Funding
OpenAI’s startup empire: The companies backed by its venture fund
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Since its founding in 2021, OpenAI Startup Fund has raised $175 million for its main fund and secured an additional $114 million through five separate special purpose vehicles, which are investment pools for specific opportunities.
Unlike many sizable tech companies, OpenAI says it doesn’t use the company’s money to invest in startups. The ChatGPT maker says its OpenAI Startup Fund is raised from outside investors. This includes participation from significant OpenAI backer Microsoft, as well as “other OpenAI partners,” according to the…
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