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Union Square Ventures Doubles Fund Size for the AI Era

Bloomberg Technology Thursday 08 October 2026, 17:57 UTC 1 min read
Key Points

Bloomberg Tech Oct 8th, 2026 Union Square Ventures Doubles Fund Size for the AI Era New York City-based venture firm Union Square Ventures is reinventing itself to better compete in the AI race by nearly doubling the size of its core fund, raising $900 million in new money, including $500 million for its latest early-stage fund. The firm is also whittling down its general partnership to just four investors - including Nick Grossman. He joins Ed Ludlow on "Bloomberg Tech."

Bloomberg Tech Oct 8th, 2026 Union Square Ventures Doubles Fund Size for the AI Era New York City-based venture firm Union Square Ventures is reinventing itself to better compete in the AI race by nearly doubling the size of its core fund, raising $900 million in new money, including $500 million for its latest early-stage fund. The firm is also whittling down its general partnership to just four investors - including Nick Grossman. He joins Ed Ludlow on "Bloomberg Tech."
Union Square Ventures Doubles Fund Size (ORG) AI Era Bloomberg Tech (ORG) the AI Era New York City (ORG) Union Square Ventures (ORG) AI (ORG) Nick Grossman (PERSON) Ed Ludlow (PERSON) Bloomberg Tech (ORG)
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