Venture capital is bifurcating: AI is attracting dedicated growth-stage capital while broader startup funding faces headwinds.
Evidence For
Intrepid Growth Partners launched a $525 million fund specifically for AI founders in Canada, the UK, the US, and Europe, targeting companies that "fundamentally redesign how their industries work." The firm, backed by former CPPIB and OMERS executives, has already deployed into nine portfolio companies including PhysicsX and...
