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Menlo Ventures raises $3B, fueled by a $14B Anthropic stake and AI investments.

Market News
23 Jun 2026
TechCrunch
View Source
Bullish
pluang ai news

Menlo Ventures announced its largest-ever fundraise of $3 billion, driven mainly by its significant investment in AI startup Anthropic, now valued at around $14 billion. The firm made a bold $750 million bet in Anthropic's 2024 Series D round, which quadrupled the startup's valuation to $18.4 billion. Menlo also launched a $100 million Anthropic-focused fund called Anthology, which has since grown and supported over 60 AI startups, producing early returns through acquisitions. This move has solidified Menlo's reputation as a leading AI investor with a broad portfolio of promising AI companies.

More News

China's 15th Five-Year Plan drives innovation and global cooperation amid economic uncertainties.

China's 15th Five-Year Plan drives innovation and global cooperation amid economic uncertainties.

China's 15th Five-Year Plan (2026-2030) focuses on innovation, resilience, and quality growth, aiming to lead in sectors like quantum computing and 5G. Former EU economist Rudy Aernoudt highlights China's clear, unified long-term planning approach as...

Market News
Bullish
42 minutes ago
Hypersurface launches first on-chain Bitcoin premium income vault after acquiring Acre.

Hypersurface launches first on-chain Bitcoin premium income vault after acquiring Acre.

Hypersurface has acquired Acre to create the Hypersurface Bitcoin Premium Income vault (HSBPI), the first fully on-chain Bitcoin volatility trading strategy. This new product allows Bitcoin holders to deposit BTC directly and earn premium income thro...

Company Fundamentals
Bullish
2 hours ago
Muskrat Dam First Nation connects to Ontario power grid, ending diesel reliance and enabling community growth.

Muskrat Dam First Nation connects to Ontario power grid, ending diesel reliance and enabling community growth.

Muskrat Dam First Nation in northern Ontario was connected to the provincial power grid on April 9, 2026, allowing the community to shut down costly diesel generators. This connection removes previous power constraints, enabling new construction proj...

Market News
Bullish
2 hours ago
Zealthy launches enhanced virtual weight-loss platform with Zepbound access and insurance support.

Zealthy launches enhanced virtual weight-loss platform with Zepbound access and insurance support.

Zealthy has introduced an upgraded virtual weight-loss care platform that integrates telehealth services, insurance coordination, prescription management, and patient support. The platform allows eligible patients to complete an online health assessm...

Others
Bullish
2 hours ago
EARNED signs top 2026 MLB Draft prospect Cody Boshell as brand ambassador

EARNED signs top 2026 MLB Draft prospect Cody Boshell as brand ambassador

EARNED, a baseball culture brand, has signed Cody Boshell, a leading 2026 MLB Draft prospect and University of Tennessee commit, as a brand ambassador. Boshell is recognized for his powerful left-handed batting and strong work ethic, aligning with EA...

Others
Neutral
2 hours ago
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