The young San Francisco firm is skipping the loudest layer of the AI boom. Its wager is that the durable money will be made by software that fixes costly, stubborn work.
The Boston firm is trying to prove that a venture fund can stay institutional, stay hands-on and still widen the door. Its method is unusually finite: three technical sectors, a 12-to-15-company portfolio and more contact than a quarterly board meeting.
Greenfield Partners, a TPG spinout running about $1 billion out of Tel Aviv and New York, invests at the exact moment most startups stall - and treats the climb from Series B to scale as an engineering problem, not a leap of faith.