Funding

Menlo Ventures raises a $3 billion fund after AI gains tied to Anthropic investment

First source report 23 Jun 2026Latest development 23 Jun 20261 source link

TechCrunch reports that Menlo Ventures has raised a new $3 billion fund. The article ties the raise to Menlo's recent reputation as an AI-focused investor, highlighting the firm's earlier large bet on Anthropic as a driver of its fundraising momentum.

How this story developed

2026-06-23
After betting the firm on Anthropic, Menlo Ventures raises victorious $3B fundTechCrunch

Sources

After betting the firm on Anthropic, Menlo Ventures raises victorious $3B fundTechCrunch · 2026-06-23

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Menlo Ventures →Anthropic →