Odyssey Raises $310M in Series B Funding at $1.45 Billion Valuation

The round also saw participation from Amazon, AMD Ventures, Alphabet’s GV, EQT, In-Q-Tel (IQT), and angel investors including Google Chief Scientist Jeff Dean and Y Combinator CEO Garry Tan.

The company plans to use the funds to expand its computing infrastructure, advance its multi-agent simulation research, and grow its sales and market presence in the robotics, gaming, and defense industries.

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Odyssey has signed a new agreement with Amazon Web Services (AWS), making AWS its preferred cloud provider. As a company developing advanced world models, Odyssey requires powerful computing infrastructure to deliver high speed and quality.

Along with other computing hardware, Odyssey will use AWS Trainium chips, which are designed specifically for AI workloads. The two companies believe Trainium can provide strong performance at lower cost, and they plan to work together on future research and go-to-market initiatives to make these capabilities available to more customers.

Over the past three years, Odyssey has advanced research in the emerging field of world models. Its Odyssey-2 Max system improved the accuracy of physics-based world simulation, while Starchild-1 introduced the first real-time multimodal world model.

The company also launched Agora-1, which enabled multiple agents to interact within a shared simulated environment, and PROWL, which showed how world models can improve through active exploration. Together, these developments represent major steps toward building more capable and general-purpose world models.

“At Natural Capital, we invest behind ambitious technical teams building what comes next,” said Jay Zaveri, General Partner at Natural Capital. “We developed deep conviction in Odyssey’s research direction, technical leadership, and execution, which made this our largest investment to date. We believe they have the potential to help define AI beyond language models.”

“We believe world models represent a new class of foundation model—AI that can understand and simulate the world itself,” said Oliver Cameron, Co-Founder and CEO of Odyssey. “The last few years have seen breakthroughs in scaling, interactivity, multimodality, and physics accuracy, and the field is now advancing extremely quickly. This round provides the compute, infrastructure, and partners to push the frontier of general world models, and to achieve a GPT-3 moment for the field.”

“World models represent one of the most demanding workloads in AI—they require massive compute throughput with tight latency constraints," said Ron Diamant, Vice President and Distinguished Engineer at Amazon. "Odyssey's team has been pushing the boundaries of what's possible in this space, and Trainium is purpose-built for exactly this kind of scale. We're excited to support this next phase of growth with AWS as Odyssey’s preferred cloud provider, collaborate on optimizing their models on our silicon, and work together to help accelerate applications in robotics, gaming, science, and beyond."

About Odyssey

Founded in 2023 by Oliver Cameron and Jeff Hawke, Odyssey is an AI research company developing general world models—AI systems that can understand, predict, and interact with the real world over long periods of time. The company believes this technology can transform industries such as robotics, healthcare, science, education, gaming, defense, and more.

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