Read AI Raises $21M to Transform Work with Connected AI for Meetings, Email, and Messaging
Read AI was founded in 2021 by David Shim, Robert Williams, and Elliott Waldron and has raised over $32 million to date.
Venture Capital
A collection of 326 posts
Hailo Raises $120M and Unveils Hailo-10 Accelerator
The Hailo-10 accelerator enables users to run applications like chatbots, copilots, and content generation tools locally on their devices without relying on cloud-based services.
Vizcom Secures $20M Series A to Redefine Industrial Design with AI
The investment will accelerate the company's mission to rethink the way products and objects are designed, and provide designers with an intuitive, AI-driven workflow.
Hume AI Raises $50M Series B, Unveils Empathic Voice Interface
This influx of capital brings the company's valuation to $219 million, signaling strong investor confidence in Hume's innovative approach to AI.
HeyGen Raising $60M at $440M Valuation, Launches HeyGen 5.0
HeyGen's growth story is remarkable, with annualized revenues surging from $1 million to over $20 million in just a year. This trajectory is notable in the generative AI sector, where monetization remains a challenge for many.
Physical Intelligence Raises $70M to Build AI-Powered Robots for Any Application
Pi differentiates itself by aiming to create software that can be applied across a wide range of robotics hardware.
Tavus Raises $18M to Advance Generative AI Video Platform and Launch Developer APIs
The Tavus platform allows users to record a single video and, with just a few clicks, generate thousands of personalized versions tailored to each member of their audience.
New AI Startup Cognition Raises $21M, Unveils Autonomous Coding Assistant 'Devin'
Devin can perform tasks such as learning unfamiliar technologies, building and deploying apps end-to-end, autonomously finding and fixing bugs in codebases, and even training and fine-tuning its own AI models.
Applied Intuition Secures $250 Million in Series E Funding, Reaches $6 Billion Valuation
The company serves customers worldwide, including 18 of the top 20 automotive OEMs, and is poised to make significant investments in generative AI to unlock substantial value for its customers and partners.
Alibaba Leads $600 Million Funding Round for Chinese AI Firm MiniMax
If confirmed, the MiniMax deal would mark Alibaba's second major AI investment this year, following its lead role in a $1 billion funding round for Beijing-based Moonshot AI in February.
Snowflake Announces Partnership and Investment in Mistral AI
The partnership will provide Snowflake customers access to Mistral AI's newest and most powerful LLM, Mistral Large.
Ideogram Raises $80 Million Series A for its AI Image Generation Tech
The round was led by Andreessen Horowitz, with participation from Index Ventures, Redpoint Ventures, Pear VC, and SV Angel.
Photoroom Secures $43M, Launches Next-Gen AI Photo Editor for Businesses
The new features are designed to help small businesses create professional-quality product images, offering more creative control and flexibility.
Baseimmune Closes $11.3M Series A to Accelerate AI-Designed Vaccines
Founded in 2019, Baseimmune leverages proprietary deep learning algorithms to predict future mutations of pathogens and design synthetic antigen proteins that can provide broader, longer-lasting immune protection.
Fabric Announces $60M Series A to Tackle Healthcare Capacity Crisis
The startup has reportedly grown from zero to 8 figures in annual recurring revenue since emerging from stealth mode.
Chinese AI Startup Moonshot Raises $1 Billion with $2.5 Billion Valuation
The company was founded less than a year ago (march 2023) by 31-year-old AI luminary Yang Zhilin, a Carnegie Mellon PhD graduate formerly with Google Brain and Meta AI.
Bioptimus Raises $35M Seed Funding to Build Biology Foundation Models
Bioptimus’ mission is to accelerate innovation in biomedicine using the latest advancements in AI, specifically large language models.
Magic AI Secures $117 Million to Build an AI Software Engineer
The startup is carving out a niche by focusing on developing an AI software engineer capable of assisting with complex coding tasks and that will act more as a coworker than merely a "copilot" tool.
Bugcrowd Lands $102M to Expand Crowdsourced Security Platform
The new capital will support continued enhancements of Bugcrowd's software-as-a-service platform, investments in sales, marketing and partnerships, as well as potential M&A opportunities to expand its capabilities.
Ambience Healthcare Secures $70M as Investors Bet on AI to Transform Healthcare Workflows
A key ingredient in Ambience’s early success is custom-tailoring its AI to support the unique needs of specialties from oncology to pediatrics. This ensures clinical nuance is accounted for instead of a one-size-fits-all model that may fail to resonate.
Galileo AI Raises $4.4M and Launches Public Beta of Prompt-to-UI AI Design Tool
Galileo AI is like ChatGPT for interface design, offering a user-friendly platform where users can input simple prompts to generate high fidelity design layouts.
AI Video Platform Colossyan Raises $22M to Expand Interactive Learning
Over the past year, Colossyan achieved remarkable 600% platform growth with customers including Novartis, Vodafone, and Paramount.
Swiss AI Startup Jua Raises $16 Million to Model the Natural World
The company’s first model focuses on highly accurate weather and climate forecasting, claiming capabilities like 16-day forecasts and "extreme high accuracy" surpassing traditional models.