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Slow Variables

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Stack / Model / sub-layer 6

Neolabs (founded 2023+)

Indicators

Venture flow

$35.5M
23-03
$113M
23-06
$447M
23-12
$1.1B
24-03
$500M
24-06
$231M
25-03
$2.0B
25-09
$689M
25-12

Primary-round dollars per calendar quarter: Form D amount sold where the entity files, Epoch's press-compiled rounds otherwise. Amendments replace their originals; SPVs, secondaries and debt are excluded.

Entities · 28

EntityRoleSinceVerifiedLatest observation
1Xprimary○ not yetnone
ApptronikCIK 0001918029primary● yesForm D filed 2025-11-05 (0001918029-25-000006) · filing.pt · 2025-11-05
Black Forest LabsCIK 0002109710primary● yesForm D filed 2026-06-03 (0002109710-26-000002) · filing.pt · 2026-06-03
Cartesiaprimary○ not yetnone
ElevenLabsprimary○ not yetnone
FigureCIK 0002014185primary● yesForm D filed 2024-03-13 (0001493152-24-009735) · filing.pt · 2024-03-13
Harmonicprimary○ not yetnone
Humans&primary○ not yetnone
Inception Labsprimary○ not yetnone
Liquid AICIK 0002004369primary● yesForm D filed 2023-12-18 (0001567619-23-007868) · filing.pt · 2023-12-18
LumaCIK 0001971882primary● yesForm D filed 2023-08-25 (0001971882-23-000001) · filing.pt · 2023-08-25
MagicCIK 0001959571primary● yesForm D filed 2024-09-12 (0001959571-24-000006) · filing.pt · 2024-09-12
Mistral AIprimary● yes$400M · revenue_run_rate_usd.pt · 2026-01-31
Ndeaprimary○ not yetnone
Nous Researchprimary○ not yetnone
Periodic Labsprimary○ not yetnone
Physical Intelligenceprimary○ not yetnone
Pikaprimary○ not yetnone
Poolsideprimary○ not yetnone
Prime IntellectCIK 0002103990primary● yesForm D filed 2026-07-01 (0001231919-26-000720) · filing.pt · 2026-07-01
Reflection AIprimary○ not yetnone
Runwayprimary○ not yetnone
Safe Superintelligenceprimary○ not yetnone
Sakana AIprimary○ not yetnone
Skild AIprimary○ not yetnone
Sunoprimary○ not yetnone
Thinking Machines Labprimary○ not yet5.00 rung · rung_research.pt · 2025-10-27
World Labsprimary○ not yetnone

Seed lists come from the capture brief and are verified against filings one by one. A name here is not a claim about size or funding until an observation attaches.