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Ascend

Active VC
Portfolio Active
3
Latest Oumi
Deal flow
$18.1M
3 rounds
Unicorns
0
≥ $1B valuation
Founded
—
Latest
Jan 2025
Oumi

About Ascend

Venture capital firm tracking 3 AI investments, with focus on Open Source AI and United States startups. Total tracked deal flow: $18.1M.

Investment activity

2024–2025
$4.5M
$10M
1
'24
1
'25

Sector focus

🐙 Open Source AI 2
🏛️ AI Governance 1
📝 Form & Workflow 1
🎚️ Fine-tuning & Training 1
🧠 Foundation Models 1

Geographic focus

United States 2
US 1

Portfolio

3

Oumi

The unconditionally open platform to build, train and deploy custom AI models

Moondream

Tiny open vision-language models that run anywhere, from M87 Labs

Govstream.ai

AI-native permitting tools to help cities move faster on housing

Co-investors

6

M12 GitHub Fund

1 shared

Obvious Ventures

1 shared

Nellore Capital

1 shared

47th Street Partners

1 shared

Felicis

1 shared

Venrock

1 shared

Recent rounds

3
Jan 29, 2025 Seed $10M Oumi
Oct 28, 2024 Pre-Seed $4.5M Moondream
Seed $3.6M Govstream.ai