Khosla Ventures is a private American venture capital firm founded in 2004 by Vinod Khosla, a former general partner at Kleiner Perkins. The firm focuses on early-stage investments across various sectors, including internet, computing, mobile technology, artificial intelligence, financial services, agriculture, healthcare, and clean technology. Khosla Ventures is renowned for its bold approach, often making significant investments in groundbreaking technologies and companies. Notable portfolio companies include Impossible Foods, Instacart, Affirm, DoorDash, Square, and OpenAI. The firm's investment philosophy emphasizes high-risk, high-reward opportunities, particularly in areas like green technology and artificial intelligence. Khosla Ventures has invested in Commonwealth Fusion Systems, aiming to develop fusion power, and in startups like Quaise and Mazama Energy, focusing on superhot geothermal energy. The firm has also been at the forefront of investing in AI and tech, with Khosla himself being a staunch advocate for AI's ability to revolutionize various sectors, including healthcare. In 2018, Khosla Ventures was the first venture capital investor in OpenAI during a period when it was "almost impossible to diligence" due to the company's corporate structure. The firm invested $50 million in OpenAI's for-profit subsidiary in 2019, holding a 5 percent stake at that time. In January 2022, Khosla Ventures raised $557 million for its first opportunities fund, highlighting a trend among early-stage venture capital firms to secure additional funding to either double down on successful investments or maintain their ownership stakes. In January 2023, Khosla Ventures was in the process of raising nearly $3 billion for new funds, including $1.5 billion for its eighth flagship fund, $1 billion for its second opportunities fund, and $400 million for its latest seed fund. This fundraising effort underscores the firm's continued commitment to supporting innovative startups across various sectors.