In a slowing market, venture investor Canaan still closes $850M across two new funds

TechCrunch
By Connie LoizosApr 6, 2023, 7:00 am241 pts
The market is slowing down, but that’s not stopping Canaan, a 35-year-old early stage venture firm that invests in both tech and healthcare. It just closed on $850 million in capital commitments across two new funds: a $650 million flagship fund — its 13th — and a separate $200 million fund to support its…

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