AIX Ventures Team – a venture firm 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 – announced a second fund of $202 millionto invest in early-stage AI companies. Fund II will enable the firm to lead more rounds and grow the investing team.
The company will 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. Through this fund, AIX is particularly interested in AI applications and infrastructure that will shape the future of work for people in every field.
KEY QUOTES:
“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.”
- AIX co-founder and You.com founder Richard Socher
