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Menlo Ventures Announces Partnership with Anthropic to Accelerate AI-first Innovation

Menlo Ventures Announces Partnership with Anthropic to Accelerate AI-first Innovation

12/18/24, 4:10 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgmenlo park
Money
$100 million
Industry
angel investment
venture capital
Type
partnership
Menlo Ventures announced its first cohort of 18 companies backed by the $100 million Anthology Fund today. Launched in partnership with Anthropic, the fund has received thousands of applications from entrepreneurs worldwide since its July announcement, highlighting the massive opportunity in frontier AI development.

Company Info

Company
Menlo Ventures
Location
menlo park, california, united states
Additional Info
Menlo Ventures is a venture capital firm that strives to have a positive impact on everything we do. That’s why we support businesses, including Abnormal Security, Anthropic, Benchling, Carta, Chime, Harness, Poshmark, Pillpack, Pinecone, Roku, Rover, Uber, and Warby Parker, that are reimagining life and work for the better. Over 47 years, we’ve grown a portfolio that includes more than 80 public companies, over 165 mergers and acquisitions, and currently have $5.8 billion under management. We invest at every stage and in every sector, with expertise in Consumer, Enterprise, and Healthcare. From developing market strategies to creating communities, we provide real impact where entrepreneurs need it most. When we’re in, we’re ALL IN. Menlo Ventures relies on the “venture capital adviser exemption” for purposes of the Investment Advisers Act of 1940. No part of this press release is intended to be, or may be relied upon, as investment advice, investment recommendation, an offer to sell, or the solicitation of any offer to buy, any security or adopt any investment strategy. No compensation was paid for any quoted remarks included in this press release. A complete list of Menlo Venture’s investments is available at Menlovc.com/portfolio. www.menlovc.com @MenloVentures