PE firms lead in AI/ML adoption, with 33% reporting that they have already adopted the tech, while just 19% of venture capital firms say the same, according to a new survey by tech provider Allvue.
Vintage Investment Partners, which is an investor in funds from Accel, a16z and General Catalyst, closed its fourth growth-stage fund at $200m, bringing its AUM to $4bn.
VCs have low expectations for IPOs, but see a rebound in M&A, citing optimism about lower interest rates and interest from private equity investors and better-capitalized public companies eager to get teams and technologies at a discount.
The move comes just two months after Menlo announced that it had raised $1.35bn to invest in tech companies “leading the AI transformation.”
David Berry has launched Bedford Bridge with his brother, entrepreneur Eric Berry, to invest in healthcare technology start-ups, including those focused on artificial intelligence, longevity, deep technology and data-driven care.
Investors in firm's new fund include Carnegie Mellon University, Cook Children's Health Care System, LGT Capital Partners and Next Legacy Partners.
The CEO of 500 Global tells us about what's unusual in her home, her childhood dream of becoming a principal ballet dancer and the importance of doing 'the scary thing.'
Hiroki Takai, Meredith Tibbals, Amanda Way and Kevin Zhang are among the 40 Rising Stars under the age of 40 in Venture Capital Journal's fifth consecutive list.
Sandra Malmberg, Mike Morgan, Camila Noordeloos and Ankit Sud are among the 40 Rising Stars under the age of 40 in Venture Capital Journal's fifth consecutive list.
Aaron Fleishman, Fiona Huang, Melanie Jordan and Asher Kraut are among the 40 Rising Stars under the age of 40 in Venture Capital Journal's fifth consecutive list.