Venture Capital

Retail Venture Capital

Harmonya Raises $20 Million to Transform Retail and CPG with AI-Powered Product Data

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Chris McKay• September 5, 2023 • 1 min read

The new capital will allow them to further develop their proprietary generative AI technology, expand their suite of analytics tools, and scale their go-to-market operations.

Robotics Venture Capital

Mujin Raises $85M Series C to Enhance Intelligent Robotic Automation Capabilities

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Chris McKay• September 5, 2023 • 2 min read

The company intends to drive efficiency and productivity gains through intelligent robotics automation.

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."

Venture Capital AI Tech

Speak Raises $16 Million in Series B-2 to Expand Its AI Language Tutor Globally

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Chris McKay• August 31, 2023 • 2 min read

Speak's latest funding round doubles the company's valuation in under a year, a testament to its burgeoning success and the confidence investors place in its vision.

Venture Capital

Context.ai Secures $3.5M Seed Investment to Bring Analytics to LLM-Powered Apps

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Chris McKay• August 30, 2023 • 3 min read

The startup provides tools to help companies understand user behavior and optimize the performance of AI-enabled products.

AI21 Venture Capital

AI21 Labs Secures $155M at $1.4 Billion Valuation

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Chris McKay• August 30, 2023 • 2 min read

It brings AI21's total raised to date to $278 million, and leaves it well-poitioned to be a important player in the generative AI space.

Venture Capital AI Tech

Modular Raises $100 Million to Advance AI Infrastructure

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Chris McKay• August 24, 2023 • 3 min read

The new capital will support Modular's mission to provide next-generation AI infrastructure and tools to empower developers.

Hugging Face Venture Capital

Hugging Face Raises $235M in New Funding from Major Tech Giants Including Google, NVIDIA and Salesforce

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Chris McKay• August 24, 2023 • 2 min read

This impressive group of backers signals broad interest in Hugging Face's platform that allows AI developers and researchers to collaboratively build, test and deploy AI models.

Venture Capital AI Tech

ZeroEyes Secures $23 Million as Demand Surges for AI Gun Detection

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Chris McKay• August 24, 2023 • 2 min read

The oversubscribed funding round comes on the heels of ZeroEyes achieving over 300% year-over- growth.

Biotech & Health Venture Capital

Genesis Therapeutics Closes $200M Series B to Advance AI-Discovered Drug Pipeline

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Chris McKay• August 21, 2023 • 2 min read

The oversubscribed round was co-led by an undisclosed U.S. life sciences investor and returning lead investor Andreessen Horowitz.

Healthcare Venture Capital AI Tech

Mendaera Announces $24M Series A and Expansion Into Production Facility

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Chris McKay• August 21, 2023 • 2 min read

The company will use the new funds to accelerate growth and manufacturing in preparation for FDA clearance and product launch.

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.

Anthropic Venture Capital

SK Telecom Invests $100M in Anthropic

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Chris McKay• August 14, 2023 • 2 min read

By working together, the companies will combine SKT’s deep experience in telecommunications with Anthropic’s state-of-the-art AI technology including its AI model Claude. The industry model will be customized to best meet the needs of telcos.

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.

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 Venture Capital

Hyundai and Samsung Back AI Chipmaker Tenstorrent with $100M Investment

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Chris McKay• August 3, 2023 • 2 min read

Both companies are also active participants in Tenstorrent's operations, adding a layer of strategic alignment and deeper involvement that transcends the traditional investor-company relationship.

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.

Hugging Face Venture Capital

Hugging Face Closes In On $4 Billion Valuation With New Fundraise

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Chris McKay• July 21, 2023 • 2 min read

The company has seen its revenue run rate surge to around $30 million to $50 million, more than tripling from the start of the year.