Sequoia Capital reportedly raising two funds, and despite slower VC environment, it’s not alone

Venture capital investments may be slower, but that seems to be giving venture capital firms some time to go out and raise funds of their own.
Sequoia Capital is the latest to reportedly be raising two new U.S.-focused funds, valued at up to $2.25 billion, The Information reported earlier this week.
The publication reported that Menlo Park-based Sequoia is looking at $1.5 billion for a U.S. growth fund focused on later-stage companies and a $750 million fund targeting earlier-stage startups. Those funds are expected to close in July.
This news comes out just over a month after the venture capi

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