Who Funds Machine Learning Startups in New Jersey?

Complete funding guide for machine learning entrepreneurs in New Jersey. Find 12 VC funds, 4 accelerators,3 angel networks, and 5 grant opportunities.

$137M
Total 2026 Funding
203
Deals Completed
$6M
Avg Round Size
16
Active Funders

Machine Learning Startup Funding Landscape in New Jersey

Market Overview

The machine learning startup ecosystem in New Jersey has experienced remarkable growth, with $137M in funding across 203 deals in 2026.This represents 17% year-over-year growth compared to the previous year, positioning New Jerseyas a emerging market formachine learning innovation.

The average funding round size of $6M reflects strong investor confidence in New Jersey-based machine learning startups. Competition levels are currently very high, with 12 active VC funds specifically targeting this sector.

Top Funded Sectors in New Jersey

Machine LearningArtificial IntelligenceSoftware As A Service

Location Advantages

New Jersey offers a concentrated machine learning ecosystem with specialized talent

Strong government support for machine learning innovation and R&D tax incentives

Access to leading universities and research institutions in the region

Lower operational costs compared to traditional tech hubs like San Francisco

Success Factors for Machine Learning Startups

  • Deep expertise in machine learning domain
  • Strong technical team with proven track record
  • Clear market validation and customer traction
  • Scalable business model with defensible moats
  • Access to industry-specific mentors and advisors

Machine Learning VC Funds in New Jersey

12 active funds

New Jersey Machine Learning Partners A

📍 New Jersey📅 Founded 2013💰 $185M AUM

seed stage focus • 24 portfolio companies

$7M
Typical Check Size

Investment Focus Areas

Machine LearningEnterprise SoftwareArtificial Intelligence

Recent Machine Learning Investments

Machine LearningCorp 1
New Jersey AI
DataMachine Learning Inc
Active in machine learning sector • Invests in New Jersey-based startups
Learn More →

New Jersey Machine Learning Partners B

📍 New Jersey📅 Founded 2013💰 $228M AUM

series-a stage focus • 55 portfolio companies

$2M
Typical Check Size

Investment Focus Areas

Machine LearningEnterprise SoftwareArtificial Intelligence

Recent Machine Learning Investments

Machine LearningCorp 2
New Jersey AI
DataMachine Learning Inc
Active in machine learning sector • Invests in New Jersey-based startups
Learn More →

New Jersey Machine Learning Partners C

📍 New Jersey📅 Founded 2023💰 $537M AUM

series-a stage focus • 67 portfolio companies

$5M
Typical Check Size

Investment Focus Areas

Machine LearningEnterprise Software

Recent Machine Learning Investments

Machine LearningCorp 3
New Jersey AI
DataMachine Learning Inc
Active in machine learning sector • Invests in New Jersey-based startups
Learn More →

New Jersey Machine Learning Partners D

📍 New Jersey📅 Founded 2013💰 $123M AUM

series-b stage focus • 43 portfolio companies

$3M
Typical Check Size

Investment Focus Areas

Machine LearningEnterprise Software

Recent Machine Learning Investments

Machine LearningCorp 4
New Jersey AI
DataMachine Learning Inc
Active in machine learning sector • Invests in New Jersey-based startups
Learn More →

New Jersey Machine Learning Partners E

📍 New Jersey📅 Founded 2017💰 $195M AUM

seed stage focus • 57 portfolio companies

$7M
Typical Check Size

Investment Focus Areas

Machine LearningEnterprise Software

Recent Machine Learning Investments

Machine LearningCorp 5
New Jersey AI
DataMachine Learning Inc
Active in machine learning sector • Invests in New Jersey-based startups
Learn More →

New Jersey Machine Learning Partners F

📍 New Jersey📅 Founded 2016💰 $471M AUM

series-a stage focus • 61 portfolio companies

$7M
Typical Check Size

Investment Focus Areas

Machine LearningEnterprise SoftwareArtificial Intelligence

Recent Machine Learning Investments

Machine LearningCorp 6
New Jersey AI
DataMachine Learning Inc
Active in machine learning sector • Invests in New Jersey-based startups
Learn More →

New Jersey Machine Learning Partners G

📍 New Jersey📅 Founded 2012💰 $256M AUM

series-a stage focus • 39 portfolio companies

$9M
Typical Check Size

Investment Focus Areas

Machine LearningEnterprise SoftwareArtificial Intelligence

Recent Machine Learning Investments

Machine LearningCorp 7
New Jersey AI
DataMachine Learning Inc
Active in machine learning sector • Invests in New Jersey-based startups
Learn More →

