Svmuu News Robinhood (NASDAQ: HOOD)'s newly launched Robinhood Ventures Fund I (RVI) has completed its first batch of public investments, acquiring equity in Stripe and ElevenLabs respectively. According to the disclosed information, RVI's transactions completed in March include: purchasing approximately $14.6 million worth of Stripe shares (via secondary market transactions from existing holders) and investing $20 million in London-based AI company ElevenLabs (through a primary financing round directly injecting capital into the company). The fund has been trading on the New York Stock Exchange since March 6th, allowing retail investors to participate by buying and selling shares like ordinary stocks, gaining access to private equity opportunities traditionally reserved for institutional investors and high-net-worth individuals. The current portfolio includes companies such as Databricks, Revolut, Ramp, and Oura, with further expansion expected in the future. This investment marks Robinhood's continued strategic positioning in the fintech and AI private markets, providing early access opportunities for retail investors ahead of potential public listings. (CoinDesk)