Printer giant Xerox has sunsetted Xerox Ventures, its corporate VC arm, in favor of anchoring a debut AI-focused fund from Myriad Venture Partners, a new firm spun out by former Xerox chief strategy officer Chris Fisher.
Fisher has brought with him two Xerox Ventures executives, Tim Chiang and Dean Mai, as Myriad co-founders. The fund held a $100 million first close, and is targeting a $200 million final close.,,,,more here
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