Madrona Venture Labs raises $11M for fifth fund as studio doubles down on AI startups
GeekWire
JUNE 21, 2023
(Madrona Venture Labs Photo) Madrona Venture Labs (MVL) announced Wednesday it raised $11 million for its fifth fund, providing fresh fuel for the Seattle startup studio as it continues to double down on developing artificial intelligence startups. Since it was launched, the fund has raised $40 million and backed 32 companies.
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