David Bogoslaw

Venture firms are finding that AI agents, when applied to a broad swath of internal workflows, can augment decision-making and enhance collaboration among teams.

Six IPOs for portfolio companies in the last eight years, steady distributions and a healthy re-up rate helped the product-led VC firm expand its institutional LP base.

Among the limited partners in prior Rethink Education funds are Richard W Goldman Family Foundation, AL Mailman Family Foundation, IDP Foundation and Lumina Foundation.

Senior executives and domain experts enable portfolio companies to grow more quickly and gain a competitive edge over peers developing AI-native platforms.

With the Tokyo-based financial group as an anchor investor, Across plans to invest in more than 20 micro VCs focused on AI, fintech and blockchain, climate and health tech.

Investors are more wary of SaaS as they see a structural shift from enterprise products built around systems of record, seat licenses and humans manually navigating workflows to platforms pushing software toward systems of action, automation and outcomes.

Seeing the impact of AI on the VC industry, Cheng was re-evaluating how to be most useful to founders as an investor and liked Costanoa’s level of dedication to a smaller portfolio of start-ups.

New limited partners in the sophomore fund include The Health Foundation, Esmée Fairbairn Foundation and Vivensa Foundation, as well as some family offices.

The larger fund size will enable the deep tech, defense and space investor to lead rounds and write bigger initial checks for portfolio companies.

By opening an office in Japan, the US VC firm plans to expand its relationships with Japanese corporates positioned to benefit from Japan's nation space agency's commitment of $6.7bn to a 10-year space fund.