Artificial intelligence search engine development company Perplexity has attracted widespread attention recently, and according to CNBC, the company is raising a seed and former seed investment fund with a scale of $50 million. The fund's capital comes mainly from limited partners, and Perplexity also uses some of the funds obtained from previous financing as the cornerstone. It is worth noting that in December last year, Perplexity successfully completed a $500 million financing, causing its valuation to soar to $9 billion, an achievement that further consolidates its leading position in the field of artificial intelligence.
The investment fund is run by two experienced general partners Kelly Graziadei and Joanna Lee Shevelenko. They co-founded early stage investment company F7 Ventures in 2018 and achieved remarkable results in startups in areas such as women's health, such as investments in Midi. It is unclear whether they will continue to manage F7 Ventures or put all their energy into Perplexity's venture capital funds. This decision may have a significant impact on the future direction of the two companies.
Unlike Perplexity's approach, another artificial intelligence giant, OpenAI, also manages an investment fund called OpenAI Startup Fund. However, OpenAI made it clear that its investment funds do not use the company's own capital to invest, but support startups through external funds. This differentiated strategy reflects the unique positioning and strategic choices of different companies in the venture capital field.
Key points:
Perplexity is actively raising $50 million in seed and former seed investment funds, part of which comes from the company's previous financing. This move not only demonstrates the company's ambitions in the field of artificial intelligence, but also provides strong financial support for its future technology research and development and market expansion.
The fund is managed by F7 Ventures founders Kelly Graziadei and Joanna Lee Shevelenko. Their rich experience and success stories provide guarantees for the successful operation of the fund, and also injects new vitality into the further development of Perplexity.
Although OpenAI also has its own investment fund, its investment strategy is completely different from that of Perplexity. OpenAI does not rely on its own capital to invest, but supports startups through external funds. This model provides diversified support for the innovation ecosystem in the field of artificial intelligence.