AI Alliance

About

AI Alliance is a investement firm focused on the most promising sectors of commercial AI applications and infrastructure

Gauteng,NA - South Africa,South Africa

Highlights

Details

Founded date: Jan 1, 2017
Operating Status: Active

Established in 2017, the AI Alliance, LLC is a joint fund with Korean conglomerates SK Telecom, Hyundai Motor Company, Hanwha Asset Management and Element AI, world-renowned Canadian AI pioneer. The fund leverages each partner's unique value and targets the most promising sectors of commercial AI applications and infrastructure, specifically emerging AI-based technologies including autonomous vehicles, robots, manufacturing, drones, and AI hardware. The fund uses extensive domain knowledge and cutting edge research from Element AI to source, assess, and invest in startups focused on applying AI in advanced technologies. SK Telecom, Hyundai Motor Company and Hanwha's data and deep industry expertise combined with Element AI's artificial intelligence knowledge will both differentiate the fund in the market and add immense value to portfolio companies.

Investments

Number of Investments

Number of Lead Investments

5

0

AI Alliance has made 5 investments. Their most recent investment was on Nov 16, 2020, when LEVL Technologies raised 0.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Nov 16, 2020 LEVL Technologies	Seed	—	Cyber Security	—
May 27, 2020 D-ID	Series A	$13.50M	Artificial Intelligence	—
Dec 16, 2019 Arbe	Series B	$32M	Automotive	—
Mar 6, 2019 Brodmann17	Series A	$12M	Artificial Intelligence	—
Nov 1, 2018 Esperanto Technologies	Series B	$58M	Artificial Intelligence	—