PI Global Investments
Private Equity

Leonardo AI founders pour Canva money into Side Stage Ventures


The founders of artificial intelligence image-generation start-up Leonardo AI have joined a group of tech entrepreneurs backing one of its earliest investors, Side Stage Ventures, two years after selling their company to Canva for $US250 million ($349 million).

Side Stage Ventures has secured $40 million for its second fund, which it intends to close at $50 million. Leonardo AI co-founders JJ Fiasson, Christopher Gillis, Jachin Bhasme, Peter Runham and Sami Ede have invested in the new fund.

Loading…



Source link

Related posts

Vastian Secures Growth Investment From Bregal Sagemount and Silversmith Capital Partners

D.William

ComfyUI Raises $30M to Expand AI Image Generation Tools

D.William

This Growth Stock Will Be the AI Supercycle’s Biggest Winner — and It’s Not a Household Name

D.William

Leave a Comment