Peter Thiel’s Valar Ventures targets $350M for new funds

Peter Thiel’s Valar Ventures targets $350M for new funds

5 years ago
Anonymous $L9wC17otzH

https://techcrunch.com/2019/01/14/peter-thiels-valar-ventures-targets-350m-for-new-funds/

Valar Ventures, one of the three venture funds co-founded by Peter Thiel, has filed paperwork with the U.S. Securities and Exchange Commission to raise $350 million across two new funds. The PayPal co-founder and billionaire investor in Facebook and SpaceX is also behind Founders Fund and Mithril Capital Management.

Valar, a New York-based firm, plans to raise $150 million for its fifth flagship venture fund and an additional $200 million for its first opportunity fund, presumably for follow-on investments in its most high-growth investments, according to the documents.