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.
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