Sapient Intelligence raised $22 million in a seed funding round led by Vertex Ventures, Sumitomo Group, and JAFCO to develop new foundational model architectures for AI.
Dec 11, 2024•8 months ago
Amount Raised
$22 Million
Round Type
seed
Investors
JafcoSumitomo GroupVertex Ventures
Description
Sapient Intelligence, Singapore’s first foundation model AI startup, has successfully closed its seed funding round, raising $22 million at a valuation of $200 million. The funding will support their goal to create novel AI architectures that enhance reasoning capabilities, particularly addressing challenges faced by current GPT-style models.
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