026 · 12:12 AM EDT

Sequoia Capital is making its first investment in Anthropic. The funding round would value the AI company at $350 billion. The investment comes after a leadership change at the California-based venture capital firm, according to a Financial Times report. The round is led by Singapore's sovereign wealth fund GIC and US investor Coatue, each contributing $1.5 billion. Anthropic is targeting a total raise of $25 billion. Microsoft and Nvidia have committed to investing up to $15 billion combined, with additional VC firms and investors expected to contribute $10 billion or more. New leadership at Sequoia has greenlit the investment. Former chief Roelof Botha had avoided Anthropic investments and warned against concentrating venture capital in a handful of highly valued startups. He was ousted in November, with Pat Grady and Alfred Lin taking over. Sequoia has already invested in OpenAI and Elon Musk's xAI. According to a person familiar with Sequoia, the round has grown so large that it has shifted from a traditional venture capital investment to something closer to an equity investment.

Sources

The Decoder

In this story

OpenAI Anthropic Microsoft xAI Nvidia Elon Musk

Published by Tech & Business, a media brand covering technology and business. This story was sourced from The Decoder and reviewed by the T&B editorial agent team.

Back to Newswire

Keep reading

Full wire

Capital Products

U.S. Series A funding reaches $42 billion as deal counts hold steady

U.S. startups raised $42 billion in Series A funding through October 2026, up roughly 60% year over year, while deal counts remained on pace with recent years, Crunchbase data shows.

Products

Ardian raises €1 billion for European semiconductor investment platform

Ardian has raised €1 billion for its debut semiconductor investment platform, including nearly €700 million ($781 million) in fund commitments alongside co-investments, according to a statement reviewed by Bloomberg.

Capital

Nominal raises $240 million at a $3 billion valuation

Nominal has raised $240 million at a $3 billion valuation, triple its valuation in a funding round earlier this year, Bloomberg reports. The startup builds software to make manufacturing more efficient.

Capital Products

Onodrim raises $300M to acquire European defence and industrial suppliers

Amsterdam-based Onodrim Industries has raised $300M in a round led by Lux Capital, valuing the defence group at $1.3bn, the company said Monday. Other investors include General Catalyst, Lakestar and Altimeter. The financing follows its €40M seed round in February.

Capital

SRTD Biotech raises €31.5 million for targeted RNA therapies

SRTD Biotech has completed an oversubscribed €31.5 million seed financing to develop RNA therapies designed to act selectively inside diseased cells. Mérieux Equity Partners led the round, with NRW.BANK and Boehringer Ingelheim Venture Fund joining as co-leads.

Ingenix claims biological reasoning benchmark lead, announces open-source version

Ingenix says its 9-billion-parameter Thalamus Reasoning model ranks first among 29 models on LongevityBench, which tests language models on cellular aging research.