πŸ“Œ 12 AI Startups raise $1.1B+

BONUS: Docusign $165M Acquisition

πŸ—“οΈ Today’s 1 min recap:

  • Wayve raises a $1.05B Series C β†’ Autonomous vehicle technology

  • Zanskar raises a $30M Series B β†’ Geothermal discovery

  • Stella Automotive AI raises a $19.7M Series A β†’ AI voice assistants for auto dealers

  • Orange raises a $19M Seed β†’ Manga localization

  • Opmed AI raises a $15M Series A β†’ Operating room schedule optimization

  • 7 more rounds caught by my funding tracker

Read time: 3 minutes

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TOP PICKS πŸ“’

A detailed highlight

Amount: $1.05B πŸŽ‰

Round: Series C

Lead Investor: SoftBank Investment Advisers

Wayve uses AI to enable vehicles to achieve higher levels of driving automation.

Their β€œEmbodied AI” technology is designed to be mapless and universal, compatible with any vehicle type. It uses a camera-first sensing approach and learns to drive through data rather than relying on predefined rules or extensive sensor setups.

Amount: $30M πŸŽ‰

Round: Series B

Lead Investor: Obvious Ventures

Zanskar develops AI-native technologies for geothermal discovery and development.

Their platform aids in the rapid iteration of model predictions and the collection of valuable field data, which together enable more frequent and accurate greenfield geothermal discoveries.

Amount: $19.7M πŸŽ‰

Round: Series A

Lead Investor: N/a

Stella Automotive AI helps auto dealers deliver a customer experience via an AI voice assistant.

Its AI assistant can simultaneously handle inbound calls as it engages in conversations, answers questions on various automotive retail topics and FAQs, schedules service and sales appointments.

Amount: $19M πŸŽ‰

Round: Seed

Lead Investor: Shogakukan

Orange is developing a manga localization system by integrating computer vision and NLP.

Their proprietary system enables a capacity for Japanese-to-English localization of up to 500 manga volumes per month. This is 5x more than the current production capacity of the whole localization market, according to Orange's estimates.

Amount: $15M πŸŽ‰

Round: Series A

Lead Investor: Grove Ventures, NFX

Opmed AI is an AI-powered optimization platform designed for healthcare operations, starting with operating rooms (OR).

It automates the creation of schedules for ORs to improve resource allocation by running billions of permutations in seconds, based on industry-specific factors. This is important because empty ORs carry a cost of $1,000 for each unused hour.

OTHER ROUNDS 🀏

Essential introductions

β†’ inHEART raises a $11M Series A - AI-driven digital twin of the heart

β†’ Hona AI raises a $3M Seed - AI-powered patient history summaries

β†’ Brainfish raises a $2.5M Seed - AI-powered customer support

β†’ Mimic Robotics raises a $2.5M Pre-Seed - AI models for robotic manipulation

β†’ Routal raises a $1.1M Round - AI-powered last mile route optimisation

β†’ Alphastream AI raises an undisclosed Seed - Al models to understand the nuances of financial and legal documents

β†’ Paradigm AI raises an undisclosed Seed - Create virtual human idols using AI

AI PITCH DECKS πŸ”–

New Pitck Deck: Read AI’s $21M Series A πŸ‘‡πŸΌ

BONUS πŸ”₯

For the most curious minds!

THAT’S IT FOR TODAY

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