Fundamental Research Labs has secured $33 million in a Series A funding round led by Prosus Ventures. The investment will support the San Francisco-based applied AI research company’s efforts to advance multi-agent systems and deliver real-world autonomous tools.
In 2025, Fundamental Research Labs released a general-purpose AI agent known as Fairies that can automate daily tasks and launched Shortcut, an Excel agent designed to improve speed and accuracy.
“Few startups are working on advancing general AI agent capabilities through fundamental research,” Dr. Robert Yang, CEO and co-founder of Fundamental Research Labs, said in a statement. “Our mission is to deliver research breakthroughs that lead to increasingly impactful products. As our agents improve, classical methods of alignment will no longer be enough. We are learning from how humans build collaborative relationships and civilization.”
Combined with a $9 million seed round raised in May 2024, this latest investment brings Fundamental Research Labs’ total funding to more than $40 million.
