<ul><li>Peter Thiel’s venture capital firm, Founders Fund, has raised $4.6 billion for a new growth-stage vehicle.</li><li>The fund, named Founders Fund Growth III, will focus on later-stage startups in sectors like AI, defense technologies, and advanced manufacturing.</li><li>Thiel's investment philosophy prioritizes contrarian bets with geopolitical or technological significance, and the fund has previously backed companies like SpaceX and Facebook.</li><li>The successful close of Growth Fund III establishes Founders Fund as a major player in the growth-stage venture landscape.</li></ul>

Peter Thiel’s Founders Fund raises $4.6 billion to back growth-stage startups

Discover more