Who Funds Machine Learning Startups in North Carolina?

Complete funding guide for machine learning entrepreneurs in North Carolina. Find 9 VC funds, 6 accelerators,3 angel networks, and 2 grant opportunities.

$236M
Total 2026 Funding
168
Deals Completed
$5M
Avg Round Size
15
Active Funders

Machine Learning Startup Funding Landscape in North Carolina

Market Overview

The machine learning startup ecosystem in North Carolina has experienced remarkable growth, with $236M in funding across 168 deals in 2026.This represents 29% year-over-year growth compared to the previous year, positioning North Carolinaas a highly competitive market formachine learning innovation.

The average funding round size of $5M reflects strong investor confidence in North Carolina-based machine learning startups. Competition levels are currently high, with 9 active VC funds specifically targeting this sector.

Top Funded Sectors in North Carolina

Machine LearningArtificial IntelligenceSoftware As A Service

Location Advantages

North Carolina offers a concentrated machine learning ecosystem with specialized talent

Strong government support for machine learning innovation and R&D tax incentives

Access to leading universities and research institutions in the region

Lower operational costs compared to traditional tech hubs like San Francisco

Success Factors for Machine Learning Startups

  • Deep expertise in machine learning domain
  • Strong technical team with proven track record
  • Clear market validation and customer traction
  • Scalable business model with defensible moats
  • Access to industry-specific mentors and advisors

Machine Learning VC Funds in North Carolina

9 active funds

North Carolina Machine Learning Partners A

📍 North Carolina📅 Founded 2012💰 $176M AUM

series-a stage focus • 26 portfolio companies

$3M
Typical Check Size

Investment Focus Areas

Machine LearningEnterprise Software

Recent Machine Learning Investments

Machine LearningCorp 1
North Carolina AI
DataMachine Learning Inc
Active in machine learning sector • Invests in North Carolina-based startups
Learn More →

North Carolina Machine Learning Partners B

📍 North Carolina📅 Founded 2015💰 $376M AUM

series-a stage focus • 24 portfolio companies

$9M
Typical Check Size

Investment Focus Areas

Machine LearningEnterprise SoftwareArtificial Intelligence

Recent Machine Learning Investments

Machine LearningCorp 2
North Carolina AI
DataMachine Learning Inc
Active in machine learning sector • Invests in North Carolina-based startups
Learn More →

North Carolina Machine Learning Partners C

📍 North Carolina📅 Founded 2014💰 $482M AUM

series-a stage focus • 34 portfolio companies

$9M
Typical Check Size

Investment Focus Areas

Machine LearningEnterprise SoftwareArtificial Intelligence

Recent Machine Learning Investments

Machine LearningCorp 3
North Carolina AI
DataMachine Learning Inc
Active in machine learning sector • Invests in North Carolina-based startups
Learn More →

North Carolina Machine Learning Partners D

📍 North Carolina📅 Founded 2012💰 $205M AUM

seed stage focus • 33 portfolio companies

$8M
Typical Check Size

Investment Focus Areas

Machine LearningEnterprise SoftwareArtificial Intelligence

Recent Machine Learning Investments

Machine LearningCorp 4
North Carolina AI
DataMachine Learning Inc
Active in machine learning sector • Invests in North Carolina-based startups
Learn More →

North Carolina Machine Learning Partners E

📍 North Carolina📅 Founded 2010💰 $243M AUM

seed stage focus • 64 portfolio companies

$5M
Typical Check Size

Investment Focus Areas

Machine LearningEnterprise Software

Recent Machine Learning Investments

Machine LearningCorp 5
North Carolina AI
DataMachine Learning Inc
Active in machine learning sector • Invests in North Carolina-based startups
Learn More →

North Carolina Machine Learning Partners F

📍 North Carolina📅 Founded 2018💰 $153M AUM

series-a stage focus • 44 portfolio companies

$4M
Typical Check Size

Investment Focus Areas

Machine LearningEnterprise Software

Recent Machine Learning Investments

Machine LearningCorp 6
North Carolina AI
DataMachine Learning Inc
Active in machine learning sector • Invests in North Carolina-based startups
Learn More →

