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Fundraise, Tech, Tech News, VC, Venture

Betaworks’ third fund closes at $66M to invest in early-stage AI startups

New York City-based Betaworks has closed its $66 million Fund III, which will focus on investing in early-stage AI companies.  Betaworks has been investing in AI since at least 2016 and, through its investment program Camp, has backed companies such as Huggingface and Granola. Jordan Crook, a partner at the firm (and former TechCrunch employee), […]

funds, Startups, Tech, Tech News, VC, Venture

Sarah Smith launches $16M fund, says AI can ‘unlock’ so much for solo GPs like herself

Sarah Smith, founder and managing partner of the eponymous Sarah Smith Fund, announced Thursday the final closing of a $16 million Fund I.  Smith launched her eponymous fund in 2022 and is a solo GP. She said she’s “stunned” by what AI can unlock for firms like hers, solo and next-generation. “I can’t imagine doing […]

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