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.
The Alexa Fund is a fund from Amazon that provides up to $100 million in venture capital funding to fund voice technology innovation for developers, device-makers, and companies. The firm was founded in 2015 in Seattle, Washington, United States.
The firm is primarily interested in providing for convertible note, early-stage and late-stage ventures, as well as seed opportunities. The firm invests in artificial intelligence, frontier tech, robotics, internet of things, enterprise, healthcare and other sectors.
Funding Rounds Participated In
Amazon Alexa Fund powers startup innovation
Paul Bernard, Director of the Amazon Alexa Fund, Kamila Rakhimova, Head of Alexa Startups
February 1, 2021
Amazon's newest Alexa Fund recipients are less consumer-focused
July 23, 2018
Venture Capital Firm attributes
- Venture capitalVenture capital is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies, that have been deemed to have high growth potential or which have demonstrated high growth. Capital invested usually carries a substantial element of risk.
- Amazon (company)Amazon is a multinational technology company focusing in e-commerce and cloud computing.