πŸ“Œ 11 AI Startups raise $100M+

BONUS: DataOps Landscape From Activant Capital

TODAY’S FUNDING RECAP πŸ—“οΈ

  • Basecamp Research raises a $60M Series B β€” AI models for biology

  • Cove raises a $6M Seed β€” Collaborative AI interface

  • Centaur Labs raises a $16M Series B β€” Health data annotation

  • Stream raises a $5.3M Seed β€” AI for claims processing

  • 7 more rounds caught by my funding tracker

Read time: 3 minutes

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TOP PICKS πŸ“’

1/4

Amount: $60M πŸŽ‰

Round: Series B

Lead Investor: Singular

Basecamp Research is developing AI models for biological research.

Their foundational model, BaseFold, focuses on predicting complex protein structures and small molecule interactions more accurately than DeepMind’s AlphaFold 2. The company has more than 100 partnerships across 25 countries to gather biological data, with 15 companies already using its AI for various applications. These applications include helping Procter & Gamble develop enzymes for cold-water detergents and working with Colorifix to create more sustainable fabric dyes.

2/4

Amount: $6M πŸŽ‰

Round: Seed

Lead Investor: Sequoia Capital

Cove is an infinite board interface that allows users to collaborate with AI on various tasks, from trip planning to business research.

Rather than being confined to a chatbot, Cove provides a visual workspace that integrates into existing workflows, such as desktop, email, or browsers. Users can collaborate with AI to summarize documents, perform web searches, manage data, and take notes.

3/4

Amount: $16M πŸŽ‰

Round: Series B

Lead Investor: SignalFire

Centaur Labs provides health data annotation services to help train AI models.

They leverage a network of over 50,000 experts to annotate complex multimodal data, allowing AI developers to obtain annotations for text, images, audio, video, and waveform data in real time. The company's mobile app, DiagnosUs, gamifies the annotation process, ensuring high-quality inputs by rewarding top-performing annotators.

4/4

Amount: $5.3M πŸŽ‰

Round: Seed

Lead Investor: Spark Capital

Stream is an AI-powered claims management platform for the workers' compensation industry.

The platform automates the processing of medical records by classifying, extracting insights, and summarizing documents in real-time. The platform addresses the inefficiencies in medical document management, where handling vast amounts of paperwork, deduplication, and summarization can be time-consuming, error-prone, and costly.

OTHER ROUNDS 🀏

ESSENTIAL INTRODUCTIONS

β†’ OpenGradient raises a $8.5M Seed β€” Decentralized platform for AI model hosting, inference, and AI application deployment

β†’ Prime Security raises a $6M Seed β€” AI-powered enterprise systems security

β†’ Drawer AI raises a $5M Seed β€” AI to quantify how many light fixtures and power devices are needed from PDF drawings

β†’ Wayvee Analytics raises a $5M Pre-Seed β€” AI to capture customer emotions for brick-and-mortar retailers

β†’ Vultron raises a $4.85M Seed β€” AI for government proposals

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