After betting the firm on Anthropic, Menlo Ventures raises victorious $3B fund
Menlo has created a solid rep for itself as an AI investor, all based on one gutsy $750 million move in 2024.
Referenced Coverage & Sources
2 Sources CombinedDefense Tech Hadrian Raises $1.37B at $8B Valuation
Hadrian is building automated factories to mass-produce parts for defense vehicles like submarines. It's backed by a long list of well-known investors.
Omilia Raises $67M to Scale Its Customer Support Platform
The Series B is the company's second fundraise since it last raised capital in 2020. In that time, it has increased its ARR by 10x to $60 million.
The Week's 10 Biggest Funding Rounds: a Big Week for Big Checks
Startups raised funding rounds with a lot of zeroes at the end this week, with three companies securing financings of $1 billion or more.
Watching Roku's AI Channel Is Like Eating From a Trough
The appeal of free ad-supported streaming television (FAST) channels has always been the way they make it easier to (re)discover classic films and series.
Anthropic
Anthropic is an AI safety and research company, creators of the Claude LLM family, founded by former OpenAI researchers to build steerable, reliable, and constitutional AI systems.
Agentic AI
Agentic AI refers to artificial intelligence systems designed to act autonomously, make decisions, plan workflows, and execute tasks without constant human intervention. Unlike traditional models that only respond to queries, agentic systems use an agentic loop to perceive environments, reason over goals, use tools, and iterate to achieve outcomes.
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