AI Fund

What AI Fund does

AI Fund is a Palo Alto-based venture studio founded by Andrew Ng that co-builds AI-native companies alongside entrepreneurs, venture funds, and corporate partners. The studio runs a documented 'idea-to-funded-startup in 3 months' methodology in which Founder-in-Residence talent is paired with an in-house builder bench (Principal, Technical, and Associate Builders), a dedicated recruiting function, shared finance and legal operations, and AI-first internal tooling that the Careers page describes as custom-built for coding and content workflows. Founders gain access to the studio's capital pools and a network of 24 venture advisors and AI Fund Fellows drawn from marquee operating and research backgrounds (Walmart, SoFi, Cohere, Google, Apple, NASA, Axonius, Pandora). AI Fund's product surface is the studio itself: a single integrated Build With Us program with parallel tracks for founders and corporate partners, the AI Link community for AI entrepreneurs, and a recently filed Growth Fund vehicle for follow-on capital.

The studio is backed by over $370 million across its venture funds, with an oversubscribed $190 million Fund II closed in May 2025 and a $100 million Growth Fund filing led by Kirsty Tan in February 2026. Limited partners and corporate partners include Sequoia Capital, NEA, Nikkei, AES Corporation, and Mitsubishi Corporation; the AES relationship produced the co-founded Haven Safety AI platform launched in 2025, and the Mitsubishi relationship supports cross-Pacific AI venture creation reinforced by AI Fund's Taiwan Asian hub led by General Manager Jill Shih. The portfolio spans 42 named companies across healthcare (Affineon Health, Woebot Health, Meeno), retail (Profitmind, BNTO), developer tools (Baseten, 10Web), autonomous systems (SkyFireAI), voice (SpeechLab, Vocal Bridge), legal (StrongSuit, formerly Callidus Legal AI), travel (BizTrip AI), and productivity (IrisGo, Workera, Workhelix), with four exits marked 'Acquired' (Bhuma, Esteam, Rypple, WhyLabs).

AI Fund generates revenue primarily through management fees on committed and invested AUM and through capital gains on equity stakes in co-founded portfolio companies, with incremental value captured via corporate co-building partnerships with AES and Mitsubishi. The studio's go-to-market is community-led and content-first: Andrew Ng's personal brand, the AI Fund Insights publication, the public Build With Us founder funnel, builder events in Mountain View, and AI Link compound top-of-funnel sourcing, while direct outreach and partner introductions drive mid-funnel selection. Geographic reach currently extends across Palo Alto and Mountain View (United States), Taiwan (Asia hub), and Colombia (LatAm operations), with portfolio companies active across at least three continents.

Name

AI Fund

Legal name

AI Ventures Management, LLC

Website

https://aifund.ai

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

AI Fund is a Palo Alto-based venture studio founded by Andrew Ng that co-builds AI-native companies with entrepreneurs and corporate partners. Backed by $370M+ from Sequoia, NEA, Nikkei, and AES, its 42 portfolio companies span healthcare, retail, drones, and developer tools.

Ownership category

akta.pro rank

Product category

Venture Studio

NAICS

Other Investment Pools and Funds (5259), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Investment Advice (6282)

akta.pro primary industry

Corporate Venture Studios & Incubators (Build/launch ventures) (FSANAHAC)

akta.pro secondary industry

Micro-VC & Angel Funds (FSANAAAI)

Keywords

• Venture studio
• AI startup incubation
• Company building
• Venture capital
• AI entrepreneurship

Headquarters

HQ city

Palo Alto

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Venture fund management / capital pool: AI Fund operates a venture studio funded by capital pools (Fund I plus an oversubscribed $190M Fund II closed in May 2025, with a separate $100M growth fund filed for in February 2026), drawing capital from Sequoia, NEA, Nikkei, AES, and other corporate and venture LPs. The studio generates returns via equity stakes and capital gains in co-founded portfolio companies, with several already exited (Bhuma, Esteam, Rypple, WhyLabs are marked 'Acquired' on the portfolio page).
2. Corporate co-building partnerships: AI Fund partners with corporations (e.g., AES for energy startups, Mitsubishi Corporation for AI innovation) to co-build AI-native companies, generating value through equity and partnership arrangements with the corporate partner.

Go-to-market motion4 records

Distribution channels5 records

Marketing channels8 records

Core offering

AI Fund is a venture studio founded by Andrew Ng that collaborates with entrepreneurs, venture funds, and corporate partners to co-found AI-native companies. Backed by over $370 million, the studio provides capital, an in-house builder team, recruiting, AI-first internal tooling, and a documented methodology that takes founders from idea to funded startup in approximately three months. It also co-builds AI ventures with corporate strategics such as AES and Mitsubishi Corporation and operates a growth-stage investment fund.

