Since its founding in 2021, Openai Startup Fund has increased $ 175 million for his main fund And it secured an additional $ 114 million through five separate special purpose vehicles, which are investment groups for specific opportunities.
Unlike many large technology companies, Openai says it does not use company money for investment to newly established businesses. The Chatgpt manufacturer says the OpenAi starting fund is increased by external investors. This includes the participation of the important supporter of the Openai Microsoft, as well as the “other partners OpenAi”, according to the fund’s website.
The OpenAi Starting Fund, which manages a dedicated team, has so far invested in more than twelve newly established companies, according to Pitchbook Data Pitchbook and Crunchbase and TechCrunch research.
The following companies, organized alphabetically, announced the fund themselves.
1x: This Norwegian launch of humanoid robot increased $ 23.5 million in agreement led by the OpenAi Starting Fund and Tiger Global in early 2023.
Atmospheric Health Care: This start of medical points made available to AI announced a series of B of $ 70 million in February 2024, which co-co-co-ordinated by the Openai Fund and Kleiner Perkins. The atmosphere is among a series of newly established companies, such as Abridge, Nabla, Suki and Microsoft, which make AI medical offices.
Anysphere (also known as a runner): In October 2023, the Openai fund led the $ 8 million seed tour of anyone, the manufacturer of the AI encoding assistant. Openai has not been named as an investor in the next rounds of the company.
Chai Discovery: This startup, which develops a fundamental open source model for the discovery of drugs, set a $ 30 million in seeds Round led by Thrive Capital and the Openai Fund last September. The agreement has been defending the 6 -month chai discovery to $ 150 million.
Classmate: This Edtech boot put on a Round of $ 4 million seeds In 2023 from the Openai Fund and a large number of angels. It helps teachers provide quick, personalized feedback to their students.
Description: The Audio and Video Collaborative Platform brought $ 50 million to a C series of Cele, led by the Openai Fund, shortly after the introduction of Chatgpt at the end of 2022. Other investors in the round included Andreessen Horowitz, Redpoint Ventures, Spark Capital Gross. The descriptive has not mentioned other capital increases from the C.
AI Figure: The AI Robotics Startup Figure increased a B $ 675 million B in February 2024 by Nvidia, the Openai Fund, Microsoft and more. The round evaluated the company at $ 2.6 billion. Figure AI is now referring to talks to raise $ 1.5 billion in a $ 39.5 billion valuation.
Ghost Autonomy: This autonomous driving software manufacturer increased a series of $ 5 million in April 2023 and the Openai fund invested $ 5 million from it, according to Pitchbook data. But the investment didn’t work. A year later the company closed.
Harvey AI: This Legal Technology Starting set one Series of 21 million $ In April 2023 from the Fund of Openai and others. The fund also participated in next three rounds, including last month’s $ 300 million, which evaluated Harvey at $ 3 billion.
Heyo: Educational AI Chatbot for children Heyo has announced that it raised $ 3.5 million from the Openai Fund, Alexa Fund, Pear VC and other investors in August.
Kick: This company is developing AI agents who says that accounting procedures can “self-guide”. Set a one Seed of $ 9 million Round co-head from General Catalyst and the Openai Fund in October.
MM: This AI points launch set a round of $ 23.5 million in November 2022, led by the Openai Fund. The MEM has not mentioned any subsequent round of funding.
Milos: This start develops a personal assistant fueled by AI that helps parents organize and monitor their children’s activities. Milo set a Unbounded quantity of pre-seeds and seed funding From the Openai fund, the YC and more.
Physical Intelligence: Fundamental software for robot Starting Physical Intelligence set a Seed of 70 million $ Round last March. Openai’s fund was part of it and also participated in the company A row of 400 million $ This evaluated the company at more than $ 2 billion. Other investors in the last round included Lux Capital, Sequoia and Jeff Bezos.
Speak: This Language Learning Application Developer with AI raised a Series of 27 million $ Round in November 2022, led by the Openai Fund. In December, the Fund participated in Speak’s $ 78 million, which was awarded the company with $ 1 billion.
Thrive ai: Huffington Post Arianna Huffington’s founder and the Openai Startup Fund announced last July that they were working on the investment and building of this start of “AI Health Coach”. AI’s prosperity is targeting Increase $ 10 millionaccording to a regulatory deposit.
Integrate: This start -up of sales technology secured about $ 19 million in seed seeds and series A from the Openai Starting Fund, Capital and appearance.
