📌 11 AI Startups raise $400M+

BONUS: Landscape of AI-First Service Businesses From Point Nine

March 07, 2025

TODAY’S FUNDING RECAP 🗓️

  • Shield AI raises a $240M Series F-1 — Autonomous pilots for defence

  • Ceramic raises a $12M Seed — AI training infrastructure

  • Crogl raises a $25M Series A — SOC analyst

  • Turing raises a $111M Series E — Training data provider

  • 7 more rounds caught by my funding tracker

Read time: 3 minutes

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TOP PICKS 📢

1/4

Amount: $240M 🎉

Valuation: $5.3B

Round: Series F-1

Lead Investor: Sequoia Capital

Shield AI offers software that can pilot autonomous vehicles as well as help companies build their own autonomous drones, robots and other systems.

Their flagship product, Hivemind, is an AI pilot that enables aircraft to operate autonomously in high-threat environments without GPS, communications, or human intervention. Hivemind has been integrated into fighter jets like the F-16, vertical takeoff and landing drones such as the V-BAT, and quadcopters like Nova.

2/4

Amount: $12M 🎉

Round: Seed

Lead Investor: New Enterprise Associates

Ceramic offers an enterprise-grade infrastructure platform to optimize the training and fine-tuning of large-scale AI models.

The platform provides a training stack optimized for Transformer++ models that enables long-context AI model development, achieving 2.5x faster training speeds and improved GPU utilization compared to current state-of-the-art methods.

3/4

Amount: $25M 🎉

Round: Series A

Lead Investor: Menlo Ventures

Crogl provides an AI SOC agent that autonomously triages and investigates security alerts.

At its core, Crogl has developed a “knowledge engine” that connects disparate security tools and datasets into a unified semantic layer. The platform continuously learns an organization's security processes and data, enabling it to autonomously triage and investigate security alerts across various environments, data sources, and security solutions.

4/4

Amount: $111M 🎉

Valuation: $2.2B

Round: Series E

Lead Investor: Khazanah Nasional Berhad

Turing offers a platform for sourcing, training, and optimizing AI models using human-generated data and software development expertise.

Its core service is centered around enabling AI providers to create custom training datasets that improve model accuracy and reasoning capabilities. At the start of a project, Turing helps plan the volume and complexity of data points required and generates these datasets using its network of over 4 million developers.

Notably, the company is profitable and grew ARR 3x YoY to $300M+.

OTHER ROUNDS 🤏

ESSENTIAL INTRODUCTIONS

→ Axelera AI raises a $67M Grant — AI chiplet for high-performance computing

→ Zocks raises a $13.8M Series A — AI assistant for wealth management

→ Outmarket AI raises a $4.7M Seed — AI copilot for commercial insurance

→ Intangible raises a $4M Seed — No-code 3D creation tool for filmmakers and game designers

→ GovEagle raises a $2.5M Seed — AI to automate the process of creating government proposals

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PITCH DECKS & TOOLS ⚒️

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BONUS 🔥

FOR CURIOUS MINDS

A First Landscape of AI-first Service Businesses

Some key considerations, a few examples, and a market map

medium.com/point-nine-news/a-first-landscape-of-ai-first-service-businesses-d0a5e4977678

THAT’S IT FOR TODAY

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