Investment firm Mayfield's two venture capital funds raised $955 million to invest in areas such as Web3

ChainCatcher news, investment firm Mayfield has completed fundraising of $955 million through two venture capital funds, which will invest in areas such as artificial intelligence, data economy, deep technology, and Web3. The two funds are Mayfield XVII, which has a size of $580 million, and Mayfield Select III, which has a size of $375 million.

It is reported that as of now, the total assets under management by Mayfield have reached $3 billion. Previously, Mayfield had co-invested in Web3 applications such as the NFT domain service provider Unstoppable Domains. (source link)