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Since its founding in 2021 , OpenAI Startup Fund has raised$175 million for its independent fundand secured an additional$114 millionthrough five separate special purpose vehicle , which are investment pools for specific opportunities .
Unlike many goodly tech companies , OpenAI says itdoesn’t employ the company ’s money to investin inauguration . The ChatGPT Lord say its OpenAI Startup Fund is raised from outside investor . This includes involvement from significant OpenAI backer Microsoft , as well as “ other OpenAI partners , ” according to the fund ’s website .
The OpenAI Startup Fund , which is managed by a consecrate team , has so far indue in over a 12 inauguration , accord to data point providers PitchBook and Crunchbase and TechCrunch ’s research .
The following society , direct alphabetically , have themselves announced investment from the fund .
1X : This Norwegian mechanical man robot inauguration raised$23.5 millionin a trade led by the OpenAI Startup Fund and Tiger Global in early 2023 . However , OpenAI ’s investment firm was n’t named as a player in the company when it foretell its$100 million Series Bin January .
Ambience Healthcare : This Bradypus tridactylus - power aesculapian musical note - taking startup announced a$70 million Series Bin February 2024 , co - led by OpenAI ’s investment trust and Kleiner Perkins . Ambience is among a numeral of startup , including Abridge , Nabla , Suki , and Microsoft - possess Nuance , that are building AI aesculapian scribbler .
Anysphere ( aka Cursor):In October 2023 , OpenAI ’s fund led the$8 million seedround into Anysphere , the Lord of AI - power rally assistant Cursor . OpenAI has n’t been call as an investor in the society ’s subsequent rounds .
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Chai Discovery : This startup , which is developing an assailable source AI foundational model for drug uncovering , raised a$30 million in seedround led by Thrive Capital and OpenAI ’s store last September . The deal appraise the 6 - month - previous Chai Discovery at $ 150 million .
Class Companion : This edtech startup resurrect a$4 million seed roundin 2023 from OpenAI ’s fund and a host of Angel . It helps teachers provide quick , personalized feedback to their students .
Descript : The collaborative audio and telecasting redaction platform raised$50 million in a Series C roundled by OpenAI ’s fund shortly after ChatGPT was introduced to the world in previous 2022 . Other investors in the rung included Andreessen Horowitz , Redpoint Ventures , Spark Capital , and ex - Y Combinator partner Daniel Gross . Descript has n’t reported any other chapiter raises since its Series C.
Figure AI : AI robotics startup Figure raise a$675 millionSeries B in February 2024 from Nvidia , OpenAI ’s fund , Microsoft , and others . The round value the company at $ 2.6 billion . form AI is nowreportedly in talksto advance $ 1.5 billion at a $ 39.5 billion valuation .
Ghost Autonomy : This Lord of autonomous drive software conjure up a $ 55 million Series E in April 2023 , and OpenAI ’s investment trust invested $ 5 million of that , according to PitchBook data point . But the investment did n’t work out . A year later thecompany close down .
Harvey AI : This legal tech startup raised a$21 million Series Ain April 2023 from OpenAI ’s fund and others . The fund also participated in three subsequent bout , include last month ’s $ 300 million Series D , which treasure Harvey at$3 billion .
Heeyo : Educational AI chatbot for kids Heeyo announced that it raised$3.5 millionfrom OpenAI ’s investment firm , Alexa Fund , Pear VC , and other investor in August .
Kick : This troupe is develop AI factor that it says can “ self - drive ” bookkeeping processes . It raised a$9 million seedround conscientious objector - lead by General Catalyst and OpenAI ’s fund in October .
Mem : This AI - powered musical note - taking inauguration raised a$23.5 million Series Around in November 2022 , led by OpenAI ’s fund . Mem has n’t report any subsequent financing round of drinks .
Milo : This inauguration is developing an AI - power personal help that help parents direct and keep track of their kids ’ activities . Milo kick upstairs anundisclosed amount of pre - come and seed fundingfrom OpenAI ’s fund , YC , and others .
Physical Intelligence : Foundational software for robots startup Physical Intelligence raised a$70 million seedround last March . OpenAI ’s fund was part of that and also participated in the company’s$400 million Series Athat valued the troupe at more than $ 2 billion . Other investor in the in vogue rhythm include Lux Capital , Sequoia , and Jeff Bezos .
Speak : This artificial intelligence - powered language learning app developer raise a$27 million Series Bround in November 2022 , lead by OpenAI ’s investment company . In December , the fund participate in Speak’s$78 million Series C , which treasure the company at $ 1 billion .
Thrive AI : Huffington Post laminitis Arianna Huffington and OpenAI Startup Fund announced last July that they teamed up oninvesting and buildingthis “ AI health coach ” inauguration . Thrive AI get toraise $ 10 million , according to a regulatory filing .
Unify : This sales technology startup batten down about$19 million in seed and Series Acapital from the OpenAI Startup Fund , Thrive Capital , and Emergence .
