GV contributed to a series C round for the programmatic labelling technology developer at a $1bn valuation, pushing its total funding to $135m.

Snorkel AI, a US-based provider of artificial intelligence development software, secured $85m on Monday in a series C round that included GV, a corporate venturing subsidiary of internet and technology group Alphabet.

Venture capital firm Addition led the round, which was also backed by Greylock, Lightspeed Venture Partners, Nepenthe Capital, Walden International and funds and accounts managed by BlackRock.

Founded in 2019, Snorkel provides software that utilises programmatic labelling to help users build and label training data for AI and…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.
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