Factorial Funds
Venture capitalActively deployingSan Francisco · Series B–Late Stage · 15 people tracked
Also known as Factorial Funds Athena · Factorial Funds LLC KS
Investment thesis
Factorial Funds pursues a strategy of concentrated technology investments. The team draws on roughly a decade of experience in machine learning and autonomous vehicles, gained during a period when AI architecture was still emerging and computing resources were limited. That environment required resourcefulness and ingenuity, which shaped the firm's appreciation for founders who build in a similarly scrappy, inventive manner.
Source: firm website, verified Aug 25, 2026.
Team · 15 people
from the firm's website & public directories
What they invest in
from 15 of 20 portfolio companiesAI & Machine Learning ×15Enterprise Software ×6Deep Tech ×5Developer Tools ×5Hardware ×4Semiconductors ×3Cloud Computing ×2Creator Economy ×2
HQs:United States×12United Kingdom×2France×1
Who they back
founder profiles across 16 portfolio companiesFounding team size:solo founder×32 founders×23 founders×34+ founders×8
Where their founders studiedfrom 27 founders with education data
École Polytechnique ×2Massachusetts Institute of Technology ×2University of California, Santa Cruz ×2University of Cambridge ×2University of Oxford ×2
Where their founders worked beforefrom 31 founders with career history
OpenAI ×12DeepMind ×5Facebook ×2Goldman Sachs ×2LinkedIn ×2Revolut ×2Tesla ×2
10 founders hold a PhD (of 29 with degree data)
Investments · 20 tracked
founders shown can be your intro pathBy year:2026 · 12023 · 23 dated
Revolutionizing space technology to make life multi-planetary
Hawthorne, US
Elon Musk(Founder, CEO & Chief Engineer)in
Co-investors1/1 Capital137 Ventures4DX VenturesA*Abstract VenturesAccess Technology Ventures+110 more
Anduril builds autonomous systems and software for defense and military applications, including attack aviation, unmanned aircraft, and underwater vehicles, unified by an autonomy platform.
AI & Machine LearningDefense TechHardwareRobotics
Palmer Luckey(Founder)inBrian Schimpf(CEO)inTrae Stephens(Founder)in
Co-investors137 Ventures1Flourish Capital8VCAltra VentureAndreessen HorowitzAnorak Ventures+82 more
Anthropic is an AI safety research company that builds reliable, interpretable, and steerable AI systems.
AI & Machine LearningDeep TechDeveloper ToolsEnterprise SoftwareSan Francisco, US
Dario Amodei(Co-founder & CEO)inDaniela Amodei(Co-founder & President)inTom Brown(Co-founder)inJack Clark(Co-founder & Head of Policy)inJared Kaplan(Co-founder & Chief Science Officer)Chris Olah(Co-founder & Interpretability Research Lead)
Co-investors3Comma Capital7BC Venture CapitalA.Capital VenturesAccelAlkeon InnovationAllen Institute for AI (AI2) Incubator+85 more
Sam Partee(Founder)in
Co-investorsAdverb VenturesCanaan PartnersInspired CapitalTorch CapitalSound Ventures
Ayar Labs develops co-packaged optics (CPO) technology for AI infrastructure, enabling optical connectivity between thousands of GPUs across data center racks.
AI & Machine LearningDeep TechHardwareSemiconductorsSan Jose, US
Co-investorsNVIDIAAlumni VenturesBasecamp FundBerkeley FrontierBlue Bear VenturesCastor Ventures (an Alumni Ventures Fund)+16 more
Confluent provides a cloud-native platform for real-time data streaming and movement, enabling organizations to connect applications and respond to business events as they occur.
AI & Machine LearningCloud ComputingData & InfrastructureDeveloper ToolsEnterprise SoftwareMountain View, US
Neha Narkhede(Co-founder; former Chief Technology Officer and board member)inJay Kreps(Co-founder and Chief Executive Officer)inJun Rao(Co-founder)inEdward (Jay) Kreps(Executive Officer, Director, Promoter)
BoardMatthew Miller(Director)Eric Vishria(Director)
Co-investorsAlkeon InnovationAltimeter CapitalAxevil CapitalBattery VenturesCoatue ManagementCusp Capital+13 more
ElevenLabs is an AI research and product company that builds voice generation and audio processing platforms for creating human-like voice interactions with technology.
AI & Machine LearningCreator EconomyEnterprise SoftwareSaaSLondon, GB
Mati Staniszewski(Founder & CEO)inPiotr Dabkowski(Co-founder)inHannah C(Founder)Mateusz Jakub Staniszewski(Co-founder)in
Co-investorsAir Street CapitalAlkeon InnovationAndreessen HorowitzAntiAspire11BroadLight Capital+23 more
Fractile designs processors for AI acceleration, offering the next generation of computing hardware.
AI & Machine LearningDeep TechHardwareSemiconductorsBristol, GB
Walter Goodwin(Founder & CEO)in
Co-investorsAccelFelicis VenturesGigascale CapitalInovia CapitalOxford Science Enterprises01 Advisors+3 more
Fractile designs a new class of AI accelerator processors that physically interleave memory and compute to deliver low latency and high throughput for frontier AI model inference.
AI & Machine LearningHardwareSemiconductors
Walter Goodwin(Founder)in
Co-investorsKindred CapitalAccelFounders Fund
Fundamental Research Labs builds autonomous, socially intelligent AI agents capable of reasoning and multi-agent collaboration.
