Startups

Venture Capital Startups

Ambient.ai Secures $20M from Allegion to Advance AI-Powered Physical Security

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Chris McKay• October 31, 2023 • 1 min read

This strategic investment heralds a promising future for AI-driven solutions in physical security, allowing organizations to stay a step ahead in identifying and mitigating potential threats.

Anthropic Google Venture Capital Startups

Google Bets Big on AI Startup Anthropic with $2 Billion Investment

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Chris McKay• October 27, 2023 • 2 min read

With nearly $7 billion raised in the last year, Anthropic is cementing its position as a leading AI startup and rival to OpenAI, the maker of viral chatbot ChatGPT.

Venture Capital Startups Cybersecurity

AI Security Startup Cranium Raises $25M Series A

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Chris McKay• October 26, 2023 • 2 min read

Cranium provides software designed to help enterprises gain visibility into potential risks with AI systems, ensuring they are trustworthy, secure and compliant with regulations.

Venture Capital Startups Healthcare

Abridge Raises $30 Million to Accelerate Adoption of its AI-Powered Clinical Documentation

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Chris McKay• October 26, 2023 • 1 min read

The investment will support Abridge’s rapid expansion as health systems nationwide adopt its technology to reduce clinician burnout and enhance patient care.

Venture Capital Startups

CentML Raises $27 Million in Seed Funding to Optimize AI Model Deployment

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Chris McKay• October 25, 2023 • 2 min read

Its technology can optimize models to work faster and reduce computing costs, without sacrificing accuracy.

Venture Capital Startups

Eve Emerges from Stealth to Transform Legal Industry with Customizable AI Assistant

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Chris McKay• October 25, 2023 • 2 min read

Eve comes pre-loaded with dozens of legal skills covering tasks like case analysis, document review, and legal research.

Startups Marketing

WorkMagic Uses AI to Automate Marketing for Shopify Sellers

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Chris McKay• October 24, 2023 • 2 min read

The startup provides an all-in-one platform that handles everything from auto-generating product images to writing Facebook ads to analyzing campaign performance.

Venture Capital Startups AI Tech

Rebellions in Talks to Raise $100 Million to Fund Next-Gen AI Chip Development

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Chris McKay• October 24, 2023 • 2 min read

Rebellions aims to use the fresh capital to expedite development of its next-generation AI chip, codenamed "Rebel."

Venture Capital Startups AI Tech

ZenML Secures $3.7M in Additional Funding to Streamline MLOps

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Chris McKay• October 23, 2023 • 2 min read

The company also announced the rollout of ZenML Cloud, a new managed service designed for enterprise ML teams.

Venture Capital Startups

AI Startup Imbue Raises Additional $12 Million, Extending Series B to Over $210 Million

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Chris McKay• October 23, 2023 • 1 min read

The fresh funding will support long-term research and development focused on training AI agents that can reason and solve complex, real-world problems.

Databricks Startups

Databricks to Acquire Arcion for $100M: Bolstering Enterprise Data Integration

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Chris McKay• October 23, 2023 • 2 min read

This strategic move is anticipated to bolster Databricks' capabilities in importing data from a myriad of enterprise databases and SaaS applications directly into its Lakehouse Platform.

Venture Capital Startups China

Chinese Tech Giants Bet Big on AI Startup Zhipu in Heated Race With the US

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Chris McKay• October 20, 2023 • 2 min read

The substantial funding from Chinese tech stalwarts reflects their eagerness to cultivate domestic alternatives at a time when advanced US AI firms are increasingly out of reach.

OpenAI Venture Capital Startups

Thrive Capital to Lead Purchase of OpenAI Tender Offer at $80 Billion Valuation

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Chris McKay• October 19, 2023 • 2 min read

While the buzz around OpenAI's employee tender has already made rounds, Thrive Capital's role has remained under wraps until now.

Venture Capital Startups

Darwinium Raises $18M to Advance AI Fraud Prevention and Digital Security

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Chris McKay• October 19, 2023 • 3 min read

With this investment, bringing their total funding to $26 million, Darwinium plans to expedite the global adoption of its edge-based solution.

Venture Capital Startups

Objective Raises $13 Million to Bring AI-Powered Search to Websites and Apps

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Chris McKay• October 19, 2023 • 2 min read

Their Objective Search platform uses deep learning models to enable more natural queries and connect user intent with relevant results.

Venture Capital Startups

Reality Defender Raises $15M to Detect AI-Generated Content

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Chris McKay• October 17, 2023 • 2 min read

The round was led by DCVC, with participation from Comcast Ventures, Ex/ante, and Parameter Ventures.

China Venture Capital Startups

Chinese AI Startup Baichuan Joins Unicorn Club with $300 Million Funding from Alibaba, Tencent and Xiaomi

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Chris McKay• October 17, 2023 • 2 min read

The fresh influx of capital sets a new record for the fastest rise to unicorn status among Chinese startups.

Google AI Safety Startups

Google Announces AI for Cybersecurity Growth Academy

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Chris McKay• October 16, 2023 • 2 min read

The program aims to help startups applying AI to cybersecurity challenges to boost their customer base, generate more revenue, and expand internationally.

Venture Capital Startups

AI Security Startup Lakera Raises $10M to Protect Enterprise AI Applications

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Chris McKay• October 13, 2023 • 2 min read

Lakera provides developers with AI-powered threat intelligence to embed security into the development process.

Venture Capital Startups

Relay Launches to Take on Zapier with AI-Powered Workflow Automation

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Chris McKay• October 11, 2023 • 3 min read

The ambitious startup claims to "go beyond triggers and actions" by incorporating AI assistance, human collaboration, and role-based permissions.

Venture Capital Startups

Anysphere Raises $8M to Build Cursor, an AI-Powered IDE

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Chris McKay• October 11, 2023 • 2 min read

The round was led by OpenAI's Startup Fund, with participation from GitHub former CEO Nat Friedman, Dropbox co-founder Arash Ferdowsi, and other angel investors.

Venture Capital Startups

Modal Announces General Availability and Secures $16M in Series A Funding

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Chris McKay• October 10, 2023 • 2 min read

Modal provides a cloud function platform that allows data teams to easily run Python code in the cloud without infrastructure configuration. Users can deploy autoscaling inference endpoints, run large batch jobs, and convert functions into web endpoints or cron jobs all from Python.

Venture Capital Startups Education

Class Companion Secures $4M to Put AI to Work for Teachers and Students

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Chris McKay• October 9, 2023 • 2 min read

Teachers can craft assignments, and as students submit their work, the AI provides feedback, offers hints, suggestions for revision, and acknowledges progress.

Venture Capital Startups

Move AI Raises $10 Million in Seed Funding to Make 3D Animation More Accessible

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Chris McKay• October 6, 2023 • 2 min read

The round was led by Play Ventures and included participation from Warner Music Group, RKKVC, Level2 Ventures, and Animoca Brands.