Tola Capital, investing in AI-enabled enterprise software, closes largest fund at $230M

Tola Capital, investing in AI-enabled enterprise software, is the latest venture capital firm to announce its new fund, securing $230 million in capital commitments for its third fund, raising the largest amount to date.
It’s been a great couple of weeks for new VC funds. Tola joins firms like NXTP, Saviu Ventures, Kinterra Capital, Riverwood Capital, Twelve Below, SEVA, Ballistic Ventures, Founders Fund and Avra in raising funds with some significant capital behind them.
Despite that lengthy list, most VCs say this past year’s fundraising environment was a tough one. However, with the massive interest in all things artificial …
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