Scribble Ventures Closes Its Third Fund at 80 Million Dollars to Invest in Early Stage AI Startups Based in Portola Valley California

Scribble Ventures Closes Its Third Fund at 80 Million Dollars to Invest in Early Stage AI Startups Based in Portola Valley California

In the ever-evolving world of venture capital, Scribble Ventures just hit a major milestone.

This Portola Valley-based early-stage VC firm recently closed its third fund, raising a solid $80 million to back the next wave of innovative startups.

A Visionary Founder Leading the AI Charge

Elizabeth Weil, the founder and driving force behind Scribble Ventures, has carved out a unique space in the investment landscape.

The firm specializes in supporting AI-native startups, especially those at the pre-seed and seed stages.

They’re known for writing initial checks up to $1.5 million to companies with groundbreaking ideas and a strong proprietary data advantage.

Investing in the Future of AI Across Multiple Sectors

Scribble Ventures isn’t just about generic AI investments—they’re focused on startups building next-generation AI applications.

This includes fields like robotics, fundamental science, and AI-powered solutions that span personalized medicine, education, urban infrastructure, programmable biology, and more.

The firm takes a broad approach, betting on transformative technologies that have real-world impact.

Growing Assets and Expanding Opportunities

With over $215 million in assets under management, including their breakout fund, Scribble Ventures is well-positioned to continue fueling the growth of promising startups.

Their capital and expertise allow them to support companies ready to scale and make a difference.

The Team Behind the Success

Alongside Elizabeth Weil, the Scribble team features key players like Partner John Smothers, Operating Partner Christen O’Brien, and Operator-in-Residence Kevin Weil.

Together, they bring a blend of investment savvy and operational know-how that helps portfolio companies thrive.