The Anthology Fund, jointly launched by Menlo Ventures and Anthropic, has invested in 18 startups in just five months, demonstrating its investment strength and efficiency in the field of artificial intelligence. The fund, with a total amount of US$100 million, aims to support AI start-ups from pre-seed to Series B, providing them with funds, resources and Anthropic model points to accelerate the application innovation of AI technology in various industries. These 18 companies cover multiple fields, including software, financial technology, medical image analysis, etc., demonstrating the broad application prospects of AI technology.
Just five months after announcing a $100 million Anthology Fund, Menlo Ventures and Anthropic have provided financial support to the first 18 startups and plan to continue to find more potential investment targets.
Menlo Ventures said the 18 startups were carefully selected from thousands of applications and cover a variety of fields, including recruitment software, autonomous coding, model decision-making explainability research, fintech compliance and tax applications, radiology imaging Analytics, chart review, non-human identity cybersecurity, customer engagement software, and consumer nutrition applications. In addition, eight companies that have been accepted into the program are currently under confidentiality.
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Anthology Fund combines the characteristics of a corporate entrepreneurship program and an incubator to provide financial and resource support to start-ups. The fund will provide a minimum of $100,000 in financial support to startups from pre-seed to Series B and provide Anthropic model credits worth $25,000. This program aims to help start-ups develop rapidly while promoting innovation at the application level of AI technology.
Menlo Ventures is one of the important backers of Anthropic. Through this fund, the two parties promote the development of new applications in the field of AI, going beyond focusing on basic models and infrastructure and instead focusing on new applications built on these foundations. Menlo Ventures partner Tim Tully said at the launch: "We are one of Anthropic's largest investors and a big fan of its work. This is an excellent opportunity to deeply understand the ecosystem and discover developments based on Anthropic or the broader AI foundation." opportunities for the company.”
The establishment of Anthology Fund not only provides funds and resources for AI start-ups, but also creates a collaborative development platform for Menlo Ventures and Anthropic, striving to seize the next major opportunity in the field of artificial intelligence in 2025.
The rapid progress of Anthology Fund heralds the booming development of the field of artificial intelligence, and also reflects the optimism of venture capital on the application level of AI. In the future, we will continue to pay attention to the investment trends of this fund and its role in promoting the development of the AI industry.