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Section 32 closes on $525M fund, says there is 'a zone of commoditization that you have to avoid while investing in AI'

Section 32, a venture firm founded by ex-Google Ventures CEO Bill Maris, has closed on $525 million in capital commitments across its fifth fund, TechCrunch is first to report. A portion of the capital will go toward early-stage investments, while the remaining will be reserved for follow-on opportunities. The Palo Alto, California, firm, which now has $2.3 billion in assets under management, has seen a number of notable exits over its six-year history.

Section 32 Closes $525 Million Oversubscribed Fund 5 to Accelerate the Discovery, Development, and Distribution of Revolutionary Technologies

Section 32 Closes $525 Million Oversubscribed Fund 5 to Accelerate the Discovery, Development, and D

S32 team leans on its Google lineage to invest in companies commercializing revolutionary technologies that improve the human condition; Wesley Tillu promoted to PartnerPALO ALTO, Calif.--(BUSINESS WIRE)--Section 32 (“S32”) today announced the closing of its Fund 5, an oversubscribed $525 million investment vehicle...

Silicon Valley and WEF-Backed Foundation Announce Global Initiative for COVID-19 Vaccine Records