London’s Air Street Capital has raised a $232 million Fund III with eyes set on backing early-stage AI companies across Europe and North America, the firm announced Monday. Check sizes will range from $500,000 to $15 million, with select growth investments reaching up to $25 million. Led by Nathan Beniach, this raise makes Air Street one of Europe’s largest solo VC funds . It’s already backed notable AI unicorns like Black Forest Labs and ElevenLabs, and has seen exits from companies like Adept…
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