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Bailey McCann, Opalesque New York:

San Francisco based Touring Capital, a newly launched AI-focused venture firm, has closed its first fund on $330 million.

Touring Capital was launched in 2023 by Nagraj Kashyap, Priya Saiprasad, and Samir Kumar who have all held previous leadership roles at other venture firms. The firm has also bolstered its team with the addition of Max Zhang as an associate, and rounded out its set of advisors with the addition of Sydney Meheula from Anthropic to join its existing advisory bench of Rajarshi Gupta, Ray Cao, and Abhi Kumar, all of whom have worked closely with the Touring team across prior funds.

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