Natasha Mascarenhas / Bloomberg:

Menlo raised $3B for funds dedicated to backing AI startups, its largest haul 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 …

Natasha Mascarenhas / Bloomberg:

Menlo raised $3B for funds dedicated to backing AI startups, its largest haul 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 …

Source: TechMeme
Source Link: https://www.techmeme.com/260623/p19#a260623p19