Tech Company Financing Transactions
AI21 Labs Funding Round
On 8/30/2023, AI21 Labs landed $155 million in Series C funding from b2venture, Google and private investors.
Transaction Overview
Company Name
Announced On
8/30/2023
Transaction Type
Venture Equity
Amount
$155,000,000
Round
Series C
Investors
Proceeds Purpose
The company intends to use the funds to accelerate the growth of its text-based generative AI services for enterprises.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Shlomo Ibn Gabirol Street 124
Tel Aviv, 6203854
Israel
Tel Aviv, 6203854
Israel
Phone
Undisclosed
Website
Email Address
Overview
AI21 Labs is reimagining the way humans read and write, for the better.? They say two heads are better than one. ?We say two heads - one human and one intelligent machine - are the best. AI21 Labs was founded by AI pioneers and technology veterans in 2017, including Prof. Yoav Shoham (Professor Emeritus at Stanford), Ori Goshen (Founder of CrowdX), and our chairman, Prof. Amnon Shashua (Founder, Mobileye).
Management Team
Title
Name
Email & Social
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We do our best to record funding rounds that are announced publicly. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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