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Calibrate Ventures raises Fund II to invest in early-stage AI and automation companies

Calibrate Ventures has raised USD97 million in new funds for its second fund Calibrate II , which will partner with founders building the next generation of AI and automation companies. Fund II will build on the firm’s track record of investing in early-stage AI and automation startups rapidly transforming industries such as education, healthcare, logistics, law, financial services, manufacturing, and transportation.

Amid strong continued demand from limited partners, Calibrate Fund II is over 20 per cent larger than the firm’s fully-invested first fund, which backed many notable AI and automation leaders such as Built Robotics, Embodied, FarmWise, Soft Robotics, Talage, and TruckLabs. 

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