Venture Capital - Maginative (Page 12)

Venture Capital Startups

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

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

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

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.

Venture Capital Startups

Vayu Robotics Emerges from Stealth with $12.7M in Seed Funding for Accessible, Sustainable Robotics

Chris McKay• October 3, 2023 • 2 min read

Two technologies underscore Vayu's approach: a foundational model for mobility and a potentially game-changing, low-cost sensing technology.

Venture Capital Startups

Unitary Raises $15M in Series A to Scale AI Video Classification Tech

Chris McKay• October 3, 2023 • 1 min read

The company aims to ethically enhance visual content experiences online through advanced AI that proactively moderates harmful material.

Fintech Venture Capital Startups

Visa Bets Big on Generative AI with $100M Fund

Chris McKay• October 2, 2023 • 1 min read

Dubbed the GenAI fund, Visa aims to identify and nurture early-stage startups that are leveraging technology like large language models to create applications that could reshape finance and commerce.

Venture Capital Startups

AI Clearing Raises $14M Series A for Construction Progress Monitoring

Chris McKay• October 2, 2023 • 2 min read

The company's prime offering, AI Clearing Core is an advanced digital field construction progress tracker that autonomously monitors sites in real time, flagging discrepancies.

Venture Capital Startups

Jasper Appoints New CEO and Cuts Internal Valuation as AI Growth Slows

Chris McKay• September 29, 2023 • 2 min read

Jasper's new per-share value suggests its total valuation may now be approximately $1.2 billion - a noticeable decline as valuations for other AI startups continue rising.

Venture Capital Startups

AlphaSense Secures $150M in Series E Funding to Advance AI-Powered Market Intelligence

Chris McKay• September 28, 2023 • 2 min read

This increases AlphaSense’s valuation to a lofty $2.5 billion and further cements its position as a leader in the market intelligence sector.

Venture Capital Startups

Meeno Raises $5 Million to use AI to Fight the Loneliness Epidemic

Chris McKay• September 27, 2023 • 2 min read

Meeno goes beyond being a chatbot or virtual companion. It aims to understand a user's unique situation and relationships to offer tailored guidance on friendship, family, dating, and work connections.

Venture Capital Startups

Kneron Secures Additional $49M, Series B Funding Reaches $97M

Chris McKay• September 26, 2023 • 2 min read

The new funding will be used to advance AI innovations for autonomous driving, including using transformers to improve image recognition accuracy by over 30%.

Venture Capital Startups

AI Data Startup Secoda Raises $14M in Series A Funding

Chris McKay• September 21, 2023 • 2 min read

The new capital will help Secoda accelerate product development and expand its team. Specifically, it plans to double down on generative AI capabilities that can deliver insights from data in a more automated, consolidated way.

Venture Capital Startups Biotech & Health

Medeloop Secures $8M to Pioneer AI-Powered Health Research

Chris McKay• September 21, 2023 • 2 min read

The platform aims to merge artificial intelligence with healthcare data, offering research professionals an integrated suite of tools that could radically reduce the timeline for medical discovery.

Venture Capital Startups Healthcare

Corti Secures $60M in Series B Funding to Fuel Healthcare AI Innovation

Chris McKay• September 20, 2023 • 1 min read

The new capital will support Corti's rapid growth and continued innovation in conversational AI for healthcare and emergency response.

Venture Capital Startups

Pryon Closes $100M Series B to Accelerate Enterprise AI Platform for Knowledge Management

Chris McKay• September 19, 2023 • 2 min read

What sets Pryon apart is its ability to allow users to query their organizations’ unstructured data securely, offering either extractive or summary-based results based on operational needs.

Venture Capital Startups

Darrow Raises $35M for AI-Driven Legal Discovery of Class Action Lawsuits

Chris McKay• September 19, 2023 • 2 min read

Darrow's innovation lies in its data engine, which sifts through public documents to identify potential class action lawsuits.

Venture Capital Startups AI Safety

HiddenLayer Raises $50M in Series A to Safeguard AI Models

Chris McKay• September 19, 2023 • 2 min read

The round marks the largest early stage raise this year for an AI security company, was led by Microsoft’s venture fund M12 and Moore Strategic Ventures.

Venture Capital Startups

Writer Secures $100 Million in Series B to Scale Enterprise-Focused Generative AI

Chris McKay• September 18, 2023 • 2 min read

Writer enables companies to build custom AI applications and virtual assistants rapidly by providing the models, knowledge graph, interfaces and governance required.