Summary:
Air Street Capital, based in London, has raised a $232 million Fund III, making it one of the largest solo VCs in Europe. The fund is aimed at supporting early-stage AI companies in Europe and North America.

Bullet Points:
– Air Street Capital’s Fund III amounts to $232 million, solidifying its position as a major solo VC in Europe.
– The fund is focused on providing backing to early-stage AI startups in both Europe and North America.
– London-based Air Street Capital is now positioned to be a key player in supporting the growth of AI companies in the two regions.

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