Venture capital firm Kleiner Perkins is reportedly raising $3.5 billion for artificial intelligence startups in the software, healthcare, transportation and autonomy sectors.
The firm will invest $1 billion in its 22 early-stage funds and will focus on finding AI startups in, while the remaining $2.5 billion will be invested in growth-stage companies and larger startups, Bloomberg reported .
Kleiner Perkins is an American venture capital firm headquartered in Menlo Park and has more than $21 billion in assets under management.
The firm’s portfolio includes major companies such as Google, Amazon, Figma, Glean, Harvey, Rippling, TogetherAI, OpenEvidence, Waymo, and Anthropic.
Last year, Kleiner Perkins, along with investors Greylock Partners and Index Ventures, saw profits exceeding $1.4 billion from the IPO of software company Figma
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