Overview
- Google’s AI Futures Fund and Accel will co-invest in at least 10 early-stage AI startups, targeting founders in India and the Indian diaspora.
- Each selected company can receive up to $2 million in seed capital, with up to $1 million contributed by each partner through Accel’s Atoms program.
- Program benefits include up to $350,000 in compute credits across Google Cloud, Gemini and DeepMind, early access to models and APIs, mentorship, and immersion sessions in London and the Bay Area.
- Google will take equity stakes and appear on startups’ cap tables, while allowing teams to use non-Google models and signaling the effort is not a cloud-sales initiative.
- The tie-up is the AI Futures Fund’s first country-focused collaboration and aligns with Google’s broader India push, including a recent $15 billion AI data center plan in Andhra Pradesh.