Neo Raises $320 Million Fund Led By Bill Gates To Support AI Startup Boot Camp

Neo, founded by early Facebook investor Ali Partovi, has raised a $320 million fund to scale its vision of being the "Ivy League of startup boot camps." Known for backing breakout AI startups like Cursor (by Michael Truell and Aman Sanger) and Pika (led by Demi Guo), Neo identifies and invests in top technical talent early—often while they’re still in college. Since 2017, its Neo Scholars program and accelerator have nurtured future founders with mentorship, funding, and access to Silicon Valley’s elite, attracting backing from tech icons like Bill Gates, Sheryl Sandberg, and Reid Hoffman. INVESTORS: Bill Gates, Reid Hoffman, Eric Schmidt, Sheryl Sandberg & Alfred Lin ROUND: Bill Gates AMOUNT: $320,000,000 HQ: #SanFrancisco #California #VentureCapital #Neo #BillGates #ReidHoffman #EricSchmidt #SherylSandberg #AlfredLin #AliPartovi #TradedVC