Comet Labs
Description
Comet Labs is a San Francisco-based venture capital firm and incubator singularly focused on investing in and supporting early-stage artificial intelligence and robotics startups. Established in 2015, the firm has carved out a niche as a specialist investor dedicated to the development of intelligent machines and advanced automation. Their mission extends beyond mere capital provision, aiming to foster a vibrant ecosystem for groundbreaking technologies within the AI and robotics sectors.
As an active early-stage investor, Comet Labs primarily targets seed and Series A rounds. Since its inception, the firm has made a significant impact, with Crunchbase data indicating over 70 investments in companies pushing the boundaries of machine learning, computer vision, and autonomous systems. Their investment thesis centers on identifying foundational technologies and applications that promise to redefine industries, from industrial automation to consumer-facing AI products.
Beyond financial backing, Comet Labs distinguishes itself through its incubator model, providing strategic guidance, operational support, and extensive industry connections to its portfolio companies. This hands-on approach is designed to accelerate the development and market penetration of complex AI and robotics solutions. For instance, reports from 2017 indicated that Comet Labs typically provided first checks ranging from $250,000 to $1 million, demonstrating their commitment to substantial early-stage capital and active partnership in the growth of their ventures.
Investor Profile
Comet Labs has backed more than 40 startups, with 0 new investments in the last 12 months alone. The firm has led 4 rounds, about 10% of its total and boasts 6 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
- Majority of deals are located in United States, China, Taiwan.
- Strong thematic focus on Artificial Intelligence (AI), Robotics, Machine Learning.
- Typical check size: $250K – $1M.
Stage Focus
- Seed (63%)
- Series A (13%)
- Series Unknown (8%)
- Series B (8%)
- Convertible Note (5%)
- Angel (3%)
- Pre Seed (3%)
Country Focus
- United States (90%)
- China (8%)
- Taiwan (3%)
Industry Focus
- Artificial Intelligence (Ai)
- Robotics
- Machine Learning
- Software
- Hardware
- Enterprise Software
- Predictive Analytics
- Industrial Automation
- Retail Technology
- Drones
Frequently Asked Questions
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