A venture capital firm focused on artificial intelligence, clean technology, and B2B software, Myriad Venture Partners ("Myriad"), today announced the launch of the firm, which has raised $100 million in initial capital commitments from investors, including Xerox as the anchor investor. Myriad leverages its network of corporate titans and top-tier venture capitalists to build mutually beneficial partnerships with cutting-edge businesses and founders. The firm has set an investor goal of $200 million for Fund I.
In light of the decline in venture investment for early-stage startups around the world, the investment landscape is uniquely poised to deploy capital towards the next generation of leaders in the industry. Founded out of Xerox Ventures with a track record of success, Myriad brings decades of investment, strategy, and operational expertise, as well as a global network of investors and corporate partners that help entrepreneurs shape the future of business.
Our returns-driven investment model, backed up by our strategic network, is poised to have a significant impact on the early-stage startup ecosystem in a positive way. Myriad is dedicated to helping founders pioneer the next generation of business solutions in such areas as artificial intelligence, B2B software, and clean technology", commented Chris Fisher, Co-Founder of Myriad.. As a result of our extensive network of corporate partners, which includes our Advisory Council and network of venture capital co-investors, we are able to create a mutually-beneficial cycle of value and access that is mutually beneficial for both our strategic and financial partners as well as portfolio companies.
As a result of our extensive network of corporate partners, which includes our Advisory Council and network of venture capital co-investors, we are able to create a mutually-beneficial cycle of value and access that is mutually beneficial for both our strategic and financial partners as well as portfolio companies.
Founded by Chris Fisher, the former senior vice president of Xerox Corporation and chief strategy officer, as well as the founder and managing partner of Xerox Ventures, as well as former Xerox Ventures executives Tim Chiang and Dean Mai, Myriad intelligently employs its network of industry partners and portfolio companies in order to enhance the broader ecosystem.. By guiding relevant companies to its strategic and financial partners, the firm enables them to achieve long-term and enduring value creation by investing only in high-quality companies that meet its criteria for long-term and enduring growth
By guiding relevant companies to its strategic and financial partners, the firm enables them to achieve long-term and enduring value creation by investing only in high-quality companies that meet its criteria for long-term and enduring growth

Source prnewswire