Canaan’s $850M Closure Amidst Industry Decline: A Deep Dive
Prerna Mahtani,
3 years ago
3 min read
Canaan, a 35-year-old early-stage venture capital firm, continues to invest in IT and healthcare despite the market slowdown. Capital commitments totaling $850 million have recently been completed, split between a $650 million flagship fund (it’s 13th) and a second $200 million fund to assist its...