Innospark Ventures is an AI-only venture fund that exclusively backs startups where AI is the core of the business, co-founded by Venkat Srinivasan, who combines rare credentials as an AI scientist, serial founder, and former finance professor with multiple AI-driven exits and deep operator experience. The fund operates as an evergreen structure that recycles exits back into the same-sized pool to build a long-term legacy fund, while focusing on explainable AI systems and maintaining deep ties to East Coast research institutions like MIT and Harvard for sourcing deals.