AI & Machine Learning
Co-investorsAndreessen HorowitzA16Z SpeedrunCastor Ventures (an Alumni Ventures Fund)First Spark Ventures, LlcPatronVamosVentures
Luma Labs builds AI agents that generate, understand, and operate in the physical world, enabling creative teams to rapidly produce video, image, audio, and text content with unified general intelligence driving creative workflows.
AI & Machine LearningCreator EconomyMedia & EntertainmentPalo Alto, US
Amit Jain(Executive Officer, Director, Promoter)Sixian Yu(Executive Officer, Director, Promoter)Amit Jain at CVPR(Founder)
BoardDavid Beyer(Director)in
Co-investorsAmplify PartnersAndreessen HorowitzCRV (Charles River Ventures)MatrixAMD VenturesAmplify Partners CV+3 more
Mistral builds and open-sources frontier AI models, developer tools, and applications for organizations in finance, manufacturing, defense, energy, and the public sector to solve complex problems.
AI & Machine LearningCloud ComputingDeveloper ToolsEnterprise SoftwareParis, FR
Arthur Mensch(Co-founder & CEO)inGuillaume Lample(Co-founder & Chief Scientist)inTimothee Lacroix(Co-founder and CTO)inTimothée Lacroix(Co-founder & CTO)in
Co-investorsAndreessen HorowitzConvictionEuropean Investment Fundfirstminute capitalIndex VenturesIntegra Groupe+21 more
An AI-powered answer engine providing accurate, trusted, and real-time answers to questions.
San Francisco, US
Andrew D. Konwinski(Executive Officer, Director)Dzianis Yarats(Director)Aravind Srinivas Lakshminarayanan(Director, Executive Officer)Aravind Srinivas(Co-founder & CEO)inDenis Yarats(Co-founder & CTO)
BoardPeter Sonsini(Director)
Co-investors359 Capital7BC Venture CapitalAccelAdvaita CapitalAIX VenturesArrington Capital+49 more
Physical Intelligence develops generalist AI models for robotics that can control any robot to perform various tasks through learning algorithms and multi-robot training.
AI & Machine LearningDeep TechRoboticsSan Francisco, US
Sergey Levine(Founder)Adnan Esmail(Founder)Brian Ichter(Founder)Karol Hausman(Founder)Lachy Groom(Founder)Quan Vuong(Founder)
Co-investorsCapitalGKhosla VenturesLux CapitalRedpoint VenturesSequoia CapitalThrive Capital+24 more
Sardine provides a fraud investigation platform that contextualizes risk across customers, devices, transactions, and businesses within an organization's ecosystem.
AI & Machine LearningCybersecurityFintechSan Francisco, US
Soups Ranjan(Founder & CEO)inAdi G(Founder)Zahid Shaikh(Founder)in
Co-investors11.2 CapitalActivant CapitalAndreessen HorowitzCannage CapitalCoinbase VenturesCross Creek Advisors+14 more
A later venture from the Cruise founding team that Spark partnered on again.
Kyle Vogt(Founder)inParil Jain(Founder)in
Co-investorsDaft CapitalFifty YearsMaven VenturesMVP VenturesSpark CapitalSV Angel+2 more
Thinking Machines Lab is an AI research and product company building systems for human-AI collaboration with emphasis on customization, safety, and accessibility.
AI & Machine LearningSan Francisco, US
Mira Murati(Co-founder)inBarret Zoph(Co-founder)inLilian Weng(Co-founder)inAndrew Tulloch(Co-founder)inLuke Metz(Co-founder)inPhuong Nga Nguyen(Founder)
Co-investorsAccelAndreessen HorowitzBison VenturesGV (Google Ventures)Juniper Ventures Management, LlcOwl Ventures+4 more
x.ai builds frontier AI reasoning models, real-time voice AI, and generative media systems.
AI & Machine LearningDeep TechDeveloper ToolsEnterprise SoftwarePalo Alto, US
Yuhuai (Tony) Wu(Founder)Greg Yang(Founder)inGuodong Zhang(Founder)inIgor Babuschkin(Founder)inElon Musk(Founder)
Co-investors7percent VenturesAbstract VenturesAglae VenturesAmity VenturesAndreessen HorowitzArctic Digital+35 more
Exits · 2
IPOs and acquisitions across the tracked portfolioPortfolio news
latest coverage across their companiesFractile · cryptopolitan.com · Aug 20, 2026
Perplexity · cryptonews.com · Aug 20, 2026
SpaceX · businessinsider.com · Aug 16, 2026
Anthropic · Reuters · Aug 15, 2026
ElevenLabs · en.wikipedia.org · Aug 11, 2026
Anduril · bloomberg.com · Aug 10, 2026
Luma AI · ngram.com · Jul 17, 2026
xAI · readsludge.com · Jul 17, 2026
Frequently asked questions
- How many investments has Factorial Funds made?
- Factorial Funds has 19 tracked investments, 2 of which have exited via acquisition or IPO, including 1 dated in the last 24 months.
- What stage does Factorial Funds invest at?
- Factorial Funds invests at the Series B, Series C, Growth, Late Stage stages.
- What sectors does Factorial Funds focus on?
- Factorial Funds focuses on AI & Machine Learning, Consumer, Enterprise Software, Fintech, Hardware, SaaS.
- Where is Factorial Funds located?
- Factorial Funds is headquartered in San Francisco, US.
- Who does Factorial Funds co-invest with?
- Factorial Funds most often shares deals with Andreessen Horowitz, Accel, Maven Ventures, among 181 tracked co-investors.
Images
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