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- π 11 AI Startups raise $65M+
π 11 AI Startups raise $65M+
BONUS: Microsoft Copilot Growth
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ποΈ Todayβs 1 min recap:
Yushan AI raises a $20M Corporate round β LLMs that run locally on mobiles
Treefera raises a $12M Series A β nature-based asset data platform
Alaffia Health raises a $10M Series A β medical coding & claims tool
Edia raises a $9.4M Series A β math education app
Deltia raises a $4.8M Seed β computer vision platform for manufacturing
6 more rounds caught by my funding tracker
Read time: 2 minutes
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TOP PICKS π’
A detailed highlight
Amount: $20M π
Round: Corporate Round
Lead Investor: Microsoft
Yushan AI offers an offline LLM that is mobile-compatible.
This model supports domain-specific applications and maintains privacy by running locally on a device. Their model includes ones with varying parameters (1.5 billion, 3 billion, 7 billion, and 13 billion) to suit different hardware and scenarios.
Amount: $12M π
Round: Series A
Lead Investor: AlbionVC
Treefera is an AI-enabled data management platform that integrates satellite, drone, and ground truth data to provide continuous monitoring, assurance, and risk evaluation for nature-based assets.
Their platform helps bring transparency and accuracy to nature-based asset reporting, such as carbon credits and supply chain sustainability.
Amount: $10M π
Round: Series A
Lead Investor: FirstMark
Alaffia Health's product, Ask Autodor, is a generative AI tool designed for medical coders.
The AI tool assists coders in navigating and managing a high volume of insurance claims efficiently. It automates the extraction and processing of data from various sources, such as claims data, provider contracts, clinical guidelines, and policy documents.
Amount: $9.4M π
Round: Series A
Lead Investor: Felicis
Edia provides an AI-powered math education platform that offers personalized feedback, enables students to show their work on devices, and supports teachers with real-time data for targeted interventions.
Amount: $4.8M π
Round: Seed
Lead Investor: Cavalry Ventures
Deltia is a computer vision AI platform that analyzes manufacturing processes, helping to identify inefficiencies and suggest improvements, which can significantly enhance productivity and training.
OTHER ROUNDS π€
Essential introductions
β Peppercorn raises a $4.1M Seed - Conversational AI platform for insurance
β Endimension raises a $0.72M Seed - AI-powered medical image analysis
AI PITCH DECKS π
New Pitck Deck: Read AIβs $21M Series A ππΌ
BONUS π₯
For the most curious minds!
MSFT earnings numbers on AI products:
Consumer (# of users):
GitHub Copilot is growing 38% QoQ
Enterprise (# of orgs):
Copilot Power Platform is growing 43% QoQ
Here's the data π§΅:
β Chief AI Officer (@chiefaioffice)
9:18 PM β’ Apr 26, 2024
THATβS IT FOR TODAY
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Cheif AI Officer (CAIO)
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