Perplexity Launches $50m Seed and Pre-Seed Vc Fund
Perplexity, the developer of an AI-powered search engine, is raising a $50 million seed and pre-seed investment fund. The majority of the capital coming from limited partners will be used to anchor the fund and support the company's growth. Perplexity reportedly raised $500 million at a $9 billion valuation in December.
- This move highlights the growing importance of venture funds in supporting innovative startups, particularly those leveraging emerging technologies like AI.
- Will Perplexity's approach to using its own capital for investments set a new standard for venture fund management, or will other firms follow suit with their own strategies?