
Seattle VC firm Ascend closes $17M fund to back ‘Third Act’ startups in physical AI and hardware
Seattle venture firm Ascend closed a $17 million third fund and landed its first institutional investor, FirstLook Partners, in what founder Kirby Winfield calls the toughest market for small VC firms in 15 years. Fund III will back early-stage physical AI startups building robots, energy systems and defense technology.
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