đź“Ś 10 AI Startups raise $400M+

BONUS: Foundation Capital's POV on AI Hype

TODAY’S FUNDING RECAP 🗓️

  • Glean raises a $260M Series E — Enterprise AI knowledge

  • Smartcat raises a $43M Series C — Content translation

  • Protege raises a $10M Seed — AI training data

  • Cerrion raises a $5M Seed — Computer vision for production lines

  • 6 more rounds caught by my funding tracker

Read time: 3 minutes

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TOP PICKS 📢

1/4

Amount: $260M 🎉

Valuation: $4.6B

Round: Series E

Lead Investor: Altimeter, DST Global

Glean is an enterprise AI knowledge platform that connects and understands an organisation’s data, processes, and people.

Here's how it works:

  • Connects data sources: Slack, Gmail, Confluence, etc., centralizing scattered information.

  • Search: Similar to consumer search engines, but tailored to finding workplace information.

  • Proactive insights: Goes beyond search, surfacing relevant information and answers related to employees' work.

2/4

Amount: $43M 🎉

Round: Series C

Lead Investor: Left Lane Capital

Smartcat is an AI translation platform.

It enables enterprises to translate written and spoken content across various media, including websites, e-learning courses, software, and more, in about 280 languages. It leverages a “matching engine” to select the most suitable third-party AI models for each project while allowing human translators and editors to review or refine the content when necessary.

3/4

Amount: $10M 🎉

Round: Seed

Lead Investor: CRV

Protege enables controlled access to valuable training data for AI model development.

The platform addresses the challenges of data availability by allowing data holders to securely share their assets with model builders. This streamlines the often-complex negotiation processes involved in data sharing, particularly for proprietary data.

4/4

Amount: $5M 🎉

Round: Seed

Lead Investor: Y Combinator, Goat Capital

Cerrion helps manufacturers automatically detect, understand and eliminate problems on their production lines using computer vision.

Their AI leverages standard CCTV cameras and learns how a manufacturing process looks like when things are going well and can automatically detect and track problems in real-time.

OTHER ROUNDS 🤏

ESSENTIAL INTRODUCTIONS

→ Forterra raises a $75M Series B — Self-driving technology for defence and commercial industries

→ Darkhive raises a $21M Series A — Autonomous drones for defence

→ AudiencePlus raises a $7.28M Seed — AI-powered audience insights

→ SplxAI raises a $2M Pre-Seed — Automated testing for conversational AI apps

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PITCH DECKS & TOOLS ⚒️

New Pitch Decks

Trending Business Tools

  • Fiber AI - Automated prospecting & outbound marketing

  • Hebbia AI - Copilot for your knowledge

  • Browse AI - Extract structured data from any website with no coding

BONUS 🔥

FOR CURIOUS MINDS

THAT’S IT FOR TODAY

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