Anthology Fund

Anthology Fund is an investment firm.

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Updated: Mar 14, 2026 ·

About

Anthology Fund is a $100 million investment fund established through a partnership between Menlo Ventures and Anthropic. Launched in 2024, its primary objective is to invest in and support early-stage AI startups. The fund aims to identify and back companies that are developing advanced artificial intelligence technologies and are positioned to influence the future of the AI landscape.

The collaboration leverages the venture capital expertise of Menlo Ventures with the AI insights of Anthropic, a generative AI startup. This strategic alliance is designed to provide capital and resources to a new generation of AI pioneers, fostering innovation within the artificial intelligence sector.

Financial History

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Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Feb 3, 2026	Phylo	$13.5M Seed	Andreessen Horowitz, Anthology Fund	Conviction, SV Angel, Valkyrie, Zetta Venture Partners

Financial History

Total Raised

N/A

Valuation

N/A

Deep Dive

Anthology Fund was created in 2024 as a $100 million investment vehicle, formed through a strategic partnership between Menlo Ventures and Anthropic. The fund's mission is to identify and support cutting-edge artificial intelligence startups that are pushing the boundaries of AI development and innovation. This initiative combines Menlo Ventures' experience in venture capital with Anthropic's deep expertise in generative AI.

The fund's establishment was publicly announced in July 2024, with a clear focus on fueling the next generation of AI companies. Its creation reflects a commitment from both founding partners to invest in the foundational technologies and applications that will shape the future of artificial intelligence across various industries.

Anthology Fund targets companies that are developing novel AI solutions, from foundational models to specialized applications. The investment strategy is centered on providing capital to promising ventures that demonstrate potential for significant impact and growth within the rapidly evolving AI ecosystem.

Since its inception, the Anthology Fund has actively built its portfolio. As of a recent update, the fund has expanded to include over 45 companies, with 12 new additions in a single quarter. This growth indicates a continuous effort to back a diverse range of AI innovators and contribute to the advancement of the field.

Sources

Frequently Asked Questions

Who are the primary partners behind the Anthology Fund?

The Anthology Fund was established as a strategic partnership between Menlo Ventures, a venture capital firm, and Anthropic, a generative AI startup.

Frequently Asked Questions

Who are the primary partners behind the Anthology Fund?

The Anthology Fund was established as a strategic partnership between Menlo Ventures, a venture capital firm, and Anthropic, a generative AI startup.