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AI21 Labs - Series B
Overview
Funding Date
July 12, 2022
Financing amount
$64M
Valuation
--
Catagory
About AI21 Labs - Series B
AI21 Labs closed a $64 million Series B round that values the company at $664 million. Led by Ahren Innovation Capital Fund with participation from Mobileye CEO and co-founder Amnon Shashua, Walden Catalyst, Pitango, TPY Capital and Mark Leslie.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | Unknown | -- | 1 | -- | ||
| Angel Investor | Unknown | -- | 1 | -- | ||
| Fund | Unknown | -- | 2 | -- | ||
| Fund | Israel | 1993 | 6 | -- | ||
| Fund | Unknown | -- | 1 | -- | ||
| Angel Investor | Unknown | -- | 1 | -- |
Founders & Team
Ori Goshen
Yoav Shoham
Amnon Shashua
Company Profile / Project Introduction
A Tel Aviv-based startup creating a range of text-generating AI tools, AI21 Labs was founded in 2017 by Mobileye co-founder Amnon Shashua, Goshen and Yoav Shoham, the startup's other co-CEO. AI21's flagship product is AI21 Studio, a pay-as-you-go developer platform for building custom text-based business apps off of AI21's proprietary text-generating AI models. The startup also sells access to Wordtune, a multilingual reading and writing AI assistant akin to Grammarly.