Product overview

AI Fund is a venture studio, not a multi-module SaaS platform. Its single integrated offering is the "Build With Us" venture studio program, which combines a For Founders track and a For Partners (corporate) track to co-create AI companies alongside entrepreneurs. AI Fund supports this studio with adjacent programs including the AI Link community and the new AI Fund Growth Fund for follow-on growth-stage capital. Rather than selling software modules, the studio's output is a portfolio of independent AI companies it has co-built, such as IrisGo (AI desktop companion), Workhelix (Generative AI productivity assessment), Profitmind (agentic AI decision intelligence for retail), Haven Safety AI (AI-native safety intelligence platform), BizTrip AI (AI-powered travel management), Affineon Health (AI for healthcare productivity), Baseten (ML inference platform), SkyfireAI (autonomous multi-drone operations), SpeechLab (speech-to-speech translation), Woebot Health, Credo AI, Workera, Olakai, and many others listed on the portfolio page. Together, these represent the range of sectors and AI capabilities AI Fund's venture studio model produces.

Differentiator

Problem solved

Functional benefit

Brands

• AI Fund Growth Fund: Growth-stage investment fund within AI Fund, with Kirsty Tan serving as General Partner.

Products and services

• Build With Us (For Founders) The For Founders track of AI Fund's Build With Us program, a structured application and studio engagement for technical founders and AI/ML entrepreneurs to co-found AI-native companies with AI Fund's capital, builder team, and corporate partners.
• Build With Us (For Corporate Partners) A corporate co-building program that allows enterprises to partner with AI Fund to co-found AI-native companies in strategic verticals, leveraging AI Fund's venture studio methodology, builder team, and capital.
• AI Fund Growth Fund A growth-stage investment fund within AI Fund led by Kirsty Tan (General Partner), providing follow-on capital to growth-stage AI portfolio companies and access to enterprise channels.

Quantifiable outcome

• Over $370 million raised across AI Fund's venture funds, with $190M closed in Fund II and a $100M growth fund filed.
• +2 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability10 records

Feature2 records

Partnerships

One partnership is on record.

• Mitsubishi CorporationcoreStrategic or Co-development PartnerAI Fund and Mitsubishi Corporation 'joined forces' to drive AI innovation, a strategic alliance highlighted in AI Fund's Insights publication. The partnership supports cross-Pacific AI venture creation and is reinforced by AI Fund's presence in Taiwan.

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Pioneer Square Labs: Seattle-based venture studio that co-founds companies with technical founders using a founder-in-residence model, very similar to AI Fund's 'Build With Us' approach; AI Fund advisor Robert Schulte was the first funded EIR there, making it a direct studio peer.
• Atomic: San Francisco-based venture studio that builds companies from scratch alongside founders using dedicated product, design, and engineering teams, sharing AI Fund's thesis that studio-model support accelerates idea-to-company timelines.
• Antler: Global venture studio that identifies and co-founds founders from day zero across multiple continents, with regional hubs in Asia and Latin America, directly comparable to AI Fund's US/Taiwan/Colombia geographic model.
• Entrepreneurs First (EF): Global talent-first investor that backs technical founders pre-idea to build deeptech and AI companies, with programs in Europe, Asia, and the US; competes with AI Fund for the same technical AI founder pool.
• Betaworks: New York-based startup studio and fund that originates and incubates internet and AI-native companies, sharing AI Fund's pattern of building companies internally and then spinning them out as independent portfolio companies.
• Science Inc. Los Angeles-based startup studio that builds, launches, and operates consumer and software companies with in-house product, growth, and capital teams, structurally similar to AI Fund's integrated builder/recruiter/capital model.

Broad incumbents

• BCG X (formerly BCG Digital Ventures): Global corporate venture builder that co-creates companies with large enterprises (e.g., the AES-style co-builds AI Fund runs), competing for the same corporate co-build mandates but with much deeper pockets and a broader services portfolio.
• Lux Capital: US venture firm investing heavily across AI infrastructure and applied AI, competing with AI Fund for differentiated AI deal flow and LP capital, though operating as a traditional fund rather than a venture studio.
• Khosla Ventures: Pioneer AI-focused venture fund with a long track record of seed-to-growth AI investments, competing with AI Fund for both AI founders and institutional LP dollars in the AI thesis.
• DCVC (Data Collective): US venture firm focused on deeptech and AI/ML companies, an established AI-fund peer that competes with AI Fund for technical AI founders and follows on in the same portfolio companies (e.g., Workera).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/ai_fund

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments80 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AI Fund