GoKawiilNorwest closes $4B fund, its largest, to expand AI investments
Norwest, the Wells Fargo-backed venture firm, announced Thursday it has closed its 18th fund at $4 billion, the largest in its 65-year history. The firm said it will deploy the capital across the US, India and Israel, targeting AI startups in consumer, healthcare and tech, including physical AI, voice AI, agentic cybersecurity and aerospace.