Chemistry is a venture capital fund founded by three former senior partners from Index, Bessemer, and a16z who built their firm around their existing working relationship and deliberately maintain an anti-scale philosophy with all three partners committing to every deal rather than building a large staff. Despite launching in 2024, the fund has already backed two unicorns (Decagon and Serval) among only five disclosed investments, focusing specifically on AI-first B2B infrastructure and applications rather than taking a generalist approach.
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