World Labs launched with over $230M in funding co-led by Andreessen Horowitz and Nvidia's venture arm to develop advanced spatial intelligence AI technology.
Sep 13, 2024•over 1 year ago
Amount Raised
$230 Million
Investors
N VenturesDatabricks VenturesAmd VenturesAdobe VenturesAshton KutcherMarc BenioffRadical VenturesNeaAndreessen Horowitz
Description
AI startup World Labs has launched successfully with $230 million in funding, co-led by Andreessen Horowitz, NEA, and Radical Ventures. The financing round positions the startup for significant growth in spatial intelligence AI technologies.
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
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech