📌 10 AI Startups raise $950M+

Today’s 1 min recap:

• Figure raises a $675M Series B for its humanoid robot

• Zelos raises a $100M Series A for its autonomous driving vehicles

• Ideogram raises a $80M Series A for its text-to-image model

• Exodigo raises a $75M Series A for its underground mapping platform

• Collov raises a $10M Series A for its interior design platform

• 5 more rounds caught by my funding tracker

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Top picks

A detailed highlight

→ Figure

Amount: $675M 🎉

Valuation: $2.6B

Round: Series B

Investor: Microsoft, OpenAI Startup Fund, Nvidia, Amazon Industrial Innovation Fund, Jeff Bezos, Parkway Venture Capital, Intel Capital, Align Ventures, ARK Invest

Figure is a robotics company bringing a general-purpose humanoid to life. They recently launched their first one - Figure 01.

Their humanoid robots are designed for a range of tasks, leveraging AI to perform in complex environments where automation can significantly improve efficiency and safety, such as manufacturing and logistics, aiming to reduce the reliance on human labor for repetitive or dangerous tasks.

→ Zelos

Amount: $100M 🎉

Round: Series A

Lead Investor: Meituan

Zelos aims to address challenges in the trillion-dollar B2B urban logistics market in China with autonomous driving technology.

The company has developed Level 4 autonomous driving technology (full self-driving under certain conditions) unmanned logistics vehicles.

→ Ideogram

Amount: $80M 🎉

Round: Series A

Lead Investor: Andreessen Horowitz

Ideogram develops generative media models to help people become more creative.

Their recently launched model, Ideogram 1.0, is a text-to-image model that offers state-of-the-art text rendering, photorealism, prompt adherence and features like Magic Prompt to enhance input prompts for creative image generation.

The company has 100,000 users and has generated over 1 million images.

→ Exodigo

Amount: $75M 🎉

Round: Series A

Lead Investor: Greenfield Partners, Zeev Ventures

Exodigo offers a technology that integrates various sensors, 3D imaging, cloud computing, and AI to create accurate underground maps, reducing unnecessary excavations.

→ Collov

Amount: $10M 🎉

Round: Series A

Lead Investor: GoldenHome Living Co Ltd

Collov offers an AI-driven home design platform that enables users to:

• Visualize furniture and decor: Users can upload photos of their rooms and virtually place furniture and decor items to see how they look.

• Get personalized design recommendations: The AI can suggest design ideas and layouts based on the user's style preferences and room dimensions.

• Create shoppable designs: Users can directly purchase the items they visualize in their designs.

Other Rounds 🤏

51Sim raises a $7M Series A - Full-stack autonomous driving simulation

Bench IQ raises a $2.8M Pre-Seed - AI-powered insights into a judge’s rulings

Assemblio raises a $2.3M Seed - AI-powered assembly planning

Katalis AI raises a $0.15M Seed - AI-optimized product photos and descriptions

Omelet raises an undisclosed Seed - AI-powered decision-making system

Bonus 🔥

For the most curious minds!