The Chonkerton

After betting the firm on Anthropic, Menlo Ventures raises victorious $3B fund

ai

Menlo Ventures has closed a three billion dollar fundraising round on the strength of one bold investment. Back in twenty twenty-four, the firm invested seven hundred fifty million dollars in Anthropic, the AI safety company. According to TechCrunch, that single bet has transformed Menlo's reputation, establishing them as a credible voice in the crowded AI investment landscape.

Source: https://techcrunch.com/2026/06/23/after-betting-the-firm-...

Listen to this story

Hear this and more stories in a personalized audio briefing.

Open The Chonkerton