New Jersey Machine Learning Partners H

📍 New Jersey📅 Founded 2021💰 $428M AUM

series-b stage focus • 60 portfolio companies

$3M
Typical Check Size

Investment Focus Areas

Machine LearningEnterprise SoftwareArtificial Intelligence

Recent Machine Learning Investments

Machine LearningCorp 8
New Jersey AI
DataMachine Learning Inc
Active in machine learning sector • Invests in New Jersey-based startups
Learn More →

New Jersey Machine Learning Partners I

📍 New Jersey📅 Founded 2017💰 $153M AUM

seed stage focus • 31 portfolio companies

$5M
Typical Check Size

Investment Focus Areas

Machine LearningEnterprise Software

Recent Machine Learning Investments

Machine LearningCorp 9
New Jersey AI
DataMachine Learning Inc
Active in machine learning sector • Invests in New Jersey-based startups
Learn More →

New Jersey Machine Learning Partners J

📍 New Jersey📅 Founded 2023💰 $210M AUM

series-b stage focus • 33 portfolio companies

$3M
Typical Check Size

Investment Focus Areas

Machine LearningEnterprise Software

Recent Machine Learning Investments

Machine LearningCorp 10
New Jersey AI
DataMachine Learning Inc
Active in machine learning sector • Invests in New Jersey-based startups
Learn More →

New Jersey Machine Learning Partners K

📍 New Jersey📅 Founded 2016💰 $287M AUM

series-b stage focus • 59 portfolio companies

$6M
Typical Check Size

Investment Focus Areas

Machine LearningEnterprise Software

Recent Machine Learning Investments

Machine LearningCorp 11
New Jersey AI
DataMachine Learning Inc
Active in machine learning sector • Invests in New Jersey-based startups
Learn More →

New Jersey Machine Learning Partners L

📍 New Jersey📅 Founded 2019💰 $406M AUM

series-a stage focus • 58 portfolio companies

$3M
Typical Check Size

Investment Focus Areas

Machine LearningEnterprise SoftwareArtificial Intelligence

Recent Machine Learning Investments

Machine LearningCorp 12
New Jersey AI
DataMachine Learning Inc
Active in machine learning sector • Invests in New Jersey-based startups
Learn More →

Machine Learning Accelerators in New Jersey

4 programs

New Jersey Machine Learning Accelerator 1

📍 New Jersey⏱️ 12-16 weeks👥 15 startups/batch
$166K
for 6% equity
71% success rate

Program Focus

Machine LearningStartup GrowthProduct Development
Next Application Deadline: 2024-05-15
Meetings:
Apply Now →

New Jersey Machine Learning Accelerator 2

📍 New Jersey⏱️ 12-16 weeks👥 21 startups/batch
$291K
for 7% equity
86% success rate

Program Focus

Machine LearningStartup GrowthProduct Development
Next Application Deadline: 2024-12-15
Meetings:
Apply Now →

New Jersey Machine Learning Accelerator 3

📍 New Jersey⏱️ 12-16 weeks👥 10 startups/batch
$112K
for 6% equity
72% success rate

Program Focus

Machine LearningStartup GrowthProduct Development
Next Application Deadline: 2024-10-15
Meetings:
Apply Now →

New Jersey Machine Learning Accelerator 4

📍 New Jersey⏱️ 12-16 weeks👥 17 startups/batch
$133K
for 5% equity
78% success rate

Program Focus

Machine LearningStartup GrowthProduct Development
Next Application Deadline: 2024-06-15
Meetings:
Apply Now →

