# Sequoia Capital

ALL From Sequoia Capital

OpenAI Closes Its Monster $10B Funding Round at a $27B-29B Valuation

OpenAI, the startup behind the widely used conversational AI model ChatGPT, has closed its new funding round of more than $10.3 billion, TechCrunch has learned.

Mayhem Studios Raises $20 Million in Series A Round Led by Sequoia Capital for AAA Mobile Games Development

Mayhem Studios, the mobile game development unit of Mobile Premier League (MPL), has raised $20 million in a Series A round led by Sequoia Capital, with participation from Steadview Capital, Truecaller, and others. The funds will be used to develop new gaming titles in India and ramp up the company's capabilities.

Crypto Evening Briefing: Do Kwon Extradition Sought by U.S., South Korea, Montenegro Justice Minister Says

The extradition of TerraForm Labs founder Do Kwon from Montenegro has been requested by both the U.S. and South Korea, Justice Minister Marko Kovac said at a Wednesday press conference.

Crypto Evening Briefing: OpenSea, ConsenSys Among Prized Crypto Startups With Shares Available at Big Discounts

Those startups include Alchemy,, Chainalysis, Kraken, ConsenSys, Blockdaemon, CoinDCX and OpenSea.

FTX Reaches $45M Deal To Sell Interest in Sequoia to Abu Dhabi’s Investment Arm

FTX’s investment arm, Alameda Research, has struck a $45 million cash deal to sell its interest in Sequoia Capital to the Abu Dhabi sovereign wealth fund, according to court documents filed Wednesday.

Sequoia Capital, ‘Inspector Gadget’ Creator Hit by FTX Class-Action Lawsuit

Sequoia Capital, the creator of “Inspector Gadget,” Signature Bank and others linked to defunct crypto exchange FTX were slapped with a class action lawsuit this week, which alleges the defendants knew about the alleged fraud at the company and “did not care.” 

Multicoin, Sequoia Lead $6M Round in Solana-based Crypto Wallet TipLink

The company just closed a $6 million seed round, co-led by Multicoin Capital and Sequoia Capital. Circle Ventures, Solana Ventures, and Paxos also participated in the round. Along with the recently raised funds, TipLink is also releasing its API, which developers can use to programmatically generate TipLinks.

Sequoia Capital, Paradigm Among VCs Facing “Tricky” FTX Investor Lawsuit

Users of bankrupt crypto exchange FTX have reportedly taken aim at financiers who promoted the platform suggesting their efforts added an “air of legitimacy” to the now-defunct exchange, a case labeled as "tricky" by a crypto lawyer.

Sequoia, Dragonfly Back Web3 Startup Caldera in $9M Rounds

Caldera, which provides infrastructure for Web3 applications, has raised $9 million across two funding rounds led by traditional finance giant Sequoia Capital and crypto-native firm Dragonfly.

14 start-ups showcased innovative products to investors on SuperWeb3 Online Demo Day

There were 14 Web3 start-ups from around the world and 135 Web3 investors registered for the event.