Tioex invests USD $2 million in OpenAI & Databricks

Tioex has announced new strategic investments in OpenAI and Databricks, marking a significant move in its AI investment strategy.

The investment platform has acquired existing shares valued at over USD $2 million, with approximately USD $1.5 million directed towards OpenAI and USD $500,000 towards Databricks. This decision reinforces Tioex's aim to make high-growth pre-IPO tech companies accessible to smaller private investors.

Johan Hägglund, Founder and Chief Executive Officer of Tioex, expressed his enthusiasm over the development. "We're thrilled to have secured stakes in two of the most dynamic tech companies shaping the future of AI—OpenAI and Databricks. The enthusiasm for AI-driven investments among our members is at an all-time high, and we're strategically positioned to explore the vast opportunities across the AI landscape," he stated.

The company's growth has been on an upward trajectory, especially following its expansion into the United States market. In 2024, Tioex tripled its number of investments compared to the previous year, furthering its investments in leading pre-IPO companies such as Anthropic, Databricks, and OpenAI.

Looking forward, Tioex plans to accelerate its international expansion, intending to launch a new platform and establish new partnerships to access global investment opportunities.

Hägglund commented on this trajectory: "The past six months have been transformative, with our members mobilising more capital in each investment round. Our international footprint is expanding rapidly—30% of participants in our recent SpaceX round were international investors—and we're committed to broadening access to these high-potential investment opportunities across borders."

Tioex has previously facilitated investments in numerous high-profile tech companies, including SpaceX, Einride, Northvolt, and Klarna, lowering investment barriers for retail investors aspiring to enter the tech sector.

Tioex's strategic investments in OpenAI and Databricks underscore its commitment to providing smaller private investors with access to high-growth AI-driven opportunities. With a strong track record of expanding into global markets and facilitating investments in tech companies, Tioex is poised for continued growth and international expansion. As the company broadens its reach, it aims to further democratise access to transformative investment opportunities, strengthening its position in the rapidly evolving AI sector.