Melinda French Gates' Pivotal Ventures has backed Magnify's $46.6 million Fund II to invest in AI companies transforming the care economy.

Magnify Ventures will deploy almost $100 million across the opportunity it calls the care economy.

Melinda French Gates' Pivotal Ventures has backed Magnify's $46.6 million Fund II to invest in AI companies transforming the care economy.

Early-stage firm Magnify Ventures has raised a $46.6 million Fund II from LPs including Melinda French Gates’ Pivotal Ventures

Magnify Ventures has raised $46.6 million for Fund II to invest in AI startups across the care economy, including childcare, ageing, money management, and fraud prevention.