Madrona Venture Labs raises $11M for fifth fund as studio doubles down on AI startups
GeekWire
JUNE 21, 2023
Examples include: Uplevel, which measures engineer productivity, raised $20 million last year. By comparison, the AI2 Incubator in Seattle takes 9%. The firm recently announced that it hired Kelci Zile — who worked for more than three years as a sustainability leader at Amazon Web Services — as a venture partner.
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