Solo GP Ashley Smith launches second $25M fund for AI, security startups

Solo general partner Ashley Smith has launched a new investment fund. The fund is the second one created by Smith. It is sized at $25 million. The capital will be used to back early‑stage startups. Target sectors include artificial intelligence. Security technologies are also a focus. The announcement signals continued interest in tech‑driven ventures. Smith’s fund adds to the pool of capital available for emerging companies.