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Solo GP Ashley Smith announces second $25M fund to back startups in AI, security and more

Ashley Smith's Vermilion Cliffs Ventures has closed its second $25 million fund, continuing its focus on technical founders in AI infrastructure, security, and developer tools. Building on her previous $13 million debut fund, Smith leverages her operational background to help early-stage startups refine their go-to-market strategies.

Background

The venture capital landscape is seeing a rise in solo General Partners, particularly among women, who leverage specific operational expertise to support niche technical sectors. This trend highlights a shift towards specialized, founder-centric investment models rather than broad-spectrum funding.

Source
TechCrunch
Published
Jul 8, 2026 at 11:00 PM
Score
5.0 / 10