Deals
Snowflake Backer Wing Closes $600 Million AI-Focused Fund
- Wing to invest in artificial intelligence serving businesses
- Firm has invested in Cohesity, Gong, Pinecone, Shape Security
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Early stage investor Wing Venture Capital has closed a $600 million fund to back startups focused on artificial intelligence.
The Palo Alto, California-based firm will use money from the fund to continue to invest in companies that develop AI tools with a business use case, founding partner Peter Wagner said in an interview.