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Search resuls for: "Vijay Reddy"


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In July, the firm announced its first dedicated seed fund focused on AI called AI Start. Prior to launching AI Start, Mayfield had already backed 25 early-stage startups in the space like MindsDB. Reddy's background makes him a perfect fit to lead the $250 million fund, Chaddha told Business Insider. This year, Chaddha tapped him to lead its new AI seed fund. With the AI Start fund, the team plans to double down and lead deals in seed stage and pre-seed generative AI startups, as well as AI infrastructure startups with an enterprise focus.
Persons: Mayfield, Vijay Reddy, who's, Reddy, Navin Chaddha, Mayfield's, Chaddha, He's Organizations: Business, Intel Capital, Cisco, Clear Ventures, Mayfield Locations: Mayfield
The longtime VC firm just announced a new $250 million seed fund focused on AI. In tough economic times, the firm's leader, Navin Chaddha, believes it's a prime time to invest. That has essentially been Navin Chaddha's mantra since he took over the reins at venture-capital stalwart Mayfield Fund in 2009. With a dedicated $250 million AI seed war chest, Mayfield is now prepared to lean in even more. "We believe that AI will emerge as our teammate and that the Gen.AI wave will create many iconic companies," Chaddha said in a press release.
Persons: Mayfield, Navin Chaddha, it's, Navin, that's, Chaddha, – who's, Forbes, , Vijay Reddy, Reddy Organizations: VC, Mayfield Fund, Mayfield, Tiger, Insight Partners, Clear Ventures, Intel Capital, Wing Venture Locations: Bessemer, Sequoia
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