Greylock Partners raises seed fund

The firm, which raised $1.1bn for its 16th flagship fund last year, raises $500m to make seed investments.

Greylock Partners, which raised $1.1 billion for its 16th flagship fund last year, has raised $500 million for a seed-stage fund.

The firm noted that it has made more seed investments in recent years than ever before. About 70 percent of its new investments so far in 2021 have been at the seed stage. And it’s invested in more seed investments to date this year than all of last year.

Source: Blog post