Sriram Krishnan Targets $500M for New AI Venture Fund
Sriram Krishnan, who advised President Donald Trump on AI policy before leaving the White House in June, is raising a venture fund. The fund is targeting about $500 million for growth- and later-stage AI companies. Krishnan would be the sole general partner.
Sriram Krishnan is seeking about $500 million for a new venture fund aimed at growth- and later-stage AI companies. He would be the fund’s only general partner. The effort follows his time advising President Donald Trump on AI policy, a role he left in June. The target places the fund in the part of venture capital that typically backs companies beyond the earliest startup stages, though the summary offers no further details on investors, timing, or portfolio.
If raised, a fund of this size could channel more capital into mature AI firms, potentially accelerating product deployment and market consolidation. That may affect workers, consumers, and smaller startups through changed access to AI tools and competition. Krishnan’s policy background could shape how portfolio companies navigate regulation, though the fund’s actual influence would depend on investments not yet disclosed.