Jack Altman Raises $150 Million Venture Fund for Startups (1)

Jack Altman, younger brother of OpenAI Chief Executive Officer Sam Altman, says he has raised $150 million for a venture fund to invest in startups through his firm Alt Capital.

“Fired up and ready to go,” the younger Altman wrote in a post on X announcing the fund. He said he was seeking to expand his investing team and meet founders so “if you’re working on a startup I’d love to hear from you!”

The Information earlier reported the news.

The venture fund, the third of its kind from Alt Capital, will focus on early-stage startups primarily in ...