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5 articles summarized · Last updated: LATEST

Last updated: June 23, 2026, 5:30 PM ET

Venture Capital & Buyouts

Menlo Ventures closed a $3 billion fund, its largest ever, to fuel AI startups from seed to growth stages. The firm's strong reputation in AI investing, particularly a significant $750 million bet on Anthropic, underpins this capital raise. In parallel, Teleo Capital has acquired Modersys, a pharmaceutical manufacturing intelligence platform, from Applied Materials, Inc. . Meanwhile, Mangrove Equity launched its new platform, Peak Pavement Group, by integrating HD Sealcoating & Paving Solutions and Maintain It All. Acorn Capital is also set to divest Berry Aviation to Bristow Group for $105 million.