Insider Brief
- AIX Ventures announces a $202M second fund to invest in early-stage AI companies, aiming to lead more rounds and expand its investing team, focusing on AI applications and infrastructure that influence the future of work.
- The firm, founded by top AI practitioners and experienced investors, supports companies using AI to innovate and improve workplace collaboration and productivity, with a vision for AI to drive positive global change across various industries.
- AIX Ventures’ portfolio includes notable AI companies like HuggingFace and You.com, with the new fund enabling further support for founders advancing AI technology and shaping the future of work.
PRESS RELEASE — San Francisco/February 13, 2024/Written by the AIX Ventures Team — Two years ago, we launched AIX Ventures as a new kind of venture firm — one founded by some of the world’s top AI practitioners who work closely with an experienced investing team to provide entrepreneurs with deep company-building and AI expertise. We believe firmly that we need to be in AI day-to-day to understand our founders’ challenges and the technology they’re building. AI is simply moving too fast to be on the peripheral.
Today, we’re thrilled to announce our second fund of $202M to invest in early-stage AI companies. Fund II will enable us to lead more rounds and grow our Investing team. We’ll continue to partner with companies and founders who are using AI to transform how people and teams innovate, collaborate, and thrive in the workplace and beyond. With this fund, we’re particularly interested in AI applications and infrastructure that will shape the future of work for people in every field.
In our lifetimes, we’ll see AI disrupt every industry globally, from the workplace to healthcare, biotech to climate. But we’re just getting started. The companies being founded today and those coming tomorrow will need a strong network to help navigate the challenges and opportunities ahead. We believe AI can and should be a force for good. We see a world in which humans and machines will co-exist to create positive change in the world, and we’re building a deep community of top AI practitioners and aspiring founders who share our vision. From the initial idea to building an enduring company, we’re with our founders every step of the way — and for the long term.
Our current portfolio includes some of the most exciting names in AI today: HuggingFace, You.com, Weights & Biases, Perplexity, and Chroma, to name a few. With this larger fund, we can’t wait to empower more founders, the advancement of AI, and the future of work we’ll build together. Thank you to all of our founders, investors, and family members for your support.
Best,
The AIX Ventures Team
