Total amount raised
$293.2 Millions
Latest funding date
Location
Liquid AI has successfully raised $250 million to scale its AI capabilities, completing a Series A funding round. The company develops artificial intelligence solutions for data analysis and decision-making across various industries.
Keep reading to explore the intricacies of Liquid AI's fundraising journey and the investors backing this innovative platform.
What Is Liquid AI?
Liquid AI, founded in 2023, is based in Cambridge, Massachusetts. The company specializes in developing artificial intelligence solutions for data analysis and decision-making across various industries.
Founded by Alexander Amini, Daniela Rus, Mathias Lechner, and Ramin Hasani, Liquid AI focuses on creating tools that serve sectors such as finance, healthcare, and logistics. Their innovative products include the Liquid Neural Network and Edge AI Solutions.
With a team of 11-50 employees, Liquid AI is dedicated to building efficient and versatile AI systems. Their recent funding round of $250 million aims to scale their capabilities further.
How Much Funding Has Liquid AI Raised?
- Seed Round
- Amount Raised: $5.6M
- Date: May 2023
- Lead Investors: OSS Capital L.P.
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To kickstart the development of their AI solutions and build initial prototypes.
- Seed Round
- Amount Raised: $37.6M
- Date: December 2023
- Lead Investors: OSS Capital L.P., Stephen Pagliuca, The Pags Group
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the team and accelerate product development.
- Series A
- Amount Raised: $250M
- Date: December 2024
- Lead Investors: AMD Ventures
- Valuation at Round: Over $2 billion
- Motivation Behind the Round: To scale the development, deployment, and integration of Liquid Foundation Models (LFMs) across various sectors.
Total Amount Raised: $293.2M. Current Valuation: Over $2 billion.
Key Investors
- AMD Ventures
- Details: AMD Ventures is the investment arm of Advanced Micro Devices, Inc. (AMD), a global leader in high-performance computing, graphics, and visualization technologies. They focus on strategic investments that align with AMD's core business areas.
- Investment Focus Areas: High-performance computing, graphics and visualization technologies, AI accelerators.
- Notable Investments: Liquid AI, Pensando Systems, NUVIA.
- OSS Capital L.P.
- Details: OSS Capital L.P. is a venture capital firm specializing in open-source software investments. They support early-stage startups that leverage open-source technologies to drive innovation.
- Investment Focus Areas: Open-source software, enterprise software, developer tools.
- Notable Investments: Liquid AI, GitLab, Mattermost.
- Stephen Pagliuca
- Details: Stephen Pagliuca is a co-chairman of Bain Capital, a leading global private investment firm. He has extensive experience in private equity and venture capital investments.
- Investment Focus Areas: Technology, healthcare, consumer products.
- Notable Investments: Liquid AI, LinkedIn, SurveyMonkey.
- The Pags Group
- Details: The Pags Group is an investment firm led by Stephen Pagliuca, focusing on high-growth technology and healthcare companies. They aim to support innovative startups with strategic capital.
- Investment Focus Areas: Technology, healthcare, financial services.
- Notable Investments: Liquid AI, Wayfair, Dicerna Pharmaceuticals.
What's Next for Liquid AI?
Liquid AI stands at the cusp of significant opportunities, particularly in sectors like e-commerce, consumer electronics, and biotech. The company's innovative Liquid Neural Networks promise to revolutionize these industries by offering more efficient and flexible AI solutions. With a $250 million Series A funding round led by AMD Ventures, Liquid AI is well-positioned to scale its technology and expand its market reach.
Future fundraising opportunities appear promising, especially as the company continues to demonstrate the effectiveness of its AI models. The successful Series A round sets a strong foundation for potential Series B and C rounds, or even an IPO. However, challenges such as scaling compute infrastructure and competing in a rapidly evolving market could pose hurdles. Liquid AI will need to maintain the efficiency and performance of its models to stay ahead.
Use Clay to Get Funding Data
Sales professionals, take advantage of Clay's platform to access comprehensive fundraising data on companies like Liquid AI and gather other critical business insights. Sign up for free today and elevate your sales strategy with the power of detailed, actionable information.