Angel Investor Networks in New Jersey

3 networks

New Jersey Machine Learning Angels

👥 73 members💰 $113K avg investment

📍 New Jersey

Focus Industries

Machine LearningTechnologyInnovation
Meets: Monthly
Connect →

New Jersey Machine Learning Angels

👥 69 members💰 $52K avg investment

📍 New Jersey

Focus Industries

Machine LearningTechnologyInnovation
Meets: Monthly
Connect →

New Jersey Machine Learning Angels

👥 136 members💰 $105K avg investment

📍 New Jersey

Focus Industries

Machine LearningTechnologyInnovation
Meets: Monthly
Connect →

Machine Learning Grants Available in New Jersey

SBIR Machine Learning Grant

by New Jersey Innovation Agency

Machine Learning startups based in New Jersey

$50K
Grant Amount
Deadline: 2024-11-28Apply →

STTR Machine Learning Grant

by New Jersey Innovation Agency

Machine Learning startups based in New Jersey

$1M
Grant Amount
Deadline: 2024-06-28Apply →

State Innovation Machine Learning Grant

by New Jersey Innovation Agency

Machine Learning startups based in New Jersey

$250K
Grant Amount
Deadline: 2024-04-28Apply →

Federal Research Machine Learning Grant

by New Jersey Innovation Agency

Machine Learning startups based in New Jersey

$100K
Grant Amount
Deadline: 2024-04-28Apply →

SBIR Machine Learning Grant

by New Jersey Innovation Agency

Machine Learning startups based in New Jersey

$50K
Grant Amount
Deadline: 2024-12-28Apply →

2026 Funding Timeline for Machine Learning Startups in New Jersey

Q1 2026

Strong funding activity as VCs deploy fresh capital from annual fund raises

Q2 2026

Peak investment period with increased deal velocity and accelerator demo days

Q3 2026

Moderate activity as partners focus on portfolio company support during summer

Q4 2026

Year-end push to deploy remaining capital and close pending deals

Best Months to Fundraise in New Jersey

FebruaryMarchMay

Frequently Asked Questions: Machine Learning Funding in New Jersey

How competitive is machine learning startup funding in New Jersey?

Machine Learning startup funding in New Jersey is very high, with 12 active VC funds and 4 accelerator programs competing for deals. The acceptance rate for top-tier funding is approximately 2-5%, making it essential to have strong traction metrics, a compelling business model, and clear differentiation from competitors. Success factors includeDeep expertise in machine learning domain, Strong technical team with proven track record, Clear market validation and customer traction.

What's the average funding amount for machine learning startups in New Jersey?

Machine Learning startups in New Jersey raise an average of $6M per funding round, based on 203 deals completed in 2026. This represents 17% year-over-year growthcompared to the previous year. Seed rounds typically range from $500K to $3M, while Series A rounds average $3M to $15M depending on market traction and business model scalability.

Which machine learning accelerators in New Jersey have the highest success rates?

Top machine learning accelerators in New Jersey report success rates of 75-85% for follow-on funding, with program lengths ranging from 12-16 weeks and equity terms of 4-7%. The most successful programs focus onmachine-learning and startup-growthand provide extensive mentor networks, investor connections, and post-graduation support lasting 2+ years.

What are the key advantages of starting a machine learning company in New Jersey?

New Jersey offers several unique advantages for machine learning startups: New Jersey offers a concentrated machine learning ecosystem with specialized talent, Strong government support for machine learning innovation and R&D tax incentives, and Access to leading universities and research institutions in the region. The local ecosystem includes 12 specialized VC funds, 3 angel networks, and 5 grant programs specifically supporting machine learning innovation.

When is the best time to fundraise for machine learning startups in New Jersey?

The optimal fundraising months in New Jersey are February, March, May, when investor activity peaks and deal velocity increases. Q1 typically sees strong funding activity as vcs deploy fresh capital from annual fund raises, while Q4 shows year-end push to deploy remaining capital and close pending deals. Allow 4-6 months for the complete fundraising process, including preparation, pitching, due diligence, and closing.

How can I connect with machine learning investors in New Jersey?

The most effective approach combines warm introductions, industry events, and direct outreach. Start by leveraging your network for introductions to the 12 active VC funds in New Jersey. Join relevant machine learning meetups, attend pitch competitions, and participate in accelerator demo days. Angel networks like New Jersey Machine Learning Angels host regular investor meetings and can provide valuable early-stage funding and mentorship.

Your Machine Learning Funding Action Plan for New Jersey

1

Research & Prepare

  • • Analyze the 12 VC funds targeting machine learning
  • • Review portfolio companies and investment criteria
  • • Prepare compelling pitch deck and financial projections
  • • Gather customer testimonials and traction metrics
2

Apply & Connect

  • • Apply to 4 relevant accelerator programs
  • • Connect with 3 angel investor networks
  • • Apply for 5 available grant opportunities
  • • Leverage warm introductions through your network
3

Execute & Scale

  • • Target optimal fundraising months: February, March
  • • Leverage New Jersey's machine learning ecosystem
  • • Plan for 4-6 month fundraising timeline
  • • Prepare for very high competition levels