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Perplexity launches $50m fund for early-stage startups
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Perplexity launches $50m fund for early-stage startups

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Perplexity, known for its AI-driven search engine, is establishing a US$50 million investment fund focused on early-stage startups.

The fund will be primarily supported by limited partners, with a portion of the capital coming from funds raised for the company’s own growth.

In December 2024, Perplexity raised US$500 million at a valuation of US$9 billion.

The investment fund will be managed by Kelly Graziadei and Joanna Lee Shevelenko, general partners who co-founded the early-stage venture firm F7 Ventures in 2018.

Recent Perplexity developments

Timeline
25-Feb-2025 🌐 Perplexity to launch AI browser Comet
  • Perplexity plans to develop a new browser, Comet.
  • Sign-up opened; details on release are still pending.
16-Feb-2025 📊 Perplexity unveils ‘Deep Research’ for fast, in-depth AI
  • Perplexity launches ‘Deep Research’ feature.
  • Fast, detailed reports with PDF export options.
02-Feb-2025 ⚖️ Perplexity AI sued by software firm for trademark violation
  • PSS sues Perplexity AI for trademark infringement.
  • Lawsuit claims name use causes consumer confusion.
27-Jan-2025 🛡️ Perplexity’s new TikTok bid could give US gov’t 50% stake
  • Perplexity AI proposes 50% US government stake.
  • ByteDance must transfer key algorithms to US entity.
24-Jan-2025 🤖 Perplexity launches AI assistant to rival Siri, ChatGPT
  • Perplexity launches assistant feature for Android
  • Supports 15 languages; iOS version pending approval

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