North Island Ventures
Facts
- HQ
- New York, New York, US
- Sectors
- Venture Capital and Private Equity Principals
- Founded
- 2020
- Employees
- 10
Seattle AI Startup Venice.ai Raises $65M Series A at $1 Billion Valuation to Expand Privacy-First Chatbot Services
Seattle startup Venice.ai raised $65 million in its first funding round, reaching a $1 billion valuation as it expands its privacy-focused AI services. The company, with 3.5 million users, offers an uncensored chatbot alternative emphasizing data privacy and user control, and has become profitable.
Venice.ai Raises $65M at $1B Valuation for Privacy-Focused AI Led by Erik Voorhees and Jesse Proudman
Venice.ai, founded by CEO Erik Voorhees and CTO Jesse Proudman, raised $65 million in Series A funding at a $1 billion valuation to provide a privacy-focused AI service that does not store user prompts or responses. The company aims to compete with mainstream AI services by offering unfiltered, on-device conversations through a range of open-source and commercial AI models.
Nori raises $4M seed from Placeholder-led round to scale crypto carbon-offset marketplace
Seattle startup Nori raised $4 million in a seed round led by Placeholder to expand its crypto-based carbon-offset marketplace that pays farmers for regenerative practices; the platform has sold nearly 13,000 metric tons of CO2 offsets and aims to sell 20,000 more by year-end.
