Liquid AI Secures $37.6 Million in Seed Funding
Liquid AI, a Boston-based developer specializing in domain-specific and general-purpose AI systems powered by Liquid foundation models, has emerged from stealth mode, securing an impressive $37.6 million in Seed funding.
The funding round was spearheaded by OSS Capital and PagsGroup, the family office of Stephen Pagliuca. Noteworthy participants include Breyer Capital, Tom Preston Werner (Co-founder of Github), Naval Ravikant (Co-founder of AngelList & AirChat), Safar Partners, ISAI Cap Venture (Capgemini’s VC Fund managed by ISAI), Tobias Lütke (Co-founder of Shopify), David Siegel (Two Sigma), Chris Prucha (Co-founder of Notion), Samsung Next, David Blundin (Link Ventures), Bold Capital Partners (Peter Diamandis), Marc Casper (President & CEO of Thermo Fisher), Duke Capital Partners, Argean Capital Management, Latham & Watkins, Bob Young (Co-founder of Red Hat), and Automattic.
The infusion of capital will be utilized by the company to further expand its operations and intensify its development efforts.
Liquid AI was founded by a team of accomplished scientists from the MIT Computer Science and Artificial Intelligence Laboratory (CSAIL), including Ramin Hasani, Mathias Lechner, Alexander Amini, and Daniela Rus. The company is at the forefront of crafting a new generation of AI foundation models that prioritize environmental responsibility, resulting in a substantial reduction in the carbon footprint associated with foundational models.