Symbolica raises $31 million in series A funding led by Khosla Ventures to develop AI systems competing with OpenAI
Apr 09, 2024•over 1 year ago
Amount Raised
$31 Million
Round Type
series a
Investors
Buckley VenturesAbstract VenturesGeneral CatalystKhosla Ventures
Description
Artificial intelligence startup Symbolica raised $31 million in a series A funding round led by Khosla Ventures, with participation from General Catalyst, Abstract Ventures, and Buckley Ventures. The funding will be used to develop alternatives to the "transformer" deep learning architecture and create a coding assistant.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
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