Yet another startup aiming to help enterprises build, secure and orchestrate AI agents has raised a honking big seed round. Sycamore on Monday announced a $65 million seed led by Coatue and Lightspeed, with a long list of angels including former OpenAI chief scientist Bob McGrew, Intel CEO Lip-Bu Tan, Databricks CEO Ali Ghodsi, and others.
A few things turned investors’ heads and drew them to participate in such a big round out of the gate. First, unlike many startups in this space, Sycamore isn’t led by a 19-year-old Y Combinator grad — its founder brings decades of experience: Sri Viswanath, a former Coatue investor. He left the full-time VC role in the fall to launch Sycamore, where he is CEO.
