Anthropic Backer Menlo Ventures Raises $3B In New Funds To Back AI Startups Across Stages (opens in new tab)

Covers Menlo Turns 50 and Announces $3B in Fresh Capital to Go ALL IN on AI

Venture firm Menlo Ventures has raised $3 billion across two new funds, the largest capital raise in its 50-year history, to invest in AI startups from seed through growth stage. The firm says the new capital will target companies in sectors from enterprise tools to healthcare.

Read the original article