Union Square Ventures increases fund size to $900 million to focus on AI investments

Oct 8, 2026

AI Summary

Union Square Ventures has raised $900 million to enhance its investment capabilities in the AI sector. This includes $500 million designated for an early-stage fund, while the firm is also reducing its general partnership to four members.

Union Square Ventures, based in New York City, has nearly doubled its core fund size to $900 million.
The new funding includes $500 million allocated for an early-stage fund focused on AI investments.
The firm is streamlining its general partnership, reducing the number of investors to four, which includes Nick Grossman.

venture capitalfundraisingai investmentstartupsunion square ventures

Union Square Ventures increases fund size to $900 million to focus on AI investments

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