TechFlow reports on November 23, according to BusinessWire, Theory Ventures has announced the closing of its second fund at $450 million. Since launching its first fund of $238 million in April 2023, this new fund will further support innovators. Centered on idea-driven investing, the firm focuses on data, AI, and Web3, with particular emphasis on three key themes: the data decade, new AI platforms, and decentralized infrastructure-as-database. It has invested in multiple companies and recently opened a new office in San Francisco.
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