{"id":387547,"date":"2026-04-19T17:54:47","date_gmt":"2026-04-19T17:54:47","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/387547\/"},"modified":"2026-04-19T17:54:47","modified_gmt":"2026-04-19T17:54:47","slug":"accel-raises-5b-to-back-late-stage-bets","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/387547\/","title":{"rendered":"Accel raises $5B to back late-stage bets"},"content":{"rendered":"<p id=\"speakable-summary\" class=\"wp-block-paragraph\">Accel announced on Tuesday that it raised $5 billion <a href=\"https:\/\/www.accel.com\/noteworthies\/our-latest-fund-early-insight-and-enduring-partnership#all\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">in fresh capital to back late-stage companies<\/a>.<\/p>\n<p class=\"wp-block-paragraph\">The <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-04-15\/anthropic-cursor-backer-accel-raises-5-billion-for-big-ai-bets?srnd=phx-technology\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">venture firm told Bloomberg<\/a> that $4 billion will go to its late-stage Leaders Fund, for which it hopes to cut at least 20 checks, averaging $200 million each. Accel is looking to invest in companies building AI-powered technology, with a focus on software, hardware, robotics, defense tech, and data center infrastructure.<\/p>\n<p class=\"wp-block-paragraph\">Accel limited partners also poured in $650 million, which will go to a \u201csidecar\u201d fund, Bloomberg reported, allowing the firm to increase its investments in certain companies.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Accel has backed more than 800 companies to date, including Anthropic, Perplexity, and Lovable. This latest fundraise comes as the firm hopes to keep up with the AI boom competition. <\/p>\n<p class=\"wp-block-paragraph\">A spokesperson for Accel did not respond to a request for comment.<\/p>\n","protected":false},"excerpt":{"rendered":"Accel announced on Tuesday that it raised $5 billion in fresh capital to back late-stage companies. The venture&hellip;\n","protected":false},"author":2,"featured_media":318601,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[1214,365,138,336,5941,200731,111,139,69],"class_list":{"0":"post-387547","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-entrepreneurship","8":"tag-accel","9":"tag-ai","10":"tag-business","11":"tag-entrepreneurship","12":"tag-in-brief","13":"tag-late-stage","14":"tag-new-zealand","15":"tag-newzealand","16":"tag-nz"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/387547","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=387547"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/387547\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/318601"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=387547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=387547"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=387547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}