Kleiner Perkins launches two new funds with $825 million and $1.2 billion

According to official news, the US venture capital firm Kleiner Perkins announced the establishment of its 21st venture capital fund KP21, with a scale of US$825 million to support start-ups; in addition, the company established its third selected fund KP Select III, with a scale of US$1.2 billion to support high-impact investments. Kleiner Perkins said: "With these new funds, our team's focus on enterprise software, consumers, healthcare, fintech and hard technology remains unchanged. Each field will be greatly accelerated by artificial intelligence. Industries such as healthcare, law, and finance that require humans to do low-level work and have slow software adoption will transform rapidly. New experiences and computing needs will bring opportunities for hardware and physical infrastructure. Today, imagination is the factor that constrains the future of technology."