Amazon Alexa Fund is the corporate venture capital arm of Amazon that prefers to invest in companies operating in the voice technology sector. It is based in Seattle, Washington and was founded in 2015.
The Alexa Fund provides up to $200 million in venture capital funding to fuel voice technology innovation.
The Alexa Fund believes experiences designed around the human voice will fundamentally improve the way people use technology. Since introducing Alexa-enabled devices like the Amazon Echo, Amazon has heard from developers, device-makers, and companies of all sizes that want to innovate with voice. Whether that's creating new Alexa capabilities with the Alexa Skills Kit (ASK), building devices that use Alexa for new and novel voice experiences using the Alexa Voice Service (AVS), inventing core voice-enabling technology, or developing a product or service that can expand the boundaries of voice technology, the Amazon Alexa Fund was founded to help those developers.
The Alexa Fund offers financial support to their portfolio companies, as well as business and technology expertise and the ability to bring a portfolio companies products and services to market. They help bring the product or service to market by offering tools such as early access to SDK capabilities, development support for hardware or software, enhanced marketing support through Amazon's website, placement at Amazon showcase events and membership in AWS Activate.
An additional $100MM in venture capital for the Alexa Fund was announced targeted at international investment opportunities.
Greenlight Financial Technology is an Atlanta-based company offering a debit cards for kids parents can manage by app.
Baby monitors to track a baby's heart rate and oxygen levels, and stream video and audio to phones
June is a consumer electronics company making home automation products, most notably a smart oven called the June Oven.
Wearable device company founded in 2012 based in Kitchener, Ontario, Canada. The company was previously called Thalmic and changed their name to North in 2018.
U.S-based company developing interactive mobile application for children book readings.
ecobee is a Toronto-based developer of WiFi enabled thermostats for residential and commercial applications.
tado° is a Munich, Germany-based manufacturer of thermostats and mobile applications that adjust to the real-time behavior of residents in private homes and small businesses for greater energy efficiency.
Bamboo provides voice-enabled Alexa Skills for users ages 6 to Adult.
Aspinity is a company founded by Brandon Rumberg, Thomas Doyle and David Graham.
Amazon's newest Alexa Fund recipients are less consumer-focused
July 23, 2018