Built on Research, Focused on the Future The Factory is a VC fund focused on early-stage investing. Our work in AI is deeply rooted in academic research and real-world application. Our team’s extensive experience provides a strong foundation for identifying and building startups that will redefine the AI landscape.
External link for Factory
801 El Camino Real
Menlo Park, California 94025, US
Factory reposted this
ArteraAI is looking for an outstanding VP of Sales as we continue to scale our commercialization efforts. Help us transform precision medicine. Artera is reimbursed by Medicare, it is the only AI test in NCCN guidelines, and it is the only test for localized prostate cancer that is predictive of therapeutic benefit. #hiring
Factory reposted this
Congrats Puneet, Mark, Belli and whole RiVos team on closing oversubscribed $250M Series A round to drive software defined high performance RISC-V accelerated platform for data analytics and generative AI workloads and applications! Special thanks to Amarjit to be with us on Day 1 and David & Romit/Matrix Capital and Scott/Dell to believe and join us in RiVos. Proud to serve as founding Chairman and investor from Walden Catalyst and Walden International 👍🙏👏🎉
Congratulations to our portfolio companies Flip AI, Modular, Numbers Station AI, Predibase, Together AI and Voltron Data for being inducted into the CB Insights AI 100 for 2024. We are excited to be part of your journey building the future of AI. Corey Harrison | Chris Lattner | Christopher Aberger | Devvret Rishi | Vipul Ved Prakash | Joshua Patterson.
Congratulations to our portfolio company Guardrails AI and their launch today. First of its kind open-source AI reliability hub.
I'm beyond thrilled to make two pretty substantial announcements: 1. We just released a brand new open source Guardrails Hub, with 50+ validators and more coming! 2. We raised a round of seed funding round to execute on our vision of open source AI reliability Why Guardrails Hub This past year, the scale of AI integration into app ecosystems has been unprecendented. The question I've been fascinated by is -- how do you make GenAI (extremely flexible but just as hard to wrangle) perform as reliably as any other infrastructure? Guardrails Hub is an open source collection of AI validation methods for many common LLM use cases, across chatbots, RAG, summarization, customer support, and catches many different types of risks including factuality, data leakage, etiquette, jailbreaking attempts and more. On Funding We raised $7.5m in seed funding, and we're beyond grateful to be supported by our amazing partners like Zetta Venture Partners, Pear VC, Bloomberg Beta, Factory HQ, GitHub fund and SCB 10X and many fantastic Gen AI and AI security angels.
ArteraAI has raised an additional $20M in capital from some of the longest-term and deepest-pocketed investors in the world. We are thrilled to welcome Prosperity7 Ventures, the diversified growth fund of Saudi Arabia's aramco, and Singapore's sovereign wealth fund EDBI Pte Ltd. We were also joined by Wilson Sonsini Goodrich & Rosati, The Trium Group, as well as individual investors Navin Chaddha (Mayfield), Rajiv K., and Andrew Tan & Elliott Tan. Walden Catalyst Ventures & Lip-Bu Tan continued their investment from prior rounds. It's such a privilege to watch Artera's valuation continue to go up as the markets in both tech and bio continue to go down (FANG stocks notwithstanding) - and its a testament to our team's incredible efforts. We were founded during this recession, and the discipline you build by growing a business in times like these is empowering. The infusion of this additional funding is a crucial catalyst, propelling ArteraAI forward in its mission to personalize cancer therapy through AI-enabled predictive and prognostic tests. We are committed to ushering in the era of democratized precision medicine, and stewarding this investment strategically to aid in our international expansion and commercial growth.
Factory reposted this
🚀 In my latest blog post, I delve into the product side of LLM-based applications: 🎯 Accuracy vs. Relevance: Balancing the tightrope for better user experiences. 🛠️ Developer's Dilemma: Unpacking the 'black box' of LLMs. ⚠️ Safeguarding High-Stakes Applications: Strategies for critical scenarios. Looking forward to your thoughts and comments 🌟 #AI #LLM #gpt4 #openai #guardrails
Factory reposted this
🚀 Exciting News: Flip AI Launches to Bring the ‘Holy Grail of Observability’ to All Enterprises With $6.5 Million in Seed Funding 🚀 Built on one of the first LLMs for DevOps, our observability intelligence platform, Flip, uses generative AI to help enterprises realize the potential of their observability data. Here’s just a bit of what Flip has to offer: - Find incident root causes in SECONDS - Seamless integration with your existing observability, monitoring and operations tools - Correlate metrics, events, log, and trace data across multiple sources - Protect revenue and maintain the user experience - Save Developer cost and time - Your data never has to leave your Infrastructure Check out our recent feature in Techcrunch here: https://lnkd.in/gtttjdbY & our official press release: https://lnkd.in/g6D8YK62 Sincere thanks to our dedicated team who work tirelessly everyday to make Flip AI special. We also want to give special thanks to our investors, Factory, Morgan Stanley Next Level Fund, and GTM Capital, and countless supporters who helped us get here! We’re just getting started! #FlipAI #FlipAILaunch #TechCrunch #Observability #AIOps #ObservabilityHolyGrail
I’m thrilled to announce that #Aryn has come out of stealth. We raised a $7.5M seed investment from Factory, 8VC, Lip-Bu Tan, Amarjit Gill, and other notable investors. Our mission is to answer questions from all your data, and we’re doing this by bringing generative AI to #OpenSearch and data preparation. We have a team of builders at Aryn, and I’m proud to be on this journey with them. We released a new open source conversational search stack powered by LLMs and built on #OpenSearch and #Sycamore. Sycamore is a new python-native system for preparing unstructured data using LLMs. With Aryn, developers can easily build conversational search apps like question-answering over knowledge bases. They can get to production faster and get high-quality answers. All of this is 100% Apache-v2 licensed. Come join us in our journey. To learn more, visit: - https://lnkd.in/g2qyNFz8 - https://www.aryn.ai - https://lnkd.in/gVUfgwmw #GenAI #dataprep #conversational #search #semanticsearch #LLM
We are so excited to announce we have raised $100M to fix AI infrastructure for the world's developers led by General Catalyst and filled by GV (Google Ventures), SVA, Greylock and Factory. We are humbled and so thankful to our incredible customers, developers & world-class team! 🚀🔥 #modular #startup #tech #funding #vc #engineering #ml #ai #artficialintelligence #machinelearning #llm #genai #mojo #python #future