14.8 C
Los Angeles
Wednesday, March 26, 2025

Evroc Secures $55M to Build a Sovereign Hyperscale Cloud for Europe

Amid growing calls for a sovereign European...

Meet Leitmotif: The New VC Firm Secretly Backed by Volkswagen

A new venture capital firm called Leitmotif...

Project Liberty and Solid: A Potential Collaboration for a More Open Web

Two major open web initiatives—Project Liberty and...

The OpenAI Startup Fund has backed a diverse range of companies, particularly in AI-driven healthcare, robotics, legal tech, and education. Some notable investments include:

BusinessThe OpenAI Startup Fund has backed a diverse range of companies, particularly in AI-driven healthcare, robotics, legal tech, and education. Some notable investments include:

AI & Robotics

Figure AI: Raised $675 million in February 2024 from OpenAI’s fund, Microsoft, and Nvidia. It is now reportedly in talks for a $1.5 billion round at a $39.5 billion valuation.

1X: A Norwegian humanoid robotics startup that raised $23.5 million in 2023, led by OpenAI’s fund and Tiger Global.

Physical Intelligence: Raised $70 million in seed funding and later secured a $400 million Series A, valuing the company at over $2 billion.

Healthcare & Biotech

Ambience Healthcare: An AI medical scribe startup that secured $70 million in a Series B co-led by OpenAI and Kleiner Perkins.

Chai Discovery: A biotech company developing AI for drug discovery, raising $30 million at a $150 million valuation in 2023.

Thrive AI: An AI health coach startup launched in partnership with Arianna Huffington.

Legal & Business AI

Harvey AI: A legal AI startup that raised $300 million in a Series D round, valuing it at $3 billion.

Kick: A bookkeeping automation company that secured $9 million in funding in 2023.

Education & Productivity

Speak: An AI-powered language learning app, valued at $1 billion after raising $78 million in Series C funding.

Class Companion: An AI tutoring tool that raised $4 million.

Heeyo: A kid-friendly AI chatbot that secured $3.5 million in funding.

Mem: An AI note-taking startup that raised $23.5 million in 2022.

Other Investments

Descript: A collaborative audio/video editing platform that raised $50 million in 2022.

Unify: A sales AI startup that secured $19 million in funding.

Some investments didn’t succeed, such as Ghost Autonomy, a self-driving software startup that shut down after OpenAI’s $5 million investment.

These investments highlight OpenAI’s focus on AI applications across industries, particularly automation, education, and healthcare.

Check out our other content

Check out other tags:

Most Popular Articles