Liquid AI, a Boston, MA-based developer of domain-specific, and general-purpose AI systems powered by Liquid foundation models, emerged from stealth mode with $37.6M in Seed funding.
The round was led by OSS Capital and PagsGroup (the family office of Stephen Pagliuca). Other investors include Breyer Capital, Tom Preston Werner (Github Co-founder), Naval Ravikant (AngelList & AirChat Co-founder), Safar Partners, ISAI Cap Venture (Capgemini’s VC Fund managed by ISAI), Tobias Lütke (Shopify Co-founder), David Siegel (Two Sigma), Chris Prucha (Notion Co-founder), 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 (Red Hat Co-founder) and Automattic.The company will use the funds to continue to expand operations and its development efforts. Founded by a quartet of MIT Computer Science and Artificial Intelligence Laboratory (CSAIL) AI and machine learning scientists – Ramin Hasani, Mathias Lechner, Alexander Amini, and Daniela Rus, Liquid is developing a new generation of AI foundation models that enable applications with a commitment to environmental responsibility, significantly reducing the carbon footprint of foundational models.Liquid AI is an MIT spin-off with a presence in Boston, MA, and Palo Alto, CA. 10/12/2023
