Perplexity AI Unveils $50M Fund to Fuel AI Startup Boom

Feb 25, 2025
CNBC
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Summary

Perplexity AI, a pioneering AI venture firm, has unveiled an ambitious $50 million fund to catalyze the burgeoning AI startup ecosystem, poised to serve as an anchor investor for promising pre-seed and seed-stage AI companies across the United States, with seasoned investors Kelly Graziadei and Joanna Lee Shevelenko at the helm.

Key Points

  • Perplexity AI is launching a $50 million venture fund focused on pre-seed and seed AI startups based in the U.S.
  • The company will operate as an anchor investor, but most of the capital is coming from outside limited partners.
  • The two general partners of the fund are Kelly Graziadei and Joanna Lee Shevelenko from early-stage fund f7 Ventures.

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