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Bessemer raises $5.75 billion for more AI investments

Bessemer Venture Partners just closed $5.75 billion in new funds, most of it aimed at growth-stage AI startups. $4 billion will go to growth investments, with $1.75 billion set aside for bets on young companies. Bessemer’s been active: over 260 AI deals since 2022, and $3 billion invested in AI so far. The firm says big AI startups now need bigger checks—and they’re planning to write them.

Why it mattersAI startups are demanding larger and later-stage funding to keep scaling—so big venture funds, like Bessemer, are following the money. The number and size of these deals signals AI is still a prime focus for private investors.

Sources covering this

Economic Times TechBessemer raises $5.75 billion in new funds, expands growth efforts1:56 PMTechCrunchVC firm Bessemer now has another $5.75B to invest in (what else?) AI8:35 PM

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