Tech Company Financing Transactions
AI21 Labs Funding Round
On 11/21/2023, AI21 Labs raised $336 million in Series C investment from Comcast Ventures and Intel Capital.
Transaction Overview
Company Name
Announced On
11/21/2023
Transaction Type
Venture Equity
Amount
$336,000,000
Round
Series C
Investors
Proceeds Purpose
This enables us to define a flexible architecture with multiple generative AI, complemented by discrete knowledge and reasoning modules.
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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