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. “Not every investment has to be an AI investment, but we believe that’s where the most exciting innovations will spark,” the firm said in an emailed […]

© 2023 TechCrunch. All rights reserved. For personal use only.

ai ai investment ai startups billion capital every innovations investment investments investments in ai menlo ventures part startups support targets venture venture funding