VC Fund Investments
AI infra startup Future AGI raises $1.6 M led by Powerhouse Ventures, Snow Leopard
Bengaluru - and San Francisco, CA (USA)-based AI infrastructure company Future AGI has raised USD 1.6 million in a pre-seed funding round led by Powerhouse Ventures and Snow Leopard Ventures with participation from Angellist Quant Fund, Saka Ventures, Swadharma Source Ventures, as well as industry experts and angel investors.The fresh proceeds will be used to enhance the firm's AI lifecycle management platform, strengthen proprietary technology stack, and grow engineering and growth teams.Founded in 2024 by Nikhil Pareek and Charu Gupta, Future AGI offers advanced evaluation systems for text and images, agent optimisers, and auto-annotation tools that allow users to complete evaluations in minutes and automatically optimise their AI systems for production, eliminating manual overheads, ensuring consistent performance.
In Aug-24, Future AGI had raised seed capital from AngelList.
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