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New leaders, new fund: Sequoia has raised $7B to expand its AI bets

Friday, April 17, 2026

Sequoia Capital has completed its first major capital raise under its new leadership, with Alfred Lin and Pat Grady now serving as co‑stewards of the 54‑year‑old firm. The fundraise signals fresh confidence in Sequoia

The fundraise is the first major capital raise under Sequoia's new leadership, with Alfred Lin and Pat Grady now serving as co-stewards of the 54-year-old firm.