Inaugural Fund Unveiled by Former Xerox Ventures Executives at Myriad Venture Partners
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After working together at Xerox Corp.’s corporate venture capital firm Xerox Ventures, Chris Fisher, Tim Chiang and Dean Mai form Myriad Venture Partners.
They secured $100 million in capital commitments for their first fund, which targets $200 million in total, Fisher told TechCrunch.
Fisher is the former senior vice president and chief strategy officer of Xerox and former founder and managing partner of Xerox Ventures, a firm started in 2021.
This is something he is already seeing happening at companies through R&D, expansion and spending across AI software, including ChatGPT.
“With Xerox Ventures as an internal firm, the ability to scale wasn’t there.