Odyssey Raises $310M Series B at $1.45B Valuation

Odyssey, a Los Angeles-based AI startup focused on world model development, has raised $310 million in a Series B funding round, bringing its total funding to $337 million and achieving a unicorn valuation of $1.45 billion.

Investors

The round was led by Natural Capital. Additional investors participating in the round include Amazon, AMD Ventures, GV, Jeff Dean, Elad Gil, Garry Tan, Guillermo Rauch, and Kyle Vogt.

Odyssey Use of Funds

The company plans to use the new capital to scale its world model AI platform. Additionally, Odyssey has designated AWS as its preferred cloud provider and will focus on optimizing its models to run on AWS Trainium chips.

About Odyssey

Founded in 2023 by former self-driving vehicle pioneers Oliver Cameron and Jeff Hawke, Odyssey creates world models that simulate physical environments with accurate physics. Their technology gathers real-world data to generate rich, interactive video from text prompts, supporting use cases ranging from video game creation to robotics.

Funding Details

Company Website: https://odyssey.ml

Company: Odyssey
Raised: $310M
Round: Series B
Funding Date: June 17, 2026
Lead Investor: Natural Capital
Additional Investors: Amazon, AMD Ventures, GV, Jeff Dean, Elad Gil, Garry Tan, Guillermo Rauch, Kyle Vogt
Software Category: Artificial Intelligence
Source: https://techcrunch.com/2026/06/17/world-model-maker-odyssey-nabs-1-45b-valuation-backed-by-amazon-and-other-big-names/