Section 32 closes on $525M fund, says there is ‘a zone of commoditization that you have to avoid while investing in AI’

TechCrunch
By Mary Ann AzevedoOct 5, 2023, 9:03 am166 pts
Section 32, a venture firm founded by ex-Google Ventures CEO Bill Maris, has closed on $525 million in capital commitments across its fifth fund, TechCrunch is first to report. A portion of the capital will go toward early-stage investments, while the remaining will be reserved for follow-on opportunities.…

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