“AI expertise of the highest caliber is a rarity, and we are thrilled that many of the premier innovators in the field are leaders of the companies in our portfolio.” – Andy Harrison, Managing Partner and CEO of Section 32.

Section 32 (“S32”) has successfully closed Fund 5, an oversubscribed investment pool totaling $525 million. This fund is earmarked to support and expand companies pioneering cutting-edge technologies. In alignment with S32’s legacy, Fund 5 will focus on backing companies that are pushing the boundaries in software and artificial intelligence (AI). The aim is to facilitate new capabilities and significant performance enhancements in various sectors, including enterprise software, cybersecurity, data infrastructure, gaming, fintech, precision medicine, and computational biology.

S32’s Managing Partner and CEO, Andy Harrison, said S32 was committed to investing in visionary entrepreneurs who “bring the future to life” by driving disruptive and impactful innovations.

Leveraging its Google (NASDAQ: GOOGL) lineage, S32 is uniquely positioned to catalyze the next wave of AI-driven transformation. Many of the companies in S32’s portfolio have ties to Alphabet, with notable examples such as Cohere, Inceptive, Exai Bio, BigHat Biosciences, and Phaidra, all founded or led by individuals with backgrounds in Google’s transformative advancements in software and AI. (Businesswire)

Wesley Tillu, previously a Senior Principal, has been promoted to Partner at Section 32. Wesley’s experience includes roles at In-Q-Tel, Google, GIC, and Merrill Lynch. Wesley has been instrumental in sourcing notable investments for S32, serving on the Board of Directors of Inworld and as a board observer at Phaidra. He has also expanded S32’s research capabilities and strengthened its partnerships within the entrepreneurial community and top-tier venture capital firms.

S32, a prominent venture capital company, leads the way in technology investment. Its core mission is to expedite the exploration, advancement, and dissemination of groundbreaking technologies aimed at improving the human experience. The investment scope of the firm encompasses a broad range of technology fields, such as artificial intelligence, enterprise software, cybersecurity, fintech, quantum computing, computational biology, and biotechnology.

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