Thursday, November 7, 2024
Startups

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

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.

Source link

Share with your friends!

Products You May Like

Leave a Reply

Your email address will not be published. Required fields are marked *

x  Powerful Protection for WordPress, from Shield Security
This Site Is Protected By
Shield Security