Established in 2017, the AI Alliance Fund is a joint $45M fund with Korean conglomerates SK Telecom, Hyundai Motor Company, Hanwha Asset Management and Canadian AI pioneer Element AI.Are you a mission-driven, resourceful and tenacious startup or an entrepreneur with technical depth and a thorough understanding of how to scale a business?The AI Alliance Fund invest in Series A and B startups with a focus on companies applying AI to Autonomous Vehicles, Advanced Manufacturing, and Robotics.We provide proprietary access to Hanwha, Hyundai and SK’s networks and deep industry experience combined with Element AI’s expertise in artificial intelligence.

2017
Corporate Venture Capital

Total Funds

$45,000,000
Sector
Technologies
Cyber Security
Analytics
Automotive
IoT
AI Enablers
Video
Media
ADAS
Computer Vision
AI Technology
Machine Learning
Deep Learning
Computer Vision
Offering Type
Business Model
Software
Hardware
B2B
B2B2C

Investment Portfolio

Inactive
2016
37

Startup

Status

Founded

Employees

Active
2017
63

Startup

Status

Founded

Employees

Active
2016
24

Startup

Status

Founded

Employees

Investment Round History

May 2020
Series A
$13,500,000

Startup

Date Announced

Round

Capital Raised

February 2019
Series A
$11,000,000

Startup

Date Announced

Round

Capital Raised

Co-Investors

News

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