Menlo Ventures and Anthropic Launch $100M Anthology Fund to Accelerate AI Innovation
17 Julio 2024 - 7:00AM
Menlo Ventures, a leading venture capital firm, today announced the
Anthology Fund, a groundbreaking $100 million initiative created in
partnership with Anthropic, the frontier artificial intelligence
safety and research company. The Anthology Fund aims to partner
with innovative founders to build unique AI-first applications and
infrastructure solutions that leverage Anthropic’s technology and
AI models.
“We are thrilled to join forces with Anthropic to
launch the Anthology Fund,” said Matt Murphy, Partner at Menlo
Ventures. “By combining Menlo’s company-building experience with
Anthropic’s cutting-edge AI technology and talent, we are uniquely
positioned to identify and partner with the most promising
entrepreneurs shaping the future of AI.”
The Anthology Fund will invest in companies from seed to
expansion stages, with investments starting at $100,000. The fund
will back selected entrepreneurs innovating broadly with Anthropic
technologies, primarily focused on five key areas:
- AI
infrastructure–including DevX tools and middleware–that
advances the use of Claude and other LLMs, accelerating their
adoption and capabilities.
- Frontier/Novel applications of AI that will
transform bio, healthcare, legal, financial services, supply
chains, cloud infrastructure, and cyber security. While we
highlight those areas, we are committed to backing exceptional
ideas across all sectors.
- Consumer AI solutions that transform the user
experience by seamlessly integrating LLMs as core components
driving interactions.
- Trust and safety tooling (at or above the
model layer) that enhances AI safety and offers scalable,
profitable solutions for responsible AI deployment.
- AI apps and tech that
maximize societal benefits, such as new forms of
education/training, job creation solutions, and tools that expand
accessibility.
Startups backed by the fund gain access to a suite of resources,
including:
- A strong venture
partner: Tap into Menlo's seasoned investors, dedicated
services team, and vast network to help build a product into a
business primed to hyperscale.
- Anthropic Advantage: Leverage pioneering AI
research, products, and tools.
- Frontier model access: Harness Anthropic's
most advanced AI models with $25,000 in free credits.
- Collaborative community: Join a vibrant
network of like-minded founders, researchers, and business leaders,
all driven by the desire to harness AI for positive change.
- Structured Program: Participate in quarterly
deep dives with Menlo Partners and Anthropic's developer relations
team, designed to optimize their use of Claude. Showcase progress
at bi-annual demo day hosted by the Menlo team and Anthropic
leaders like Chief Product Officer Mike Krieger and President
Daniela Amodei.
- Additional
Resources: Enjoy credits from Menlo's infrastructure
partners and fractional workspace in Menlo’s San Francisco and
Menlo Park offices.
“The Anthology Fund represents more than investing—we see this
as an opportunity to drive AI forward,” said Tim Tully, partner at
Menlo Ventures. “We’re not just looking for startups; we’re seeking
pioneers who will harness Anthropic’s groundbreaking technology to
shatter the limits of what is possible today through AI. Our
mission is to empower ambitious founders to create solutions that
don't just drive value but fundamentally reshape industries and
improve lives.”
“Through our partnership with Menlo Ventures and the Anthology
Fund, we hope to accelerate the development of groundbreaking AI
applications. We're particularly interested in ventures that
leverage AI to enhance human capabilities and productivity in
fields such as healthcare, legal services, education, energy,
infrastructure, and scientific research,” said Daniela Amodei,
President of Anthropic. “We look forward to working closely with
Menlo and the exceptional founders backed by this Fund to push the
boundaries of what’s possible with AI.”
Interested startups can apply for consideration and find more
information about the Anthology Fund through the Menlo Ventures
website. The investment team, led by Menlo Partners Tim Tully, Matt
Murphy, Joff Redfern, Amy Wu, Deedy Das, and Venky Ganesan, will
work closely with the Anthropic team to support Anthology startups
as they scale.
About Menlo Ventures: Menlo Ventures is a
venture capital firm that strives to have a positive impact on
everything we do. That’s why we support businesses, including
Abnormal Security, Anthropic, Benchling, Carta, Chime, Harness,
Poshmark, Pillpack, Pinecone, Roku, Rover, Uber, and Warby Parker,
that are reimagining life and work for the better. Over 47 years,
we've grown a portfolio that includes more than 80 public
companies, over 165 mergers and acquisitions, and $6.4 billion
under management. We invest at every stage and in every sector,
with expertise in Consumer, Enterprise, and Healthcare and provide
real impact where entrepreneurs need it most. When we're in, we're
ALL IN.
About Anthropic Anthropic is an AI lab whose
research and products put safety at the frontier. As a public
benefit corporation, Anthropic is dedicated to ensuring the world
safely makes the transition through transformative AI. Their
multidisciplinary team creates reliable, interpretable, and
steerable AI systems. Anthropic’s flagship product is Claude, a
large language model that offers the best combination of speed and
performance.
Contact: menlo@nectarpr.com