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October 31, 2024 - Deals

Bifrost AI Raises $8 Million In Series A Funding Led By Carbide Ventures

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Bifrost AI, a San Francisco-based provider of a generative 3D data platform, raised $8 million in Series A funding led by Carbide Ventures, with backing from Airbus Ventures, Peak XV’s Surge, Wavemaker Partners, MD One, and Techstars. Led by CEO Charles Wong and CTO Aravind Kandiah, Bifrost's platform enables AI teams to swiftly generate complex 3D datasets for training and validating AI systems across sectors like aerospace, maritime, and national security. The new funding will support Bifrost in advancing its product commercialization, empowering industries to simulate and test AI capabilities in diverse, high-stakes environments. INVESTORS: Carbide Ventures, Airbus Ventures, Peak XV’s Surge, Wavemaker Partners, MD One & Techstars ROUND: Series A AMOUNT: $8,000,000 HQ: #SanFrancisco #California #VentureCapital #CarbideVentures #AirbusVentures #PeakXVsSurge #WavemakerPartners #MDOne #Techstars #CharlesWong #AravindKandiah #TradedVC