📌 13 AI Startups raise $140M+

🗓️ Today’s 1 min recap:

• BigID raises $60M Series A for its data security and compliance platform

• NeuReality raises a $20M Series A-2 for AI inference chip

• Innatera raises a $16.5M Series A for its edge AI chips

• Optical Standard Technology raises a $14M Seed for its photonic computing chips

• Anima raises a $12M Series A for its care enablement platform

• 8 more rounds caught by my funding tracker

Read time: 3 minutes

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TOP PICKS 📢

A detailed highlight

→ BigID

Amount: $60M 🎉

Round: Venture Round

Lead Investor: Riverwood Capital

BigID's product and service offerings focus on AI-augmented data security, compliance, and privacy for cloud-first enterprises.

They recently expanded their platform to include capabilities for managing generative AI data pipelines, from data discovery to enrichment including controls to oversee access to sensitive data by AI models.

Notably, the company has almost reached a $100M ARR.

→ NeuReality

Amount: $20M 🎉

Round: Series A-2

Lead Investor: European Innovation Council (EIC) Fund, Varana Capital, Cleveland Avenue, XT Hi-Tech, OurCrowd

NeuReality offers the NR1 AI Inference Solution, designed to address the high cost and inefficiency of deploying trained AI models and apps.

It is a full-height PCIe card that integrates easily into server racks and drives 100% AI accelerator utilization. This system eliminates the CPU bottleneck typically caused by AI accelerators and system bottlenecks.

→ Innatera

Amount: $16.5M 🎉

Round: Series A

Lead Investor: Invest-NL

Innatera is on a mission to bring intelligence to a billion sensors by 2030, focusing on neuromorphic computing to emulate the human brain's efficiency and reduce the energy footprint of AI.

They develop ultra-low-power neuromorphic processors for high-performance signal processing and pattern recognition within a sub-milliwatt power envelope designed for edge applications that rely on sensors.

→ Optical Standard Technology

Amount: $14M 🎉

Round: Seed

Lead Investor: Zhongying Venture Capital

Optical Standard Technology is a Chinese company that focuses on the design and manufacture of optical computing chips and optical computing boards.

→ Anima

Amount: $12M 🎉

Round: Series A

Lead Investor: Molten Ventures

Anima offers a "care enablement" platform, likened to a mix of Slack, Salesforce, and Figma but designed for healthcare settings.

It automates medical history taking, suggests diagnoses and next steps, and allows for real-time collaboration among clinic staff. The upcoming versions aim to automate more tasks and improve data interoperability, with a long-term vision of personalizing medicine.

OTHER ROUNDS 🤏

Essential introductions

→ Euno raises a $6.25M Seed - Data model governance platform

→ Xaver raises a $5.5M Pre-Seed - AI platform for life insurance and pensions

→ Liquidnitro Games raises a $5.25M Seed - AI game production studio

→ Lumino raises a $2.8M Pre-Seed - SDK for developing and training ML models

→ Visio AI raises a $2.5M Seed - Copilot for store operations

→ Graswald AI raises a $2.5M Seed - 3D product visualisations

→ Beatoven AI raises a $1.3M Pre-Series A - AI music generation

→ Amii raises a $1.1M Grant - Applied AI research

NEW PITCH DECKS 🔖

Check out RapidCanvas’s $7.5M Seed pitch deck here

→ Discover 60+ AI pitch decks

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THAT’S IT FOR TODAY

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Cheif AI Officer (CAIO)