North Carolina Machine Learning Partners G

📍 North Carolina📅 Founded 2020💰 $143M AUM

series-a stage focus • 24 portfolio companies

$9M
Typical Check Size

Investment Focus Areas

Machine LearningEnterprise SoftwareArtificial Intelligence

Recent Machine Learning Investments

Machine LearningCorp 7
North Carolina AI
DataMachine Learning Inc
Active in machine learning sector • Invests in North Carolina-based startups
Learn More →

North Carolina Machine Learning Partners H

📍 North Carolina📅 Founded 2020💰 $125M AUM

series-b stage focus • 30 portfolio companies

$5M
Typical Check Size

Investment Focus Areas

Machine LearningEnterprise SoftwareArtificial Intelligence

Recent Machine Learning Investments

Machine LearningCorp 8
North Carolina AI
DataMachine Learning Inc
Active in machine learning sector • Invests in North Carolina-based startups
Learn More →

North Carolina Machine Learning Partners I

📍 North Carolina📅 Founded 2016💰 $495M AUM

seed stage focus • 44 portfolio companies

$9M
Typical Check Size

Investment Focus Areas

Machine LearningEnterprise Software

Recent Machine Learning Investments

Machine LearningCorp 9
North Carolina AI
DataMachine Learning Inc
Active in machine learning sector • Invests in North Carolina-based startups
Learn More →

Machine Learning Accelerators in North Carolina

6 programs

North Carolina Machine Learning Accelerator 1

📍 North Carolina⏱️ 12-16 weeks👥 19 startups/batch
$106K
for 6% equity
78% success rate

Program Focus

Machine LearningStartup GrowthProduct Development
Next Application Deadline: 2024-04-15
Meetings:
Apply Now →

North Carolina Machine Learning Accelerator 2

📍 North Carolina⏱️ 12-16 weeks👥 19 startups/batch
$166K
for 6% equity
71% success rate

Program Focus

Machine LearningStartup GrowthProduct Development
Next Application Deadline: 2024-08-15
Meetings:
Apply Now →

North Carolina Machine Learning Accelerator 3

📍 North Carolina⏱️ 12-16 weeks👥 24 startups/batch
$172K
for 5% equity
77% success rate

Program Focus

Machine LearningStartup GrowthProduct Development
Next Application Deadline: 2024-06-15
Meetings:
Apply Now →

North Carolina Machine Learning Accelerator 4

📍 North Carolina⏱️ 12-16 weeks👥 18 startups/batch
$284K
for 6% equity
80% success rate

Program Focus

Machine LearningStartup GrowthProduct Development
Next Application Deadline: 2024-11-15
Meetings:
Apply Now →

North Carolina Machine Learning Accelerator 5

📍 North Carolina⏱️ 12-16 weeks👥 18 startups/batch
$244K
for 7% equity
72% success rate

Program Focus

Machine LearningStartup GrowthProduct Development
Next Application Deadline: 2024-01-15
Meetings:
Apply Now →

North Carolina Machine Learning Accelerator 6

📍 North Carolina⏱️ 12-16 weeks👥 23 startups/batch
$266K
for 6% equity
78% success rate

Program Focus

Machine LearningStartup GrowthProduct Development
Next Application Deadline: 2024-10-15
Meetings:
Apply Now →

