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Union Square Ventures Doubles Fund Size, Shrinks Team for AI Era

Takeaways by Bloomberg AINew York City-based venture firm Union Square Ventures is reinventing itself to better compete in the artificial intelligence race by nearly doubling the size of its core fund and whittling down its general partnership to just four investors.The firm has raised $900 million in new money, including $500 million for its latest early-stage fund, the partnership plans to announce Thursday. It’s a big jump for USV, which last raised $275 million in early-stage funds in 2024....

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