Altos Ventures raises $500 million for new fund, focusing on AI, blockchain and other technological innovations

Odaily News According to the US SEC documents, Altos Ventures has raised $500 million for its new fund, focusing on technological innovations such as artificial intelligence, cybersecurity, cloud computing and blockchain. Altos Ventures has invested in more than 250 companies, more than a dozen of which have gone public or been acquired by listed companies. Its investment portfolio includes South Korean e-commerce giant Coupang and gaming platform Roblox.