Investments
31Portfolio Exits
1Funds
2Latest Betaworks Ventures News
Jul 14, 2023
Nomic AI , an AI explainability and accessibility startup, raised $17m in Series A funding. The round was led by Coatue with participation from Contrary Capital, Betaworks Ventures, SV Angel, Story Ventures, and Factorial Capital. The company intends to use the funds to expand operations and its development efforts, doubling down on their commitment to open-source. Nomic AI provides: GPT4All, which lets anyone run large language models on resource constrained devices. The company is also accelerating work with industry partners such as open source giant MongoDB, and open source machine learning leader Hugging Face, to create and distribute rich, interactive data visualizations to help everyone understand the data going into their AI systems. FinSMEs
Betaworks Ventures Investments
31 Investments
Betaworks Ventures has made 31 investments. Their latest investment was in Nomic AI as part of their Series A on July 7, 2023.
Betaworks Ventures Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
7/13/2023 | Series A | Nomic AI | $17M | Yes | Coatue, Contrary, and MongoDB Ventures | 2 |
6/24/2023 | Series A | Boomy | $20M | Yes | 1 | |
2/1/2023 | Seed VC | Digs | $5.25M | Yes | Flying Fish Venture Partners, FUSE, GFR Fund, Legacy Venture Management, Portland Seed Fund, and Undisclosed Investors | 1 |
9/13/2022 | Seed VC | |||||
7/25/2022 | Seed VC - II |
Date | 7/13/2023 | 6/24/2023 | 2/1/2023 | 9/13/2022 | 7/25/2022 |
|---|---|---|---|---|---|
Round | Series A | Series A | Seed VC | Seed VC | Seed VC - II |
Company | Nomic AI | Boomy | Digs | ||
Amount | $17M | $20M | $5.25M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | Coatue, Contrary, and MongoDB Ventures | Flying Fish Venture Partners, FUSE, GFR Fund, Legacy Venture Management, Portland Seed Fund, and Undisclosed Investors | |||
Sources | 2 | 1 | 1 |
Betaworks Ventures Portfolio Exits
1 Portfolio Exit
Betaworks Ventures has 1 portfolio exit. Their latest portfolio exit was Comixify on July 07, 2022.
Betaworks Ventures Fund History
2 Fund Histories
Betaworks Ventures has 2 funds, including Betaworks Ventures 2.0.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
12/23/2020 | Betaworks Ventures 2.0 | $8.83M | 3 | ||
8/10/2017 | Betaworks Ventures 1.0 |
Closing Date | 12/23/2020 | 8/10/2017 |
|---|---|---|
Fund | Betaworks Ventures 2.0 | Betaworks Ventures 1.0 |
Fund Type | ||
Status | ||
Amount | $8.83M | |
Sources | 3 |
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