Former Palantir executives launch Dream with 17 million dollars from a16z
Startup founders Andy Elder and Arjun Mathur have raised 17 million dollars in funding from a16z to develop artificial intelligence world models for the construction sector.
FTMQ Startups, written by our newsroom0 views
Former Palantir executives Andy Elder and Arjun Mathur have launched Dream with 17 million dollars in funding led by Andreessen Horowitz, TechCrunch Venture and TechCrunch both reported. The startup builds artificial intelligence world models specifically designed for the construction industry. [1][2]
According to TechCrunch Venture, Dream trains its models on real physics, construction standards, and more than 100 million square feet of building data gathered from United States permit archives. The model uses this training data similarly to how large language models learn from text. [1]
TechCrunch Venture reported that the founders were former Stanford roommates who studied computer science before working at Palantir for a decade. Elder led product design for an 800 person defense and intelligence software team, while Mathur served as a senior vice president in the commercial practice of the company. [1]
As FTMQ Startups reported earlier, another startup named Dream Labs raised 90 million dollars in seed funding led by B Capital and Kindred Ventures to build foundation models for general purpose robots. [4]
In short
- Dream raised 17 million dollars from Andreessen Horowitz.
- Founders Andy Elder and Arjun Mathur previously spent ten years at Palantir.
- Dream trains its artificial intelligence models on over 100 million square feet of building permit data.
Sources
Every paragraph above points to the numbered items it rests on. Read the originals here.
- [1]Ex-Palantir execs launch Dream with $17M from a16z to build AI world models for constructionTechCrunch Venture, 16h ago (the report this story comes from)
- [2]Ex-Palantir execs launch Dream with $17M from a16z to build AI world models for constructionTechCrunch, 16h ago
Background
- [3]Dream on Grokipedia
- [4]Dream Labs raises 90 million dollars in seed funding for robotics AI FTMQ Startups, 10d ago
Our newsroom writes these reports with the help of software, from the 4 sources listed and nothing else, and checks them against those sources. Facts can still be wrong or move on; the originals are the record. Spotted a mistake? Write to daniel@monsterkong.com.
Related from FTMQ Startups
Earlier reports of ours on the same people and subjects.
- Dream Labs raises 90 million dollars in seed funding for robotics AIFunding Rounds, 10d ago
- Italian startup Magic Vision raises 600,000 euros for elder care monitoring technologyFunding Rounds, 1d ago
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