The House Fund turbocharges AI research at UC Berkeley by amassing a $12M fund in a mere 7 days.
Forget about the tortoise and the hare, this story is all about a financial powerhouse that has turned the traditional fundraising timeline on its head. The House Fund, always on the prowl for promising investments, took a daring leap to underwrite the future of artificial intelligence at their beloved University of California, Berkeley.
In a fundraising feat as impressive as it was whirlwind, The House Fund amassed a staggering $12 million in a mere seven days. The fund was set in motion with the sole aim of revving up the pace of AI research at UC Berkeley, a globally renown institution standing at the vanguard of tech innovation.
Impressive in both scale and pace, The House Fund’s $12 million raise has clearly sent ripples across the venture capital landscape. It underscores a heightened sense of urgency in funding AI technologies of the future and a compelling trust in UC Berkeley’s role as a visionary player in the tech world. This strategic move by The House Fund could indeed be a harbinger of a new trend in the VC world, where speed meets opportunity.
- •The House Fund raises $12M fund in 7 days to boost UC Berkeley AI research pitchbook.com16-04-2025