NFDG

NFDG is a venture capital firm focused on investing in artificial intelligence (AI) companies, spanning from seed to growth stages. The firm invests between $1 million and $100 million in various projects and initiatives within the AI sector. Their portfolio includes notable companies such as Eleven Labs, Pika, Magic, Perplexity, Distyl, Coreweave, Terraform Industries, Weights and Biases, ggml.ai, Freed AI, Suno, EvolutionaryScale, The Bot Company, Klarity, SSI, Granola, Juicebox, and Artificial Intelligence Underwriting Company.

In addition to direct investments, NFDG sponsors an accelerator program for seed-stage AI companies through AI Grant, providing resources and support to emerging startups. The firm also operates the Andromeda Cluster, a supercomputer dedicated to facilitating AI startups by offering computational resources essential for research and development. Furthermore, NFDG provides grants to support open-source AI projects via AI Grant, promoting innovation and collaboration in the AI community.

The leadership team comprises notable figures in the technology and investment sectors, including Nat Friedman, Daniel Gross, Patrick Hsu, Hersh Desai, and Lenny Bogdonoff. Their combined expertise and resources aim to foster the growth and success of AI startups, contributing to advancements in the field and the broader technology landscape.