Angel Investor Networks in North Carolina

3 networks

North Carolina Machine Learning Angels

👥 50 members💰 $53K avg investment

📍 North Carolina

Focus Industries

Machine LearningTechnologyInnovation
Meets: Monthly
Connect →

North Carolina Machine Learning Angels

👥 94 members💰 $75K avg investment

📍 North Carolina

Focus Industries

Machine LearningTechnologyInnovation
Meets: Monthly
Connect →

North Carolina Machine Learning Angels

👥 139 members💰 $109K avg investment

📍 North Carolina

Focus Industries

Machine LearningTechnologyInnovation
Meets: Monthly
Connect →

Machine Learning Grants Available in North Carolina

SBIR Machine Learning Grant

by North Carolina Innovation Agency

Machine Learning startups based in North Carolina

$250K
Grant Amount
Deadline: 2024-09-28Apply →

STTR Machine Learning Grant

by North Carolina Innovation Agency

Machine Learning startups based in North Carolina

$250K
Grant Amount
Deadline: 2024-06-28Apply →

2026 Funding Timeline for Machine Learning Startups in North Carolina

Q1 2026

Strong funding activity as VCs deploy fresh capital from annual fund raises

Q2 2026

Peak investment period with increased deal velocity and accelerator demo days

Q3 2026

Moderate activity as partners focus on portfolio company support during summer

Q4 2026

Year-end push to deploy remaining capital and close pending deals

Best Months to Fundraise in North Carolina

FebruaryMarchMay

Frequently Asked Questions: Machine Learning Funding in North Carolina

How competitive is machine learning startup funding in North Carolina?

Machine Learning startup funding in North Carolina is high, with 9 active VC funds and 6 accelerator programs competing for deals. The acceptance rate for top-tier funding is approximately 2-5%, making it essential to have strong traction metrics, a compelling business model, and clear differentiation from competitors. Success factors includeDeep expertise in machine learning domain, Strong technical team with proven track record, Clear market validation and customer traction.

What's the average funding amount for machine learning startups in North Carolina?

Machine Learning startups in North Carolina raise an average of $5M per funding round, based on 168 deals completed in 2026. This represents 29% year-over-year growthcompared to the previous year. Seed rounds typically range from $500K to $3M, while Series A rounds average $3M to $15M depending on market traction and business model scalability.

Which machine learning accelerators in North Carolina have the highest success rates?

Top machine learning accelerators in North Carolina report success rates of 75-85% for follow-on funding, with program lengths ranging from 12-16 weeks and equity terms of 4-7%. The most successful programs focus onmachine-learning and startup-growthand provide extensive mentor networks, investor connections, and post-graduation support lasting 2+ years.

What are the key advantages of starting a machine learning company in North Carolina?

North Carolina offers several unique advantages for machine learning startups: North Carolina offers a concentrated machine learning ecosystem with specialized talent, Strong government support for machine learning innovation and R&D tax incentives, and Access to leading universities and research institutions in the region. The local ecosystem includes 9 specialized VC funds, 3 angel networks, and 2 grant programs specifically supporting machine learning innovation.

When is the best time to fundraise for machine learning startups in North Carolina?

The optimal fundraising months in North Carolina are February, March, May, when investor activity peaks and deal velocity increases. Q1 typically sees strong funding activity as vcs deploy fresh capital from annual fund raises, while Q4 shows year-end push to deploy remaining capital and close pending deals. Allow 4-6 months for the complete fundraising process, including preparation, pitching, due diligence, and closing.

How can I connect with machine learning investors in North Carolina?

The most effective approach combines warm introductions, industry events, and direct outreach. Start by leveraging your network for introductions to the 9 active VC funds in North Carolina. Join relevant machine learning meetups, attend pitch competitions, and participate in accelerator demo days. Angel networks like North Carolina Machine Learning Angels host regular investor meetings and can provide valuable early-stage funding and mentorship.

Your Machine Learning Funding Action Plan for North Carolina

1

Research & Prepare

  • • Analyze the 9 VC funds targeting machine learning
  • • Review portfolio companies and investment criteria
  • • Prepare compelling pitch deck and financial projections
  • • Gather customer testimonials and traction metrics
2

Apply & Connect

  • • Apply to 6 relevant accelerator programs
  • • Connect with 3 angel investor networks
  • • Apply for 2 available grant opportunities
  • • Leverage warm introductions through your network
3

Execute & Scale

  • • Target optimal fundraising months: February, March
  • • Leverage North Carolina's machine learning ecosystem
  • • Plan for 4-6 month fundraising timeline
  • • Prepare for high competition levels