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July 18, 2025
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Alex Ohanian Initialized Capital seals $230m Fund V close, first raise since co-founder Alex Ohanian’s switch back to part-time

Initialized Capital seals $230m Fund V close, first raise since co-founder Alex Ohanian’s switch back to part-time

Initialized Capital, the investment firm launched by Reddit co-founder Alexis Ohanian and ex-Y Combinator partner Garry Tan, has hauled in $230m for its fifth seed fund.

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