Menlo Ventures Raises $3B Fund to Double Down on AI

Menlo Ventures has closed a record $3 billion fund, cementing its status as a top AI investor. Partner Matt Murphy highlighted their strategy of backing early seed rounds and doubling down on growth, highlighted by highly successful bets on Anthropic and Lovable.

2026-07-27 ~ 2026-07-28 · 3 related posts

• Menlo Ventures discusses Anthropic, Lovable’s $13B valuation and $3B carry — mmurph · 2026-07-27
• Menlo Ventures says AI venture now means earlier seed bets and bigger growth rounds — mmurph · 2026-07-28
• Menlo Ventures raises a record $3 billion fund for AI bets — FinanceYF5 · 2026-07-28