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Venture Capital

Inside Sam Altman’s VC portfolio

Venture investors have been spending increasing amounts of capital in AI recently, with OpenAI a main beneficiary of the influx of cash.

Venture investors have been spending increasing amounts of capital in AI recently with OpenAI a main beneficiary of the influx of cash. But while the company has been raising billions, CEO Sam Altman has been amassing his own portfolio of startup stakes.

The OpenAI co-founder—and its CEO since 2020—has been operating as an angel investor for well over a decade, racking up an investment count of over 130 bets across both early and late-stage, according to PitchBook data.

Asana, Reddit and Instacart are just some of the big names on Altman’s list of startup investments, which began during his time as founder and CEO of location-based social networking mobile app Loopt.

As would be expected, Altman has made several bets of his own in the AI space, participating in deals including AI chip startup Cerebras’ $80 million Series D and AI hardware and software platform Humane‘s $100 million Series C. Altman is also active in the healthcare space, which often overlaps with AI. Brain implant startup Neuralink and mRNA platform HelixNano are among the OpenAI CEO’s investments.

And while the overwhelming majority of the investments are in the US, there remains a handful of deals overseas. Altman participated in Senegal-based mobile money provider Wave‘s $200 million Series A, as well as British cultivated meat startup Uncommon‘s $30 million funding round.

Featured image by Jason Redmond/AFP/Getty Images

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