
Factorial Funds Launches $200 Million Second Fund
Factorial Funds has launched its second institutional fund with $200 million in committed capital, announced in a press release. The fund's anchor investors include Hyundai Motor and Kia. This new fund will focus on investments across the AI value chain, cloud and data infrastructure, robotics, and rapidly scaling software.
Building on the success of its first fund, Factorial Funds has previously partnered with emerging AI leaders such as Anthropic, Perplexity, xAI, Mistral, Ayar Labs, SpaceX, and The Bot Company. Founded in 2021 by Sol Bier, who played a significant role in scaling Cruise Automation, Factorial Funds continues to leverage its expertise in AI and technology investments.
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