Confusion, the developer of an AI search engine, raises a $ 50 million seed and pre-seed investment fundCNBC reported. Although most capital comes from limited partners, confusion uses some of the capital it raised for the company's growth to claim the fund. The confusion has been reported raised $ 500 million to a $ 9 billion appreciation in December.
The perplexity fund was governed by general partners Kelly Graziadei and Joanna Lee Shevelenko, who in 2018 established an early stage of adventure, F7 VenturesAccording to pitchbook data. F7 is invested in startups such as Women's Health Company Midi. It is unclear whether Graziadei and Shevelenko will continue to run F7 or if they focus all their strengths in the perplexitiy adventure fund.
Openai also manages an investment fund known as Openai Startup Fund. However, unlike the confusion, the Openai claimed it not using one's own capital For these investments.
