Leonis Capital has launched a new $25 million fund aimed at identifying and supporting emerging talent in the field of artificial intelligence. The fund will focus on backing early-stage AI-first companies, leveraging a thesis-driven investment approach. Leonis Capital, founded in 2021, believes AI is a supercycle technology that will power the next industrial revolution.
The firm aims to discover the next OpenAI by investing in fundamental technological trends and their commercial applications. Leonis Capital differentiates itself by resisting the 'spray-and-pray' investment style common among early-stage investors. The fund's launch comes amid significant investment and excitement surrounding AI, with many investors pouring capital into companies at high valuations.
