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Madrona Venture Labs announces $11M for pre-seed AI founders

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Madrona Venture Labs (MVL), a pre-seed startup incubator-of-sorts based in Seattle, Washington that bills itself as “an enterprise AI startup studio … for founders, by founders” has secured $11 million for its fifth fund, with a focus on empowering the next generation of AI founders.

The funding round was led by sibling firm, the mighty Seattle giant Madrona Venture Group, and saw…

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