Anthropic Backer Menlo Ventures Raises $3B In New Funds To Back AI Startups Across Stages
Venture firm Menlo Ventures has raised $3 billion across two new funds, the largest capital raise in its 50-year history, to invest in AI startups from seed.
Referenced Coverage & Sources
3 Sources CombinedExclusive: ClearJet Raises $25M to Build the 'Uber of Cargo'
Austin-based ClearJet, an AI-enabled logistics technology startup connects shippers with unused cargo capacity on commercial flights, has raised a $25.
OpenAI-backed Thrive Holdings Raises $2B to Bring AI to the Enterprise
Thrive Holdings has raised $2 billion in new funding at a $12 billion valuation from investors like SoftBank, D1 Capital Partners, and Altimeter Capital.
Lovable Confirms New $13.3B Valuation, Raises Another $400M
This new funding comes after Lovable hit $500 million in annualized run rate revenue in June, the startup told TechCrunch.
Blacksmith Raises $45M to Aid AI Code Validation as Agentic Development Grows
Blacksmith Software Inc. today announced it has raised $45 million in new funding for its continuous integration service, which combines code development with cloud-based testing instead of on the developer's computer.
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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