Startups

Venture Capital Startups Media & Entertainment

Series AI Launches with $7.9M in Seed Funding to Revolutionize Game Development with AI

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Chris McKay• September 14, 2023 • 2 min read

The Series AI platform integrates powerful generative AI models within a user-friendly game editor, effectively reducing the friction and time involved in traditional game development.

Venture Capital Startups

LastMile AI Receives $10 Million in Seed Funding to Simplify AI Application Development

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Chris McKay• September 14, 2023 • 2 min read

The startup aims to provide a unified platform that makes generative AI more accessible to software engineers and product teams beyond just AI researchers.

Venture Capital Startups

Patronus AI Launches with $3M Seed Funding to Boost Enterprise Confidence in AI

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Chris McKay• September 14, 2023 • 2 min read

Patronus AI's platform provides an automated evaluation and security layer for LLMs with scoring, test generation, and benchmarking to proactively detect potential model mistakes.

Venture Capital Startups AI Tech

Enfabrica Raises $125M to Advance Production of AI Infrastructure Chips

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Chris McKay• September 12, 2023 • 2 min read

This substantial influx of capital is earmarked for accelerating the production of Enfabrica's groundbreaking Accelerated Compute Fabric Switch (ACF-S) devices and solutions.

Venture Capital Startups

Mathpresso Secures $8 Million Investment from KT to Develop Education-Focused AI

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Chris McKay• September 11, 2023 • 2 min read

With the new funding, Mathpresso aims to accelerate the development of a large language model specifically optimized for education.

Venture Capital Startups Education

Ello Raises $15 Million to Teach Children to Read Using AI

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Chris McKay• September 8, 2023 • 2 min read

The startup aims to make quality one-on-one literacy instruction accessible to any child, regardless of economic or environmental challenges.

Venture Capital Startups AI Tech NVIDIA

Imbue Raises $200 Million to Build Reasoning Models and Autonomous Agents

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Chris McKay• September 7, 2023 • 3 min read

This latest funding round values Imbue at over $1 billion, making it one of the very few woman-led AI unicorns.

Venture Capital Startups

Automation Startup Automat Raises $3.75 Million to Streamline Workflow Automation

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Chris McKay• September 6, 2023 • 2 min read

The company claims it is 10X faster and 1/10th the price of traditional automation software.

Venture Capital Startups

Story Protocol Launches to Build Web3 Infrastructure for Creative IP

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Chris McKay• September 6, 2023 • 2 min read

The company wants to make it easy to track the origin and evolution of creative IP as it spreads across the internet.

Venture Capital Startups

Gleen Secures $4.9 Million to Eliminate Hallucination in Generative AI Customer Support

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Chris McKay• September 5, 2023 • 2 min read

The funding comes on the heels of strong early traction for Gleen's customer service chatbot which it claims to be the "world’s most accurate and capable generative AI for customer success teams."

Startups

New Startup Sakana AI Wants To Build Nature-Inspired Artificial Intelligence

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Chris McKay• August 17, 2023 • 2 min read

Founded by former Google AI luminaries Llion Jones and David Ha, Sakana AI promises a revolutionary approach to foundational AI models.

Startups AI Tech

Meet BeFake, An AI-Powered Social Media App for "Digital Self-Expression"

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Chris McKay• August 16, 2023 • 2 min read

Using the app, users can easily transform a candid photo into a spectacular visual by merely adding a text prompt.

Venture Capital Startups AI Tech

Conversational AI Startup Voiceflow Raises $15M

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Chris McKay• August 15, 2023 • 1 min read

The demand for conversational AI agents like chatbots has skyrocketed in recent months, especially after the launch and success of OpenAI's ChatGPT.

Venture Capital Startups AI Tech

Weights & Biases Raises $50M Led by Nat Friedman and Daniel Gross

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Chris McKay• August 9, 2023 • 1 min read

With the new capital, Weights & Biases plans to expand its "W&B Prompts" product line which helps developers quickly build AI-powered solutions using large language models like ChatGPT.

ElevenLabs Startups

D-ID and ElevenLabs Team Up to Add High-Quality AI Voices to Its Video Platform

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Chris McKay• August 8, 2023 • 2 min read

With this integration, subscribers possessing Pro subscriptions can seamlessly overlay ElevenLab's synthetic voices onto uploaded images, AI-constructed faces, or premium presenters.

Fintech Startups Venture Capital

IVIX Closes $12.5 Million Series A to Expand AI Tax Evasion Detection Platform

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Chris McKay• August 7, 2023 • 2 min read

The platform leverages publicly available data, enriched by AI and machine learning, to illuminate business activities that may be concealing unreported revenue.

AI Tech Startups

SoftBank is Building a Premier AI Research Lab for Japan

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Chris McKay• August 4, 2023 • 2 min read

With SB Intuitions, they hope to replicate the success of western labs like OpenAI and Anthropic.

Startups Healthcare

Hippocratic AI Raises $15M and Announces Founding Partner Program

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Chris McKay• July 28, 2023 • 3 min read

The program brings together leading health systems and digital health companies who will take on integral roles in guiding the development of their AI model over the next five years.

Startups Venture Capital

Captions Raises $25M in Series B to Fuel Expansion of Its AI-Powered Video Creation Platform

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Chris McKay• July 22, 2023 • 1 min read

The company's mission is to democratize the process of content creation, enabling individuals across the globe to produce studio-quality videos effortlessly.

Startups

DigitalOcean Bets on AI Future with Paperspace Acquisition

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Chris McKay• July 13, 2023 • 2 min read

The strategic acquisition brings robust AI/ML infrastructure tailored for SMBs and startups into its cloud platform.

Inflection Startups Microsoft NVIDIA

Inflection AI Raises $1.3 Billion Amidst Rising Valuation Questions in Generative AI Sector

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Chris McKay• June 29, 2023 • 2 min read

The new funding brings the total raised by the company to $1.525 billion.

Synthesia Startups

Synthesia Raises $90M to Transform Enterprise Video Production with AI

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Chris McKay• June 15, 2023 • 3 min read

The London-based AI startup has announced a successful $90 million Series C funding round. This investment catapults the startup to unicorn status, with a post money valuation of $1 billion.