The OpenAI Startup Fund has raised over $44 million for its largest Special Purpose Vehicle (SPV), continuing its trend of significant capital accumulation since 2021.
A spokesman clarified that the fund’s latest SPV will support existing portfolio companies as well as enable new investments, affirming the fund’s active role in the AI startup ecosystem.
Despite being initially controlled by Sam Altman, the Fund has shifted management to general partner Ian Hathaway and enables opportunistic investment in high-potential ventures.
The Fund disclosed that it has raised a total of $114.2 million through five separate SPVs as part of its recent fundraising efforts.
Collection
[
|
...
]