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US-based General Catalyst closes new $8B fund

  • US-based General Catalyst has closed a new $8B fund.
  • The fund will be allocated to core VC funds, creation strategy, and separately managed accounts.
  • The capital will be used to boost investments in AI, defence and intelligence, climate and energy, industrials, healthcare, and fintech.
  • General Catalyst has been diversifying its investments and taking an interest in the healthcare sector.

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