Menlo Ventures raises a record $3 billion fund for AI bets
FinanceYF5 · x · 2026-07-28
- Menlo Ventures has reportedly raised a record $3 billion fund.
- Matt Murphy now oversees a portfolio that includes Anthropic, Lovable, Legora, and OpenRouter.
- The post points to a long 20VC interview in which Harry Stebbings asks pointed questions about AI investing, open-source pressure, model-routing value, and fund economics.
- It frames Menlo as one of the most active investors shaping the current AI market.
Related event: Menlo Ventures Raises $3B Fund to Double Down on AI(3 posts)→
More from Companies & People
- Indie dev: after fighting Apple review for a month, every new release brings PTSD — jdluk87 · 2026-09-23
- PrimeIntellect Adds Intern to Optimize Its Inference Stack — willcb · 2026-09-23
- Why OpenAI's vertical push into law and finance is 'dead on arrival' — nicolechirps · 2026-09-23
- Cloudflare CTO Dane Knecht makes TIME's 2026 executives list as AI crawlers hit 52% of traffic — dinasaur_404 · 2026-09-23
- tszzl: glossy 3D animation is now the single most important skill for launching a new AI model — tszzl · 2026-09-23
- Sam Altman on his highest-return year: dozens of textbooks, helping people, planting seeds — a16z · 2026-09-23