Foundation Capital, an early investor in Solana and Cerebras, has raised $600 million for its eleventh flagship fund. The fund is 20% larger than its previous fund and focuses on early-stage investing, often investing before companies have generated any revenue. Foundation Capital's past investments in AI chip maker Cerebras have proven successful, as the company is now valued at $4.25 billion and plans to go public in the future. Foundation Capital has also been investing in blockchain since 2014 and remains unfazed by market volatility.



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