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Venture Capital News: Bifrost AI Raises $8M Series A Round

2024-10-31
SAN FRANCISCO, CA, Bifrost AI, a Generative 3D Data platform, raised $8 million in Series A funding to meet the growing demand for AI training data and 3D simulations.
Its physically accurate data generation engine provides the vast real-world scenarios crucial in rapidly training, testing and adapting models in AI and Robotics. The round was led by Carbide Ventures, with participation from Airbus Ventures, Peak XV's Surge (formerly Sequoia Capital India & SEA), Wavemaker Partners, MD One, and Techstars. The capital will be used to accelerate the commercialization of Bifrost's product for heavy industries such as aerospace, maritime, manufacturing, and national security.

Bifrost is building generative AI tools that enable users to create virtual 3D worlds and synthetic images on-demand with industry-leading granular control via an intuitive interface. Our users build better models and train AI systems in record time, unlocking incredible new capabilities like landing a spacecraft on Mars, detecting pirates in the Atlantic Ocean and mapping the world's changing infrastructure from space.
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