- Chief AI Office
- Posts
- 📌 10 AI Startups raise $70M+
📌 10 AI Startups raise $70M+
BONUS: AI Trends for 2024
🗓️ Today’s 1 min recap:
Exowatt raises a $20M Seed for its datacenter energy solution
Infogrid raises a $13M Series B Extension for its building decarbonization platform
Thoughtful AI raises a $12.5M Series A for its healthcare AI agents
Halcyon raises a $10.8M Seed for its energy transition decision-making platform
Accacia raises a $6.5M Seed for its building decarbonization platform
5 more rounds caught by my funding tracker
Read time: 2 minutes
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TOP PICKS 📢
A detailed highlight
Amount: $20M 🎉
Round: Seed
Lead Investor: a16z, Atomic, Sam Altman
Exowatt provides scalable and sustainable energy for data centers to support the growing demands of AI.
The Exowatt P3, their flagship product, is a modular system combining a heat collector, heat battery, and heat engine. Unlike traditional solar panels, it stores solar energy in a thermal battery, capable of retaining energy for up to 24 hours.
Amount: $13M 🎉
Round: Series B Extension
Lead Investor: A/O, Kate Henningsen, Keyframe Capital Partners
Infogrid is an AI-powered building management platform for decarbonization and improving building efficiency.
Their platform helps landlords identify inefficiencies to reduce energy use and carbon emissions and offers data that assist real estate companies in complying with new sustainability reporting mandates like those from the SEC and EU.
Amount: $12.5M 🎉
Round: Series A
Lead Investor: Drive Capital
Thoughtful is an AI-powered revenue cycle automation platform.
The platform operates AI agents within an existing revenue cycle management (RCM) tech stack to accomplish tasks like patient scheduling, patient in-take registration, coding and notes review, claims processing, collections and payments, revenue reporting and reconciliation.
Amount: $10.8M 🎉
Round: Seed
Lead Investor: Congruent Ventures, Obvious Ventures
Halcyon is an AI-assisted platform designed to streamline the aggregation and analysis of energy market data.
The platform helps in overcoming information access challenges posed by the rapid expansion of climate policy and legislation, facilitating better investment decisions in the renewable energy sector.
Amount: $6.5M 🎉
Round: Seed
Lead Investor: Illuminate Financial
Accacia utilizes AI and big data analytics to optimize energy consumption and reduce overall carbon emissions in buildings.
Their platform provides real-time analytics on energy use, suggests actionable insights for energy savings, and helps in the planning and implementation of energy-efficient practices in building management.
OTHER ROUNDS 🤏
Essential introductions
→ Gridly raises a $2.6M Seed - AI-powered content management platform for games and digital products
BONUS 🔥
For the most curious minds!
CB Insights just released their "Tech Trends for 2024" report with 100+ pages (@CBinsights)
Here are 9 insightful slides on AI:
1. Companies are desperate for GPUs
An Nvidia H100 costs $3.3K, sold to customers for $30K & selling on other marketplaces for $100K!
— Chief AI Officer (@chiefaioffice)
12:00 AM • Apr 23, 2024
THAT’S IT FOR TODAY
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Cheif AI Officer (CAIO)
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