AI News & Artificial Intelligence

New $45M Fund Targets Next Gen Consumer AI Startups

London based early stage venture capital firm Creator Ventures has secured a fresh $45 million fund to fuel a new wave of AI powered consumer tech startups.

With this second fund, the firm’s total assets under management rise to $65 million, marking a significant step in its mission to support the future of consumer focused innovation.

$45M Boost: Creator Ventures Fuels AI Consumer Startups

Founded in 2022 by cousins Sasha Kaletsky and Caspar Lee, Creator Ventures targets startups at the preseed and seed stages, investing in consumer apps, digital marketplaces, creative tools, and AI enabled SaaS platforms.

The firm typically writes checks ranging from $200,000 to $2.5 million, and often takes a lead or co-lead role in funding rounds.

The new fund is backed by a lineup of high-profile institutional investors, including Sequoia Capital, Cendana Capital, Isomer Capital, and Vintage Investment Partners, all signaling strong confidence in Creator Ventures’ investment strategy.

The firm’s growing portfolio already includes standout names such as:

  • ElevenLabs, a voice AI company now valued at over $3.3 billion
  • Praktika, an AI powered language learning app
  • Beehiiv, a rising newsletter platform
  • Runna, a fitness app recently acquired by Strava

Sasha Kaletsky, Managing Partner at Creator Ventures, emphasized the long-term value in consumer innovation:

“Consumer spending represents the largest share of global GDP. Historically, the biggest tech giants Amazon, Meta, Google all started in the consumer space. Now, AI is opening the door to the next chapter of that story.”

With Fund II, Creator Ventures aims to continue backing bold founders using AI to reshape how people learn, create, connect, and consume in the digital world.

Mustafa IYITUTUNCU

Mustafa İYİTÜTÜNCÜ is the Founder of Webhakim.com, a platform dedicated to delivering the latest technology and artificial intelligence news. As a passionate writer and tech enthusiast, Mustafa personally contributes to the content, providing in-depth articles, insightful analyses, and the latest trends in the AI world. You can connect with him on LinkedIn.

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