AICrunchbase Newsabout 2 hours ago
Menlo Ventures Raises $3B for AI Funds
8 min read
Menlo Ventures raised $3 billion across two funds, its largest in 50 years, targeting AI from seed to growth stages. The firm's portfolio includes Anthropic, Lovable, Suno, and OpenRouter. Partner Matt Murphy sees a "rare land-grab moment" in AI infrastructure and applications.
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