AIX Ventures Announces $202M Fund II

February 13, 2024Client News

Gunderson Dettmer represented client AIX Ventures in the formation of its $202 million fund for early-stage artificial intelligence (AI) companies. Fund II will enable the firm to continue partnering with companies and founders who are using AI to transform how people and teams innovate, collaborate, and thrive in the workplace and beyond.

AIX Ventures was founded by some of the world’s top AI practitioners who work closely with an experienced investing team to provide entrepreneurs with deep company-building and AI expertise.

In the announcement of the fund formation, the AIX Ventures Team said, “In our lifetimes, we’ll see AI disrupt every industry globally, from the workplace to healthcare, biotech to climate. But we’re just getting started. The companies being founded today and those coming tomorrow will need a strong network to help navigate the challenges and opportunities ahead. We believe AI can and should be a force for good. We see a world in which humans and machines will co-exist to create positive change in the world, and we’re building a deep community of top AI practitioners and aspiring founders who share our vision. From the initial idea to building an enduring company, we’re with our founders every step of the way — and for the long term.”

The Gunderson Dettmer team consisted of Andrew Thornborrow, Jaime Narayan, Mike Mattheiss, Lucas Yeung and Casey Stevens.

AIX Ventures