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    By Tony O. Lawson San Francisco-based venture capital firm Base10 Partners has raised $850 million in new capital. Co-founded by Adeyemi Ajao and TJ Nahigian, the firm is known for investing in companies that apply AI and automation to industries such as logistics, financial services, transportation, and operations. Base10 Partners launched its first fund in 2018 around a thesis many investors considered too narrow. When Ajao described the firm as focused on Applied AI for the Real Economy, limited partners pushed back on the framing. Base10 ultimately marketed the strategy as Automation for the Real Economy, but the underlying thesis remained

    The post Base10 Raises $850M, Reaches $2.6B AUM on Applied AI Thesis appeared first on SHOPPE BLACK.

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