Augnition Global Investors, a technology-focused hedge fund founded by former Sequoia Capital executive Jeff Wang, has completed fundraising exceeding $1 billion. The firm launched with at least $570 million in initial capital, approximately 45% of which came from internal sources, according to regulatory filings. Wang previously led Sequoia's global equities business for a decade, overseeing late-stage private investments in companies including ByteDance, SpaceX, Stripe, and Airbnb. Augnition Global will focus on both listed and unlisted technology companies.