Anthropic jumped to a revenue rate of $47 billion in May, up from $9 billion in 2025. It’s the kind of growth Menlo Ventures’ Matt Murphy says he’s never seen in 25 years of investing, not in the Internet wave, not in mobile, not in the first cloud boom. Menlo led Anthropic’s $500 million Series
Chemistry Ventures, the venture capital firm launched two years ago by Bessemer alumni Index Ventures and Andreessen Horowitz, is raising $500 million for its second fund, according to an SEC filing. Founded by Mark Goldberg, Ethan Kurzweil, and Kristina Shen, Chemistry launched with a $350 million fund and invests in early-stage startups building development tools,
Early-stage company Magnify Ventures has raised $46.6 million for its second LP fund, including Melinda French Gates’ Pivotal Ventures. Founded in 2021 by Joanna Drake and Julie Wroblewski, Magnify invests in companies focused on the care economy, such as those creating assistive robotics, family cybersecurity, and artificial intelligence for home use. The firm said Fund