Startups

Venture Capital Startups

Spanish AI Medical Imaging Startup Quibim Secures $50M to Expand in U.S

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Chris McKay• January 28, 2025 • 1 min read

The company’s flagship products, including QP-Prostate (for prostate cancer detection), QP-Brain (for neurological diseases), and QP-Liver (for liver disease diagnosis), are already FDA-cleared or under regulatory review in the U.S.

Venture Capital Startups

Manas AI Launches With $24.6M to Tackle Cancer Through AI-Driven Drug Discovery

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Chris McKay• January 28, 2025 • 2 min read

The company's approach combines AI-driven molecule design with wet lab testing, distinguishing it from purely computational approaches.

Venture Capital Startups

Token Security Raises $20M to Address Growing Machine Identity Security Challenges

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Chris McKay• January 27, 2025 • 2 min read

The funding will support expansion into the U.S. and enhancements to its AI security capabilities.

Venture Capital Startups

AI Testing Platform Coval Raises $3.3M to Scale Agent Evaluation Tech

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Chris McKay• January 23, 2025 • 2 min read

The company is bringing proven testing methodologies from the self-driving car industry to assess and improve the performance of AI voice and chat agents.

Venture Capital Startups

Anthropic Launches “Citations” API for More Trustworthy responses from Claude

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Chris McKay• January 23, 2025 • 2 min read

Anthropic has rolled out a new feature called "Citations" which pretty much does what the name suggests—provide refernces to any content that it uses from source documents. It allows developers to ground AI answers directly in user-provided documents, such as emails or PDFs. The feature is live

Google Anthropic Startups

Google Invests Another $1 Billion in Anthropic

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Chris McKay• January 22, 2025 • 2 min read

The investment builds on its existing 10% ownership stake in the frontier AI research lab.

Venture Capital Startups Healthcare

Spotify Founder's Health Tech Startup Neko Raises $260M, Valued at $1.8 Billion

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Chris McKay• January 22, 2025 • 3 min read

The Stockholm-based company, which launched its first clinic in 2023, offers comprehensive health scans that combine proprietary hardware, AI analysis, and doctor consultations.

Venture Capital Startups Enterprise AI

Instabase Secures $100M in Series D Amid Valuation Reset

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Chris McKay• January 17, 2025 • 2 min read

Instabase has raised $100 million in Series D funding to advance its AI-powered unstructured data processing platform. The Qatar Investment Authority (QIA) led the round, with participation from existing investors including Andreessen Horowitz, Greylock Partners, Index Ventures, and NEA. Key Points: * Revenue exceeded $50 million in 2024, up from nearly

Startups

François Chollet Launches Ndea, a New AI Lab Focused on AGI

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Chris McKay• January 15, 2025 • 3 min read

Partnering with Mike Knoop, co-founder of Zapier, Chollet envisions a paradigm shift in how AI systems learn, adapt, and contribute to scientific progress.

Venture Capital Startups NVIDIA

MetAI Secures $4 Million Seed Round with NVIDIA’s Backing

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Chris McKay• January 15, 2025 • 2 min read

The investment aligns with NVIDIA's broader push into industrial AI applications through its Omniverse platform.

Synthesia Video AI Venture Capital Startups

Synthesia Raises $180 Million, Highlighting Enterprise Demand for AI Video Solutions

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Chris McKay• January 15, 2025 • 2 min read

The UK-based company's valuation doubles to $2.1B as enterprises increasingly adopt AI video tools for corporate communications

Venture Capital Startups

Anysphere Raises $105M for AI Coding Assistant Cursor, Reaching $2.5B Valuation

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Chris McKay• January 14, 2025 • 2 min read

The company's rapid growth reflects increasing demand for AI-powered development tools among programmers

Venture Capital Startups Military & Defense

Overland AI Raises $32 Million to Advance Ground Autonomy for Defense

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Chris McKay• January 13, 2025 • 2 min read

The Seattle-based startup develops cutting-edge autonomous systems to protect soldiers and reshape land operations.

Healthcare Venture Capital Startups

Hippocratic AI Secures $141M Series B, Launches AI Agent App Store

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Chris McKay• January 9, 2025 • 2 min read

The healthtech startup has not reached a $1.64B valuation as healthcare providers embrace its safety-focused AI agents for patient communication

Startups AI Infrastructure

Blackstone Invests $300M in AI Data Leader DDN

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Chris McKay• January 9, 2025 • 2 min read

The private equity giant values DDN at $5 billion, underscoring the booming demand for AI infrastructure.

Venture Capital Startups

Grove AI Raises $4.9M to Reduce Clinical Trial Enrollment Times with AI

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Chris McKay• January 8, 2025 • 1 min read

The startup aims to reduce clinical trial inefficiencies with its AI platform, Grace, making participant management faster and more accessible.

Anthropic Venture Capital Startups

Anthropic in Talks to Raise $2 Billion at a $60 Billion Valuation

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Chris McKay• January 7, 2025 • 2 min read

The OpenAI rival aims to solidify its position in the competitive AI landscape with a significant funding boost led by Lightspeed Venture Partners.

Venture Capital Startups

Rembrand Raises $23M to Bring Virtual Product Placement to Connected TV

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Chris McKay• January 2, 2025 • 2 min read

The AI-powered advertising startup is expanding beyond social media into premium TV and movie content.

Perplexity Venture Capital Startups

Perplexity Raises $500M at $9B Valuation

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Chris McKay• December 18, 2024 • 2 min read

Perplexity has built a significant user base, reporting over 15 million active users as of March 2024.

Perplexity Startups

Perplexity Acquires Carbon to Enhance AI Data Connectivity

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Chris McKay• December 18, 2024 • 1 min read

The move paves the way for enterprise-focused AI search capabilities in early 2025.

Healthcare Startups

Suki Expands AI Assistant Capabilities with Google Cloud Integration

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Chris McKay• December 18, 2024 • 2 min read

The new patient summarization feature extracts critical information from electronic health records (EHRs) and condenses it into digestible summaries.

China Venture Capital Startups

Chinese AI Firm Zhipu AI Secures $412M as Competition Intensifies

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Chris McKay• December 17, 2024 • 2 min read

The funding follows multiple investment rounds in 2024, with the company's valuation reaching approximately $2.75 billion

Venture Capital Startups

Basis Secures $34M to Deploy AI Agents for Accounting Firms

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Chris McKay• December 17, 2024 • 2 min read

The round was led by Khosla Ventures with participation from prominent investors like Nat Friedman, Daniel Gross, and OpenAI board members Larry Summers and Adam D’Angelo.

Venture Capital Startups

AMD Leads $250M Investment in Liquid AI, Betting on Worm-Inspired AI Architecture

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Chris McKay• December 13, 2024 • 2 min read

MIT spin-off Liquid AI has secured major funding to scale its efficient AI models, inspired by the neural architecture of microscopic worms rather than traditional transformer-based systems. The Boston-based startup has secured $250 million in Series A funding led by AMD, valuing the company at $2.3 billion just a

Venture Capital Startups

AI Voice Startup Vapi Raises $20M to Build Enterprise Infrastructure for Voice Agents

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Chris McKay• December 12, 2024 • 2 min read

Vapi is empowering developers to create voice AI applications in minutes, not months, setting the stage for the next wave of conversational AI.