Accel Raises $5B to Back Next AI Breakouts Across US, Europe, India, and Southeast Asia
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Accel Raises $5B to Back Next AI Breakouts Across US, Europe, India, and Southeast Asia
Palo Alto, USA–based Accel — founded by Jim Swartz and Arthur Patterson — raises $5Bn across two new funds including $4Bn for Leaders Fund V and $650M to double down on breakout companies. The fund will back AI, software, robotics, defence tech, and computing infrastructure — fuelling the next wave of world‑changing teams across the U ...
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