AIBloomberg2h ago
Menlo raised $3B for funds dedicated
Menlo raised $3B for funds dedicated to backing AI startups, its largest fundraising to date; sources say Menlo's Anthropic stake is currently worth nearly $14B
In 2024, Menlo Ventures made the risky decision to raise $500 million to invest in Anthropic PBC, then an underdog rival to OpenAI …
Read full articleSource: Bloomberg · Opens in new tab