Menlo Ventures and Anthropic have selected the first 18 startups for a $100 million fund.

Just five months after A was announced A new $100 million fund called the Anthology Fund, Menlo Ventures and Anthropic backed the first 18 startups. And they are looking for more.

Menlo says these top 18 were chosen from thousands of applicants. They include startups working on recruitment apps; autonomous coding; interpretable research (understanding how models make decisions); fintech compliance and tax applications; radiological image analysis and chart review programs; non-human identity cyber security; customer engagement program; and consumer nutrition program. Additionally, there are eight more accepted into the program, which is still under wraps. Menlo says.

This program is a typical enterprise startup program (eg The beginning of Nvidia or Microsoft for starters), an incubator where startups receive use loans and educational resources and attention and investment to build a company. The fund will write checks of $100,000 or more to startups — seed to Series B — and give them $25,000 worth of loans. Anthropic models.

Menlo is a major supporter of Anthropic, and the fund is also helping to be in the middle of the next big thing for future AI in 2025: a focus on new applications that run beyond and on top of basic models and AI infrastructure.

“We’re one of Anthropic’s biggest investors and we’re big fans of what they’re doing,” Menlo Ventures partner Tim Tully told TechCrunch in July when the program launched. “We thought this was an opportunity to do something together where we could see the ecosystem and find great companies that are building on Anthropic or AI more broadly.”