AIX Ventures, a San Francisco, CA-based venture capital firm, closed its second fund, at $202M.
Led by Richard Socher, Shaun Johnson, and others, AIX Ventures is an AI-focused venture capital firm investing across the early stages, from PreSeed to Series A. Fund II will enable the firm to continue to partner with companies and founders who are using AI to transform how people and teams innovate, and collaborate, in the workplace and beyond.
With this fund, AIX Ventures is particularly interested in AI applications and infrastructure that will shape the future of work for people in every field. They are sector-agnostic with a focus on Consumer, Developer Tools & Data, Healthcare/LifeSciences, Manufacturing & Warehousing, and SaaS. Its current initial investment is between $500K – $2M with reserve funds for follow-on investments in Series A and beyond.
The current portfolio includes: HuggingFace, You.com, Weights & Biases, Perplexity, and Chroma, to name a few.