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Perplexity , the developer of an AI - power hunt engine , is raise a $ 50 million seed and pre - seed investment fund , CNBC report . Although the bulk of the majuscule is coming from limited partners , Perplexity is using some of the upper-case letter it raised for the company ’s growth to anchor the fund . Perplexity reportedly raised$500 millionat a $ 9 billion valuation in December .
Perplexity ’s monetary fund is managed by cosmopolitan partner Kelly Graziadei and Joanna Lee Shevelenko , who in 2018 co - found an early - stage venture business firm , F7 Ventures , according to PitchBook data . F7 has adorn in startup like women ’s health companyMidi . It ’s not absolved if Graziadei and Shevelenko will continue to run F7 or if they will sharpen all their energies on Perplexity ’s venture store .
OpenAI also manages an investment funds fund known as the OpenAI Startup Fund . However , unlike Perplexity , OpenAI claims itdoes not practice its own capitalfor these investments .
