Midjourney is not VC backed. They have a bit about this in the article:
> As a reminder, Midjourney has no investors. We are a totally new kind of research lab. We've seen academic, corporate, and government labs - but we are a distinct (and curious) new thing: we are a community-backed research lab.
> As a reminder, Midjourney has no investors. We are a totally new kind of research lab. We've seen academic, corporate, and government labs - but we are a distinct (and curious) new thing: we are a community-backed research lab.