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HomeFunding CA-based Lamini Secures $25Million in Seed and Series A Round Funding

[FUNDING NEWS] CA-based Lamini Secures $25Million in Seed and Series A Round Funding

Lamini, a startup that is building a platform to help enterprises deploy generative AI applications secures $25million in seed and series A round funding.

Lamini, a startup that is building a platform to help enterprises deploy generative AI applications secures $25million in seed and series A round funding.

Among the backers were AMD Ventures, Andrew Ng, Andrej Karpathy, Bernard Arnault, Pierre Lamond, Sarah Guo, Dylan Field, Lip-Bu Tan, Drew Houston, and Amplify Partners, which led the Series A and Seed rounds, respectively.

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With the additional investment, the team will grow faster and pursue deeper technological optimisations, providing corporations with the large-scale strategic assistance they require.

Under the direction of co-founder and CEO Sharon Zhou, Lamini offers an Enterprise AI platform that enables businesses to leverage their proprietary data to its fullest potential by transforming it into new LLM capabilities, securely deploying to vendor-neutral compute options, and enabling their internal software teams to advance to OpenAI-level AI teams.

Mike Dauber, General Partner, Amplify Partners said, “We believe there’s a massive opportunity for generative AI in enterprises. While there are a number of AI infrastructure companies, Lamini is the first one I’ve seen that is taking the problems of the enterprise seriously and creating a solution that helps enterprises unlock the tremendous value of their private data while satisfying even the most stringent compliance and security requirements. Lamini has been growing exponentially, working with major global enterprises. We’re excited to invest in Lamini and partner with the team to bring Expert AI to every enterprise.”

Todd Jackson, Partner, First Round Capital said, “Many founders these days are newcomers to generative AI and LLMs — but not Sharon and Greg. They’ve been working on this technology for over a decade and are world-class experts in AI and high-performance machine learning systems. That knowledge combined with a deeply customer-centric approach to solving problems for big enterprises creates a massive advantage for their customers. We’re excited to partner with Lamini and believe their vision will transform the way enterprises use and adopt AI.”

About Lamini

Lamini, the Enterprise AI platform, makes it possible for software teams within enterprises to develop new LLM capabilities that reduce hallucinations on proprietary data, run their LLMs securely from cloud VPCs to on premise, and scale their infrastructure with model evaluatioins that prioritize ROI and business outcomes over hype.

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