Menlo Ventures creates $100m Anthology Fund with Anthropic for early-stage AI startups using Anthropic's AI models.

Menlo Ventures and AI startup Anthropic are launching a $100 million fund, the Anthology Fund, to support early-stage AI startups. Menlo Ventures, one of Anthropic's investors, will provide all the capital for the fund, investing in startups that use Anthropic's AI models. Anthropic will provide networking opportunities and credits for using its Claude AI models for the startups, without taking a stake in the companies.

July 17, 2024
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