
Menlo Ventures raised $3 billion, its largest fundraise in 50 years, to back AI startups across enterprise, healthcare, and consumer sectors. The firm highlighted its early investment in Anthropic, which it led in Series D after a pre-product, pre-revenue Series C in 2023. The capital is split between a seed and Series A fund and a growth fund for later-stage AI companies.
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Summary by ByteBrief
Seedcamp Secures $320M to Back Early Startups