Sequoia injects $195 million into an ever-eager seed environment

Sequoia Capital, a storied venture capital firm, announced today that it has launched a $195 million dedicated seed fund, its fifth. The vehicle will be used to back founders across the United States and Europe; the capital will also be used to invest in future cohorts or its Arc program, an internal Sequoia initiative that invests between $500,000 and $1 million into rising founders across the world and that’s currently accepting applications.
The capital comes as the pre-seed and seed world, already a growing part of the startup ecosystem, becomes even more attractive to investors who

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