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Fund profile

Allen Institute for AI (AI2) Incubator

Allen Institute for AI (AI2) Incubator

Seattle, United States

Leading

About

AI2 Incubator, founded by Paul Allen's Allen Institute for AI, is a Seattle-based incubator focused on launching groundbreaking AI startups. With a mission to support AI-driven innovation, AI2 Incubator provides pre-seed investments of up to $500,000, access to $1M in cloud computing credits, and AI product development resources. Startups in its portfolio span critical areas like foundation models, AI for social good, and domain-specific AI. Some of their notable alumni include companies like Lexion, WhyLabs, and WellSaid Labs, with the incubator's startups collectively raising over $220 million. AI2 Incubator emphasizes hands-on involvement, supporting founders from ideation through Series A. It also offers extensive technical guidance, customer discovery assistance, and access to a network of AI experts. Founders from diverse backgrounds—engineers, scientists, product leaders—are encouraged to apply, with the incubator prioritizing teams that are passionate about solving real-world problems through AI. The incubator is led by a team of seasoned AI professionals, including Oren Etzioni and Jacob Colker, who work closely with startups to ensure their success in building innovative products and scaling their businesses. With deep ties to the AI2 research institute, AI2 Incubator helps startups leverage cutting-edge research to build impactful, scalable products. This unique combination of early capital, expert mentorship, and technical support has made AI2 Incubator a key player in fostering the next generation of AI-first companies.

Details

Average check

$100K-$500K

Round

Pre-Seed
Seed
Funding Round
Series A

Previous Investments

AI & Deep Tech
Biotech
Education
Hardware. Robotics & IoT
Healthtech & Wellness
Other
Software & Apps

Geo focus

Europe

Highlights

$6.3M

Historical max check

June 2024

Last investment date

15

Investments

AI & Deep Tech

Software & Apps

Education

Biotech

Healthtech & Wellness

Hardware. Robotics & IoT

Other

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Contacts

Website

ai2incubator.com

Email

ai2-info@allenai.org

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