Who is betting on what in AI, and against whom.
Camp exposure
Labs backed
Periodic LabsAutonomous labs plus models for materials discovery.
Thinking Machines LabPost-training and fine-tuning as the product.
Rounds
| Date | Lab | Camp | Amount | Kind | Valuation | Role | Source |
|---|---|---|---|---|---|---|---|
| Sep 2026 | Thinking Machines Lab | LLM scaling | $2.5B reported | talks | $40B reported | joined | Investing.com, Inc. |
| Sep 2025 | Periodic Labs | Physics AI | $300M | seed | $1.3B post-money | joined | TechCrunch |
| Jul 2025 | Thinking Machines Lab | LLM scaling | $2B | seed | $12B post-money | joined | TechCrunch |