Seligman Doubles Venture Capital to $1 Billion

Seligman Ventures has doubled its deployable capital to one billion dollars following strong interest in artificial intelligence hardware. The firm has invested over three hundred million dollars across fourteen deals and plans several new investments.

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Seligman Ventures' team, CFO Eddie Ackerman, Managing Partner Umesh Padval, and Managing Partner Ashish Kakran, pose for a photo in Menlo Park, California, US, July, 2026. Michael Zucconi/Handout via REUTERS

Seligman Ventures doubled its deployable venture capital to $1B during late morning on Monday, betting physical AI bottlenecks will fuel tech's next wave. The firm launched with $500M in February 2026 and has deployed $300M across 14 investments. The expansion targets hardware-heavy infrastructure as software returns slow across the United States and Canada markets.

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