Home / Latest News / Top OpenAI, Google Brain researchers set off a $300M VC frenzy for their startup Periodic Labs 

Top OpenAI, Google Brain researchers set off a $300M VC frenzy for their startup Periodic Labs 

When Liam Fedus announced he was quitting OpenAI, VCs swarmed. One even wrote a love letter. Here's how Felicis' Peter Deng won the deal.
Top OpenAI, Google Brain researchers set off a $300M VC frenzy for their startup Periodic Labs  Top OpenAI, Google Brain researchers set off a $300M VC frenzy for their startup Periodic Labs  Reviewed by Ansh Goel on October 20, 2025 Rating: 5

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