Yann LeCun joins 224 Ventures with $100M to back AI startups
<cite index="13-2">Former Meta chief scientist Yann LeCun has joined new firm 224 Ventures, which will invest in AI startups. The firm has $100m in assets under management, and will look to write $1m-$5m cheques for AI-native teams. Its LP base is made up of 244 people, primarily AI operators</cite>. <cite index="13-2">224 Ventures will be run by LeCun, alongside Google DeepMind researcher Oriol Vinyals and AIX Ventures founder Shaun Johnson</cite>.
<cite index="13-2">LeCun, known as the 'AI godfather', launched Paris-based world models startup AMI Labs last year, which has since picked up $1bn in funding</cite>. The new fund comes after LeCun briefly attempted to launch Extelligence Invest earlier this summer, which was abandoned due to exclusivity conflicts with his other fund commitments. <cite index="13-2">LeCun is also an advisor to London-based VC firm Hiro Capital</cite>.
The move signals both the maturation of AI-focused venture capital and the consolidation of AI infrastructure talent. LeCun's participation brings brand-name recruiting power and technical credibility to early-stage AI teams working on applications, robotics, and infrastructure. For practitioners: a $100M fund at $1M-$5M check sizes implies a portfolio of 20-100 AI companies, targeting founders who can demonstrate technical depth and operational velocity in a field where AI researchers are increasingly founding ventures.
Sources
- Primary source
- bloomberg.com
“The firm, called 224 Ventures, is launching with more than $100 million in assets under management. LeCun joins alongside Oriol Vinyals, a researcher at Google DeepMind”
- hpcwire.com
“Yann LeCun's startup Advanced Machine Intelligence (AMI) has raised $1.03 billion in seed funding to develop AI systems based on world models”