December 31, 2024 — For Immediate Release
AI Cognitive Ventures (AICV), a Delaware-based venture investment platform focused on artificial intelligence, has entered a new chapter in its growth journey. The firm has been acquired by a Singapore-based private equity group that now holds majority ownership.
This partnership strengthens AICV’s platform by adding institutional resources, expanded reach across Asia, MENA, and Europe, and enhanced capacity to support groundbreaking AI startups at the earliest stages.
As part of this transition, AICV’s founder has stepped back from day-to-day management toward semi-retirement but continues to serve on the Board of Directors, providing strategic oversight and continuity. Day-to-day operations and fund management are now led by the new ownership team, ensuring alignment with AICV’s disciplined long-term investment strategy.
“This is a new phase for AICV, but our mission remains the same,” said Edward T. Bianco, Founder and Board Member. “We remain focused on backing category-defining AI ventures — from infrastructure and autonomy to frontier models — and giving our investors access to opportunities that have the potential to reshape industries.”
AI Cognitive Ventures, LLC (Delaware) is a venture platform dedicated exclusively to investing in AI startups with the potential to become billion-dollar companies. The firm structures Delaware LLC funds and syndication vehicles for accredited investors, typically targeting 15–20 startups per fund with a $10 million fund size and capacity to expand up to $15 million in oversubscriptions. Each fund is limited to 200 investors to ensure efficient governance.
The new governance structure combines majority ownership by the Singapore-based private equity group with the ongoing involvement of AICV’s founder as a Board member. This model balances institutional oversight with entrepreneurial agility, ensuring AICV continues to deliver disciplined early-stage investing in AI.
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