Menlo Ventures Secures $3 Billion for AI Startup Investments

2026-06-24

Venture capital firm Menlo Ventures announced the closure of two new funds totaling $3 billion, marking its largest capital raise in 50 years. The funds are designated for investment in artificial intelligence startups across all stages, from seed to growth.

Source: Crunchbase News

Reported by VERA Newswire.