Odyssey, an AI lab pioneering world models founded by self-driving car veterans, announced a $310 million Series B funding round at a $1.45 billion valuation. Natural Capital led the investment, with participation from Amazon, AMD Ventures, GV, EQT, and In-Q-Tel (IQT). The capital will accelerate the company's research and broader deployment of its world model technology.

The funding round also saw participation from existing investors, including Jeff Dean, Google's chief scientist; Elad Gil; Qasar Younis, co-founder and CEO of Applied Intuition; Garry Tan, president and CEO of Y Combinator; Guillermo Rauch, founder and CEO of Vercel; and Kyle Vogt, founder of Cruise. This marks Natural Capital's largest investment to date, reflecting deep conviction in Odyssey's technical leadership and execution.

Strategic Cloud Partnership

Odyssey has entered a strategic agreement with Amazon Web Services (AWS), designating AWS as its preferred cloud provider. As a leading world model provider, Odyssey requires compute infrastructure designed for speed and quality. The company will utilize AWS Trainium chips, which are purpose-built to deliver performance advantages in price and efficiency. The two companies will collaborate on future research and go-to-market efforts to make these use cases more accessible to customers.

"World models represent one of the most demanding workloads in AI—they require massive compute throughput with tight latency constraints," said Ron Diamant, Vice President and Distinguished Engineer at Amazon. "Trainium is purpose-built for exactly this kind of scale."

Research Milestones

Over the last three years, Odyssey has advanced research in general world simulation. The company's portfolio includes Odyssey-2 Max, which advanced the state-of-the-art in physics-accuracy; Starchild-1, the first real-time multimodal world model; Agora-1, which launched multi-agent interaction within a shared world simulation; and PROWL, demonstrating how world models can improve through active exploration.

"We believe world models represent a new class of foundation model—AI that can understand and simulate the world itself," said Oliver Cameron, Co-Founder and CEO of Odyssey. "This round provides the compute, infrastructure, and partners to push the frontier of general world models."

Key Investment Details

Odyssey Technologies Limited shareholders approved a final dividend of ₹1 per equity share for the financial year ended March 31, 2026, and re-appointed Mr. Ravi Srinivasan as an Independent Director during its 36th Annual General Meeting held on June 3, 2026. The meeting, conducted via Video Conferencing, also sanctioned the adoption of financial statements and the appointment of a director by rotation.

Voting Results Overview

The company appointed A. Mohan Kumar of Mohan Kumar & Associates as the Scrutinizer to oversee the e-voting process. Remote e-voting was conducted from May 31, 2026, to June 2, 2026, with a total of 9,973,131 votes polled across four resolutions. The record date for determining shareholder eligibility was May 6, 2026.

Key Resolutions Passed

All four resolutions tabled at the meeting were passed with the requisite majority. The adoption of financial statements and the declaration of dividend received unanimous support from valid votes cast. The re-appointment of Mr. Ravi Srinivasan (DIN: 07193935) for a second term of five consecutive years, effective from November 1, 2026, to October 31, 2031, was approved as a Special Resolution.

Scrutinizer's Report Findings

The Scrutinizer's report noted that votes cast by the promoter and promoter group were considered invalid for the resolution regarding the appointment of Mr. B. Antony Raja due to their interest in the agenda. Similarly, votes by Mr. Ravi Srinivasan and his immediate relatives were treated as invalid for his own re-appointment resolution. The filing was submitted to the exchange on June 5, 2026.