Sequoia Capital restructures: closes London office, discontinues Arc accelerator

Sequoia Capital is closing its London office, shutting down its Arc accelerator and Scouts program, and consolidating its early- and growth-stage teams into a single unit as part of a firmwide restructuring outlined in its "The Sequoia of Tomorrow" post. The firm has flattened its partnership structure—now held and operated by seven general partners—ended weekly partner meetings, and simplified the Sequoia Capital Fund, with some London staff departing and European founders to be supported from the Bay Area headquarters. Sequoia has also raised roughly $10 billion in new funds and will concentrate on high-conviction, highly selective venture bets in AI, space, biotech and reindustrialization. The moves mark a shift away from Sequoia's volume-driven scouting and accelerator model toward a leaner, more centralized operation a year after its generational leadership handover. What to watch next is how the trimmed team and single investment structure affect deal pacing and European coverage.