Startups

​​Ex-OpenAI Researcher Raises Fund to Back Emerging Talent​​

Leonis Capital has secured $25 million for a new fund to help uncover the next OpenAI.

The fund is backed by institutional investors and a mix of researchers and executives from companies like Nvidia Corp, OpenAI and Anthropic, the San Francisco-based venture capital firm said in a statement. Leonis, founded in 2021, has fully deployed its first $10 million fund across AI-native startups including MaintainX and Motion.