Thursday, 6 July, 2023
Notion Raises €300M for Fifth Fund, Expresses Caution Towards Big Rounds in Generative AI Startups
Notion, a venture capital firm, has successfully raised €300 million for its fifth fund. However, the firm remains skeptical about large funding rounds in generative AI startups. Despite the hype surrounding AI technology, Notion emphasizes the importance of evaluating the practicality and real-world impact of such ventures. The firm's cautious approach reflects its focus on supporting startups with tangible value propositions and sustainable growth potential.