Menlo Ventures closes on $1.35B in new capital, targets investments in AI startups TechCrunch

Menlo Ventures has raised $1.35 billion in new capital that it plans to use in part “to support the forthcoming generation of AI startups,” the venture firm announced today. Notably and unsurprisingly, the firm is today quite bullish on the future of artificial intelligence, noting that it has already backed the likes of Abnormal, Anthropic, […]

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 Menlo Ventures has raised $1.35 billion in new capital that it plans to use in part “to support the forthcoming generation of AI startups,” the venture firm announced today. Notably and unsurprisingly, the firm is today quite bullish on the future of artificial intelligence, noting that it has already backed the likes of Abnormal, Anthropic,
© 2023 TechCrunch. All rights reserved. For personal use only.  Read More TechCrunch AI, Startups, Venture, menlo ventures, venture funding 

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