According to Businesswire, TheoryVenture, a venture capital firm focused on early-stage software investments in the fields of data, artificial intelligence, and Web3, announced that its second fund has raised $450 million, following the launch of its first $238 million fund in April 2023. The new fund will further expand its support for innovators. The new fund will focus on three areas: data analysis, artificial intelligence as a new platform, and decentralized infrastructure as a database. Since launching its first fund, Theory has led investments in companies such as Context.ai, Initia, Superlinked, and TobikoData, and has opened a new office in San Francisco. @fyoung

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