Perplexity AI, the developer of a popular artificial intelligence search engine, is close to raising a $50 million venture fund focused on early-stage AI startups, CNBC has learned.
The company will be an anchor investor in the fund, but most of the capital is coming from outside limited partners, according to a person familiar with the matter who asked not to be named because the information is confidential.
The two general partners of the fund are also coming from elsewhere. They are Kelly Graziadei and Joanna Lee Shevelenko, who have been running early-stage fund f7 Ventures, the person said. According to a filing with the U.S. Securities and Exchange from October, Perplexity F7 Fund I had filed to raise $50 million. Graziadei and Shevelenko are named as the two general partners.
Full story: Perplexity AI $50 million venture, backing early-stage startups
