Radical Ventures is a venture capital firm. Its humanoid robotics portfolio includes Generalist AI, Generalist.
Round size: $200M
Round size: $400M(invested $400M)
The $200 million extension comes just months after the physical AI startup reached a $2 billion valuation.
Toronto-based Veeda, which is developing world models for physical AI, has raised a $90M+ seed round. The company is led by Sanja Fidler, former VP of AI Research at Nvidia, and is backed by Khosla Ventures and Radical Ventures.
Generalist AI unveiled GEN-1 in early April, a general-purpose AI model designed for mastering simple physical tasks. The company released a technical blog post featuring multiple videos demonstrating the model's capabilities. This represents Generalist AI's entry into the general-purpose AI robotics space with a focus on physical task execution.