Khosla Ventures looks to create trio of SPACs worth $1.2B
February 17, 2021
Khosla Ventures has filed to launch three blank-check companies that will seek to raise a combined $1.2 billion. Khosla's plans mirror VC investors like Ribbit Capital and G Squared, which recently launched SPACs of their own. Several of Khosla's portfolio companies, including real estate tech company Opendoor and solid-state battery startup QuantumScape, agreed to merge with SPACs in recent months.