Who is betting on what in AI, and against whom.
Camp exposure
Labs backed
Frontier ComputingWetware: lab-cultured neurons as a compute substrate; $10M pre-seed, Y Combinator S26.
General IntuitionGameplay data as the road to world models.
Lila SciencesScientific superintelligence via automated experiments.
MistralEuropean open-weight frontier.
MoonvalleyLicensed-only video model for film.
PhysicsXLearned physics surrogates for engineers.
Rounds
| Date | Lab | Camp | Amount | Kind | Valuation | Role | Source |
|---|---|---|---|---|---|---|---|
| Sep 2026 | Frontier Computing | Other substrates | $10M | pre-seed | led | Wowtale | |
| Jun 2026 | PhysicsX | Physics AI | $300M | Series C | $2.40B post-money | joined | PhysicsX |
| Oct 2025 | General Intuition | World models | $134M | seed | joined | TechCrunch | |
| Jul 2025 | Moonvalley | World models | $84M | funding round | led | Business Wire | |
| Mar 2025 | Lila Sciences | Physics AI | $200M | seed | joined | PR Newswire | |
| Jun 2024 | Mistral | LLM scaling | $640M | Series B | $6.20B post-money | led | TechCrunch |
| Nov 2023 | PhysicsX | Physics AI | $32M | Series A | led | PhysicsX |