Kitt.ai
Facts
- HQ
- Seattle, Washington, USA
- Sectors
- Artificial Intelligence, Software
- Stage
- Acquired
AI2 Incubator Raises $80M Third Fund to Accelerate Early-Stage AI Startups in Seattle
AI2 Incubator, a Seattle-based AI startup accelerator, has raised about $80 million for its third fund, significantly larger than its previous funds of $30 million in 2023 and $10 million in 2020. The incubator has spun out over 40 companies valued at $1.4 billion and recently moved to a new AI-focused headquarters in Seattle.
AI2 Incubator Moves to Historic Pier 70 on Seattle Waterfront, Anchoring Tech Expansion with New AI House
The AI2 Incubator is relocating to Pier 70 on Seattle's waterfront, becoming the anchor tenant in a historic building once home to MTV’s 'Real World,' as part of efforts to attract more tech companies. The incubator, which spun off from the Allen Institute for Artificial Intelligence in 2022 and recently raised $30 million, will also establish a new 'AI House' for AI events and collaboration.
AI2 Incubator Secures $200M AI Compute Resources to Support Startups with Up to $1M Free Access
The AI2 Incubator in Seattle secured $200 million in AI compute resources from cloud providers to offer up to $1 million in free computing power to its portfolio startups, helping them scale AI models without high costs. This initiative aims to support AI founders lacking privileged compute access and strengthen AI2's position among incubators and investors.
Augment AI, Led by Napster Co-Founder Jordan Ritter, Launches Private Beta of AI-Powered Productivity Tools After $3.5M Seed Round
Seattle startup Augment AI, spun out of AI2 and led by Napster co-founder Jordan Ritter, has launched a private beta of its AI-powered productivity sidekick designed to take meeting notes and organize research. The company raised $3.5 million in seed funding and offers two apps, Meeting Augment and Memory Augment, to enhance workflow integration with tools like Zoom.
Napster Co‑founder Jordan Ritter’s Stealth Startup Augment AI Raises $3.45M Seed to ‘Supercharge’ Productivity
Augment AI Corp, a stealthy Seattle startup led by Napster co-founder Jordan Ritter and three other tech veterans, raised a $3.45 million seed round after spinning out of the Allen Institute for AI incubator to build software that aims to "supercharge" personal productivity by better integrating devices and apps.
Modulus Therapeutics, spun out of the Allen Institute for AI, raises $3.5M to engineer enhanced NK cell therapies
Modulus Therapeutics, a Seattle cell-therapy startup spun out of the Allen Institute for AI, raised $3.5 million in seed funding to use lab research and machine learning to engineer enhanced natural killer (NK) cells for anti-tumor therapies. Founders Max Darnell and Bryce Daines aim to develop a discovery platform to generate NK cell product candidates for larger cellular therapy companies.
Khosla Ventures leads $11M Series A for Seattle AI contract startup Lexion as revenue quadruples
Seattle startup Lexion, which uses AI to parse contracts and create searchable repositories, has quadrupled revenue and added 50 customers in four months. The 30-person company raised an $11 million Series A led by Khosla Ventures to expand from reporting into workflow features and accelerate growth.
WhyLabs, AI2 Spinout Led by Ex-Amazon Engineers, Raises $4M from Madrona, Bezos Expeditions and Others
WhyLabs, an AI monitoring startup spun out of the Allen Institute for AI, emerged from stealth after raising $4 million from investors including Madrona, Defy Partners, Bezos Expeditions and Ascend VC to commercialize a platform for monitoring ML data and models. The company is led by CEO Alessya Visnjic, joined by former Amazon ML engineers Andy Dang and Sam Gracie plus ex-Madrona principal Maria Karaivanova.
Panda AI, spun out of AI2, raises $3.3M with AI2 as first investor from its new pre-seed fund
Panda AI, a stealth startup spun out of the Allen Institute for AI (AI2), raised $3.3 million in a round led by PSL Ventures with participation from AI2 and others; it is the first company to receive funding from AI2’s new pre-seed fund.
AI2 spinout Lexion launches Slack chatbot to instantly locate legal contracts; raised $4.2M seed
Lexion, an AI2 spinout in Seattle, launched a Slack chatbot that instantly finds legal contracts based on team viewing permissions, aiming to save in-house legal teams hours—CEO Gaurav Oberoi said it's especially useful for remote work. The company raised a $4.2M seed round last year and was named to CB Insights' list of 100 promising AI startups.
Panda AI launches inside AI2 in Seattle, led by CEO Aaron Goldfeder and CTO Yue Ning in stealth mode
Panda AI is a stealth B2B startup launched inside the Allen Institute for AI (AI2) in Seattle, led by CEO Aaron Goldfeder and CTO Yue Ning, both former AI2 entrepreneurs-in-residence. The company — currently two employees with early access interest and Smartsheet co-founder Eric Browne as product advisor — aims to build next-generation tools for knowledge workers using recent AI breakthroughs.
