TLDR:
- Myriad Venture Partners, a NYC-based early-stage venture firm, has launched with $100 million in initial capital commitments.
- The fund is focused on AI, clean technology, and enterprise B2B software.
- Xerox is the anchor investor and there is a new Advisory Council to pioneer collaboration across the venture ecosystem.
Myriad Venture Partners, an early-stage venture firm based in New York City, has announced its launch with $100 million in initial capital commitments. The fund will focus on investing in companies in the fields of artificial intelligence (AI), clean technology, and enterprise B2B software.
The anchor investor for the fund is Xerox. Additionally, Myriad Venture Partners has formed a new Advisory Council, which will work to pioneer collaboration across the venture ecosystem. This collaboration is aimed at bringing together different stakeholders in the venture industry to support the growth of innovative businesses in the sectors of AI, clean technology, and enterprise B2B software.
The launch of Myriad Venture Partners provides a significant boost to early-stage companies in these sectors, as they will now have access to substantial funding and support from experienced investors. This will enable them to develop and scale their businesses more effectively, ultimately leading to greater innovation and progress in the fields of AI, clean technology, and enterprise B2B software.
Overall, the launch of Myriad Venture Partners marks a positive development in the venture capital industry, particularly for companies in the AI, clean technology, and enterprise B2B software sectors. With $100 million in initial capital commitments and the support of Xerox, Myriad Venture Partners has the potential to make a significant impact on the growth and success of innovative early-stage companies in these industries.
