Decart: AI Research Lab Company Raises $32 Million (Series A)

By Amit Chowdhry • Jan 6, 2025

Decart – an efficiency-focused AI research lab – announced it raised a $32 million Series A funding round led by Benchmark, with participation from existing investors Sequoia Capital and Zeev Ventures.

The company recently emerged and quickly gained viral attention with Oasis – its breakthrough AI video model featuring the world’s first real-time generative capabilities. After coming out of stealth a few months ago, Decart raised $53 million. It now focuses on developing additional foundation models to make once-impossible virtual experiences accessible to everyone.

Decart has created an AI infrastructure platform that enables organizations to train massive AI models at scale, improving efficiency tenfold while reducing training and inference costs.

After seeing early profitability and generating millions in revenue from enterprise customers before emerging from stealth mode, Decart is now developing its foundation models. And the company aims to help the AI consumer community create interactive, real-time experiences faster than ever.

This approach led to Oasis – the industry’s first real-time AI video game offering fully interactive and AI-driven worlds. And the launch (currently in demo form) exceeded all expectations, revealing the untapped potential of large-world models and reaching millions of users, with the first million unique users in just over three days.

Influencers and gamers have embraced this AI gaming platform, generating hundreds of millions of views across social media platforms. And the viral launch captivated investors, paving the path for this latest funding round less than a month after Decart emerged from stealth. In the past weeks, Decart has continuously developed the model, hitting significant improvements in video resolution quality and the model’s long-term memory.

With this new funding round, Decart will continue growing its team of experts, accelerating its mission to redefine how we experience AI in everyday life. And by pioneering next-generation generative AI models, the company also envisions a future where intelligent and real-time interactions become second nature, reshaping the way we connect with technology and each other.

KEY QUOTES:

“Decart brings imagination to life through efficient AI world models. We launched Oasis, a real-time user-generated game demo, and the response surpassed anything we could have predicted or prepared for. This enthusiasm has led us to double down on building the next generation of AI consumer experiences, and we cannot wait to see how these breakthroughs transform everyday interactions.”

– Dean Leitersdorf, CEO and co-founder of Decart

“Decart’s innovation makes AI generation not only more efficient but also more accessible for any type of user. By removing barriers to entry and significantly reducing costs, they are empowering a new wave of creativity and practical applications. We’re proud to join them on this journey as they redefine the possibilities of AI and its role in our everyday lives.״