Euro VCs welcome Balderton’s fresh $1.3B but grumble about Europe’s AI misses

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Balderton Capital — one of the older, larger, European VCs noted for investing in Revolt and Wayve — has raised a fresh $1.3 billion in total, spread across two funds. Its Early Stage Fund IX will get $615 million, and its Growth Fund II will get $685 million. The news was greeted with cautious optimism by the VCs TechCrunch spoke with. 

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