Who Funds Artificial Intelligence Startups in Minnesota?

Real, verified funding sources for artificial intelligence founders in Minnesota: VC funds, accelerators, angel networks, and active grant programs — sourced from SEC filings and Grants.gov, not estimates.

No funds headquartered in Minnesota matched "Artificial Intelligence" by name — the funds below are shown nationwide instead.

Artificial Intelligence Funding Snapshot — Minnesota (as of August 2026)

  • 1
    10 VC funds (nationwide)with "Artificial Intelligence" in their name — none headquartered in Minnesota in our data
  • 2
    2 acceleratorsopen to artificial intelligence founders in Minnesota (including globally-available programs)
  • 3
    6 angel networksbased in Minnesota
  • 4
    60 open grantsin the Technology category, refreshed nightly from Grants.gov

Artificial Intelligence VC Funds (Nationwide)

showing 10 of 60

SOUND VENTURES AI FUND, L.P.

📍 Santa Monica, CA📅 Filed March 2023

General partners: ASHTON KUTCHER, EFFIE EPSTEIN, GUY OSEARY

$265.8M
Effective fund size
$500K - $20M

Elemental AI Growth VIII LLC

📍 White Rock, A1📅 Filed December 2025🎯 Growth focus

General partners: Claire Abrehart, Dany Katra, Brandon Green

$225M
Effective fund size

SVA AI Growth, L.P.

📍 San Francisco, CA📅 Filed June 2025🎯 Growth focus

General partners: Ronald Conway

$215.3M
Effective fund size

Elemental AI Growth X LP

📍 Tortola, D8📅 Filed May 2026🎯 Growth focus

General partners: Katra Dany, Abrehart Claire, Green Brandon

$200M
Effective fund size

AI Venture Fund II, L.P.

📍 Mountain View, CA📅 Filed November 2023

General partners: Andrew Ng

$188.8M
Effective fund size

Future Ventures AI, LLC

📍 Los Altos, CA📅 Filed May 2024

General partners: Maryanna Saenko, Steve Jurvetson

$168.9M
Effective fund size

DFJ Growth AI Investors, L.P.

📍 Menlo Park, CA📅 Filed May 2024🎯 Growth focus

General partners: Randall S. Glein, John H.N. Fisher, Barry M. Schuler

$101M
Effective fund size

Valor Ventures P-AI, L.P.

📍 New York, NY📅 Filed June 2025

General partners: Clifford Sobel, Paulo Passoni, Scott Sobel

$80.8M
Effective fund size

Good AI Capital Fund I, L.P.

📍 Sunnyvale, CA

General partners: Darwin Ling

$70M
Effective fund size

Metaplanet AI Fund I, LP

📍 Tallinn, 1H📅 Filed August 2025

General partners: Jaan Tallinn, Karl-Rauno Miljand

$69M
Effective fund size

Artificial Intelligence Accelerators Open to Minnesota

2 programs

gener8tor Minneapolis

Minneapolis, MN

gener8tor Minneapolis

$100K
Deadline: Rolling / no fixed deadline
Learn More →

Target Accelerator

Minneapolis, MN

Target Accelerator

Varies
Deadline: Rolling / no fixed deadline
Learn More →

Angel Investor Networks in Minnesota

6 networks

Minnesota Angel Tax Credit Network

👥 200 members💰 $10K - $200K check range

📍 Minneapolis, MN

TechnologyHealthcareConsumerFintechSaaS

Gopher Angels

👥 80 members💰 $10K - $150K check range

📍 Minneapolis, MN

TechnologyHealthcareSoftware

Midwest Startup Angels

👥 60 members💰 $10K - $150K check range

📍 Minneapolis, MN

TechnologyHealthcareConsumerFintechSaaS

Southeast Minnesota Capital Fund LLC

👥 55 members💰 $5K - $75K check range

📍 MN

TechnologyGeneral

Gopher Angels, LLC

👥 35 members💰 $5K - $75K check range

📍 MN

TechnologyGeneral

City of Shakopee

👥 28 members💰 $5K - $75K check range

📍 MN

TechnologyGeneral

Grants in the Technology Category

Artificial Intelligence falls under the broader "Technology" category in federal grant data. These are federal programs open to eligible founders nationwide (including Minnesota) — live from Grants.gov, refreshed nightly.

Decentralized Artificial Intelligence through Controlled Emergence (DICE)

DARPA - Information Processing Technologies Office

Deadline: August 25, 2026Apply →
Deadline: August 28, 2026Apply →
Deadline: August 28, 2026Apply →

?Artificial Intelligence Funding FAQs — Minnesota

Are there artificial intelligence VCs headquartered in Minnesota?

We don't have any funds headquartered in Minnesota whose name references artificial intelligence. Below are artificial intelligence-related funds from across the country instead — many invest outside their home state.

What accelerators in Minnesota support artificial intelligence startups?

2 accelerator programs open to Minnesota-based artificial intelligence founders are in our database, including programs based in Minnesota and globally-available programs.

Are there angel investor networks in Minnesota?

Yes — 6 angel investor networks based in Minnesota are in our database, ranked by member count with artificial intelligence-relevant groups surfaced first where our sector data supports it.

What grants are available for artificial intelligence founders?

60 currently open federal grant programs are tagged under the Technology category, which is where artificial intelligence falls in our grant classification. These are federal programs open to eligible founders nationwide (including Minnesota), pulled live from Grants.gov and refreshed nightly.

Your Artificial Intelligence Funding Action Plan

1

Research & Prepare

  • Review the 10 artificial intelligence-matched funds above and their filing history
  • Check each fund's website for current investment criteria before reaching out
  • Prepare a pitch deck and financial projections tailored to your stage
2

Apply & Connect

  • Apply to the 2 accelerator programs listed above
  • Reach out to the 6 angel networks in Minnesota
  • Check eligibility for the 6 open grant programs above
3

Follow Up

  • Track deadlines for any application-based programs above
  • Look for warm introductions through your existing network before cold outreach
  • Revisit this page periodically — fund and grant data refreshes nightly