# Founders Fund closed a $6 billion growth fund, its largest ever, less than a year after its predecessor was spent in under twelve months.

*business · news · 2026-05-01 · TNW*

## Key points

- Founders Fund closed a $6 billion growth fund, its largest and fastest-raised to date.
- The prior $4.6 billion fund was spent in under twelve months, backing only seven companies.
- Founders Fund invested $1.25 billion in Anthropic and $1 billion in Anduril from the previous fund.
- AI startup costs have transformed venture capital, requiring mega-funds to compete at billion-dollar check sizes.
- The new fund will back about a dozen companies, with $1.5 billion from Founders Fund's own partners.

**Companies:** Founders Fund, Sequoia Capital, SpaceX, Anduril Industries, Anthropic, Stripe, Ramp, Cognition AI, OpenAI

[Read the full story on TNW](https://thenextweb.com/news/founders-fund-6-billion-ai-venture)

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