Seattle VC firm Ascend closes $17M fund to back ‘Third Act’ startups… | HappeningNow.news

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Seattle VC firm Ascend closes $17M fund to back ‘Third Act’ startups in physical AI and hardware

Ascend, a venture firm that writes early checks into startups such as Overland AI and Endurance Energy, closed a $17 million third fund and landed its first institutional investor, FirstLook Partners.

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Ascend, a venture firm that writes early checks into startups such as Overland AI and Endurance Energy, closed a $17 million third fund and landed its first institutional investor, FirstLook Partners. The fund will back companies building robots, energy systems, defense technology and other physical products that run on AI.

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