{
  "id": 18277109,
  "title": "Sequoia Capital raises around €8.9 billion in new funds and closes London office; most local partners opt to stay in Europe",
  "url": "https://urgent.news/2026/11/05/sequoia-capital-raises-around-8-9-billion-in-new-funds-and-closes",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-05T07:59:51.000Z",
  "source": {
    "name": "EU-Startups",
    "slug": "eu-startups",
    "url": "https://www.eu-startups.com/2026/11/sequoia-capital-raises-around-e8-9-billion-in-new-funds-and-closes-london-office-most-local-partners-opt-to-stay-in-europe/"
  },
  "original_language": "en",
  "account": "Sequoia Capital, a leading Silicon Valley venture capital firm, recently announced the closure of its London office as part of a strategic restructuring. The firm revealed that it has raised €8.89 billion ($10 billion) in new funds, with the decision to exit Europe being a key focus. Three of the four London-based partners, Luciana Lixandru, Julien Bek, and George Robson, chose to remain in Europe instead of relocating to California. Lixandru, who joined Sequoia in 2020, has backed numerous European startups and expressed her intent to continue supporting the European tech ecosystem from the Bay Area. Bek, with a decade of experience investing in European founders, also intends to remain in Europe and continue his support for founders and portfolio company boards. The firm's decision to close its London office and streamline its structure signals a shift in focus towards high-conviction, highly selective venture capital investments.",
  "summary": "Sequoia Capital, one of Silicon Valley’s oldest and most prominent venture capital firms, has closed its London office as part of a broader restructuring. In an announcement titled “The Sequoia of Tomorrow”, the firm outlined several sweeping changes and confirmed that it has raised €8.89 billion ($10 billion) in new funds. The biggest announcement is that […] The post Sequoia Capital raises…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Business Standard IN",
        "title": "Fairfax India raises stake in IIFL Capital to 38% with ₹2,000 cr investment",
        "url": "https://urgent.news/2026/11/05/fairfax-india-raises-stake-in-iifl-capital-to-38-with-2-000-cr",
        "published": "2026-11-05T10:05:24.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}