Group 1 - Redpoint Ventures has successfully raised its tenth early-stage fund with a total size of $650 million (approximately 4.686 billion RMB) [2] - The new fund attracted support from various well-known limited partners (LPs), including large institutional investors, family offices, and high-net-worth individuals, reflecting their trust in Redpoint's past performance and market resilience [2] - The fund will focus on key areas such as artificial intelligence and machine learning, enterprise software and SaaS, cloud computing and infrastructure, and healthcare technology and biotechnology [2] Group 2 - Since its establishment in 1999, Redpoint Ventures has managed over $3.4 billion in funds, including early-stage and growth funds, solidifying its position in the venture capital industry [2] - Redpoint Ventures remains active in investments and exits, participating in significant investment cases as it approaches 2025 [3] - The firm participated in the Series A funding round for AI legal tech company Eudia, which raised $105 million [4] - Additionally, Redpoint Ventures was involved in the Series B funding for medical device lifecycle data platform developer AcuityMD, which secured $45 million [5] - Recently, Redpoint Ventures achieved a successful exit through the sale of its investment in Next Insurance for $2.6 billion, resulting in substantial returns [5]