LIGHTSPEED'S AI INVESTOR MIGNANO JOINS USV

Mignano departs Lightspeed Venture Partners to take a position at Union Square Ventures, the New York-based investment firm. At Lightspeed, Mignano built a track record backing consumer-facing artificial intelligence companies, a sector that has attracted significant capital and attention over the past two years. The transition marks another personnel shift among top venture firms as they position themselves for continued AI investment. Union Square Ventures has been active in early-stage technology investments and joins other VC firms in building dedicated AI expertise. Mignano's departure from Lightspeed comes as the venture capital industry continues consolidating talent around artificial intelligence opportunities. Both established firms and new entrants are competing to secure investors with proven judgment in the rapidly evolving sector.