Accel closes oversubscribed $550M India fund within weeks, 19 months after its last
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9 Articles
Accel Europe fund hits $800m in a $3.5bn four-fund raise
Accel is a venture capital firm. It gives money to startups early, usually before anyone else has, and takes a stake in return. It has done this since 1983, and it wrote the first institutional cheque into Atlassian, CrowdStrike, Flipkart and Slack. On Tuesday it said it had raised $3.5bn for four new funds, Bloomberg […] This story continues at The Next Web
Axel has closed a new $550 million fund in India, reflecting growing investor interest in the Indian market. This comes less than two years after the fundraising of its previous India-focused fund, part of a global effort to raise $3.5 billion. The new India fund was oversubscribed and closed within weeks, according to sources familiar with the matter who spoke to TechCrunch. Axel still has more than 55% of its previous $650 million fund availab…
Accel closes oversubscribed $550M India fund within weeks, 19 months after its last
The U.S. VC firm still has more than 55% of its previous $650 million India fund available for deployment.
Accel raises $3.5B across four funds as AI reshapes early-stage VC
Accel closes $3.5 billion across four funds spanning the US, Europe, Israel, and India. The raise follows a separate $5 billion late-stage AI fund closed in April 2026. Accel’s bets range from Anthropic, backed at a $183 billion valuation and now near $800 billion, to a $300 million seed for a physics lab. Most venture firms are still deciding whether the AI boom is a software story or a hardware story. Accel has stopped choosing. The Palo Al…
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