October 30, 2024
Bifrost has announced its Series A round led by Carbide Ventures, with MD One, Techstars, Airbus Ventures and Peak XV Partners.
CEO and Co-Founder Charles Wong:
"With today’s fundraising announcement, we’re equally proud to be backed by not just the firms mentioned here, but by the exceptional people behind them, who believe in our vision for Bifrost AI. Today, we’re humbled to count NASA among our partners, alongside some of the world’s most technically demanding organizations, tackling humanity’s toughest engineering challenges."
About Bifrost
Bifrost is a 3D & AI data generation platform that empowers AI teams to create datasets for training and validating AI systems in hours instead of months. Users can easily control and simulate 3D worlds without requiring deep 3D expertise. These datasets help teach AI systems to handle new tasks, environments, and challenges, while also validating their performance and reliability across thousands of automatically generated scenarios. Bifrost partners with leading robotics, vision, and physical AI teams across government and industry, accelerating their development of advanced physical intelligence.
Charles and Aravind (both Forbes 30 Under 30) have assembled a talented team of AI researchers, autonomous mobility engineers, 3D graphics experts, artists, and game developers who are obsessed about AI, 3D and how it impacts the physical world. They hail from leading organizations such as NVIDIA, Industrial Light and Magic, Ubisoft, Google, and Meta. The team has experience shipping AAA titles like Star Wars and Avengers, designing Apple campuses, and building the world’s first nationwide digital contact tracing system for COVID-19.
About MD One
Founded in 2021 as Europe's first National Security specialist VC, MD One Ventures is a Venture Capital firm, investing in Pre- Seed to Series A National Security technology companies.
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