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Thrive Capital Raises $10 Billion, Targets Growth Ventures

2/17/2026

Summary

Story summary

Thrive Capital, founded by Josh Kushner, has raised over $10 billion for its largest fund, Thrive X.
The fund allocates $1 billion to early-stage ventures and $9 billion to growth-stage investments.
It targets a limited number of companies, including OpenAI and SpaceX, adopting a contrarian approach outside Silicon Valley.
The funding raises Thrive Capital's assets under management to about $50 billion, reinforcing its position as a leading venture capital firm.

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Story summary

Thrive Capital, founded by Josh Kushner, has raised over $10 billion for its largest fund, Thrive X.
The fund allocates $1 billion to early-stage ventures and $9 billion to growth-stage investments.
It targets a limited number of companies, including OpenAI and SpaceX, adopting a contrarian approach outside Silicon Valley.
The funding raises Thrive Capital's assets under management to about $50 billion, reinforcing its position as a leading venture capital firm.