TLDR:
- Propagator Ventures, a Norwegian deep tech fund, invests in MIT-born startup Axiomatic_AI to revolutionize scientific inquiry with its AI model Automated Interpretable Reasoning (AIR).
- Axiomatic_AI aims to accelerate engineering and scientific discovery by providing correct and verifiable answers to physics and mathematics questions.
Article Summary:
Propagator Ventures, a deep tech fund, has chosen to back the MIT-born startup Axiomatic_AI, which has developed the AI model AIR. This venture aims to transform scientific inquiry by offering precise answers to complex mathematical questions. The team behind Propagator Ventures includes key members like Andreas Emblem and Alan Aspuru-Guzik. Axiomatic_AI, founded by prominent researchers from MIT, ICFO, and University of Toronto, received funding from Propagator Ventures and Kleiner Perkins. The startup’s goal is to increase science and engineering productivity tenfold by 2030.
The founders of Axiomatic_AI bring a wealth of experience in quantum computing, AI, chemistry, and computer science, with collective ventures valued at over $3 billion. This investment marks the third for Propagator Ventures in their PV Fund 2, with previous investments in companies like Koala Tech and Intrepid Labs. The fund has shown strong progress with its portfolio companies, paving the way for future investments in promising deep tech startups. Propagator Ventures believes that deep tech companies will play a crucial role in addressing global challenges and generating significant financial returns in the future.
