Odyssey Raises $310M at $1.45B Valuation With Amazon Backing
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- Odyssey raised $310 million in a Series B round at a $1.45 billion valuation, led by Natural Capital, with participation from Amazon, AMD Ventures, and GV
- Odyssey built world models by sending people with camera-equipped backpacks to gather real-world data, mimicking Google Earth’s approach but on foot rather than by car
- Amazon joined the funding round and will host Odyssey’s models on AWS, which is now the startup’s preferred cloud provider, with optimization for AWS Trainium chips
- Odyssey offers world models for applications in robotics and video-game creation, and is known for generating interactive video from text prompts
- Oliver Cameron and Jeff Hawke, the CEO and CTO of Odyssey, bring self-driving vehicle expertise from prior roles at GM’s Cruise and U.K. startup Wayve, respectively
- Odyssey has secured angel investment from prominent tech figures including Jeff Dean, Elad Gil, Garry Tan, Guillermo Rauch, and Cruise founder Kyle Vogt
- Odyssey has raised $337 million to date, with its world model technology seen as a next-generation step beyond large language models
Why it matters: Odyssey’s $1.45B valuation and AWS partnership give it immediate scale to challenge Nvidia-dominated AI infrastructure, while its physics-accurate simulations open new commercial paths in robotics and gaming—sectors where real-world fidelity is critical and now computationally within reach.
