Context gets $11M to build an AI-powered office suite

Context, a startup building an AI-powered office suite, on Wednesday announced that it raised $11 million in a seed round led by Lux Capital with participation from Qualcomm Ventures and General Catalyst. The round, which brings the company’s total raised to around $15.75 million, values Context at $70 million. Founder Joseph Semrai, a Thiel Fellow, started working on Context in 2024 after he realized that current digital office suites are not well suited to take advantage of AI models. “[W]e have a bunch of disparate applications that aren’t necessarily built keeping the power of [AI models] in mind,” Semrai told TechCrunch in a phone interview. “We want to take advantage of the fact that [models] can understand large context windows and use multiple applications at the same time to get the best result.” Over the past few years, many startups in the productivity and browsing space have made user interface changes to adopt a chat-forward experience, largely thanks to the rise of AI- ... Read full article.