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Accel closes a new $550 million India venture fund and a separate $800 million Europe and Israel early-stage fund as part of a $3.5 billion global fundraising effort

Funding ● Confirmed 90% confidence first seen

Accel has closed an oversubscribed $550 million India venture fund and also raised an $800 million early-stage fund for Europe and Israel. Both fundraises are described as part of a coordinated $3.5 billion total fundraising effort, with the new funds expected to expand and shift investment focus toward areas including AI applications.

Accel Accel Accel India Fund Accel India fund (previous $650 million vehicle) Lovable Monzo Synthesia

Source coverage

Accel closes oversubscribed $550M India fund within weeks, 19 months after its last TechCrunch independent Monzo and Lovable backer Accel raises enlarged $800M early-stage fund Tech.eu independent Accel raises $800m for ninth early-stage Europe fund Sifted independent

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