Thinking Machines Lab Raises $2 Billion Seed Round With Investors Andreessen Horowitz And Conviction Partners
Building Size
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Asset Type
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Closing
Jun 23, 2025
About this deal
AI
Thinking Machines Lab, a stealth AI startup founded by former OpenAI CTO Mira Murati, has completed a record-breaking seed funding round, securing $2 billion. The transaction places the company's valuation at $10 billion.
Summary of transaction details:
- Deal Type: Seed
- Transaction Amount: $2,000,000,000
- Valuation: $10,000,000,000
- Notable Investors: Andreessen Horowitz, Conviction Partners
Founded just 6 months ago, Thinking Machines Lab has a mission that remains undisclosed. Mira Murati, who led the development of ChatGPT and DALL·E at OpenAI, initiated the startup after leaving the organization in 2023. She is joined by co-founder John Schulman and other former OpenAI colleagues, marking a significant collaboration among experienced professionals in the AI field.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93