Bessemer Venture Partners said on September 23 it has raised $5.75 billion across two funds, TechCrunch reported. It dedicated $1.75 billion to seed and early-stage investing and $4 billion to growth startups.
The firm co-led EliseAI's $350 million round the same week. Large funds are concentrating on AI at the same time that the biggest rounds are going to a small number of companies.
Source: TechCrunch