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- 📌 13 AI Startups raise $190M+
📌 13 AI Startups raise $190M+
BONUS: Sora compute estimates
🗓️ Today’s 1 min recap:
FundGuard raises a $100M Series C for its investment accounting platform
Eliyan raises a $60M Series B for its AI chip design technology
Foundational raises a $8M Seed to bring AI agents into data engineering
Dema raises a $7.6M Seed for its predictive analytics platform
Mindlogic raises a $5.2M Series B for its persona chatbot service
8 more rounds caught by my funding tracker
Read time: 2.5 minutes
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TOP PICKS 📢
A detailed highlight
Amount: $100M 🎉
Round: Series C
Lead Investor: Euclidean Capital, Hamilton Lane, Key 1 Capital
FundGuard offers an AI-powered investment accounting platform that integrates real-time data across workflows.
It helps asset managers and their service providers manage mutual funds, ETFs, hedge funds, insurance products, etc. The platform includes all-in-one ABOR (Accounting Book of Record), IBOR (Investment Book of Record), and NAV (Net Asset Value) contingency solutions.
Amount: $60M 🎉
Round: Series B
Lead Investor: Samsung Catalyst Fund, Tiger Global Management
Eliyan addresses challenges in advanced AI chip design that use multi-die architectures.
They’ve developed a breakthrough chiplet interconnect technology, which helps chips achieve 4x the performance and half the power compared to other solutions. Thus improving AI performance 10X by eliminating the memory wall.
Amount: $8M 🎉
Round: Seed
Lead Investor: Asymmetric Capital Partners, Gradient Ventures, Viola Ventures
Foundational offers data management solutions using AI to identify and prevent data issues.
Their AI-powered code analysis engine can be instantly deployed through git and allows data and analytics teams to confidently push continuous code changes, safeguarding against frequent issues and harmful incidents that affect critical data.
Amount: $7.6M 🎉
Round: Seed
Lead Investor: J12
Dema offers a predictive analytics platform for e-commerce.
The company utilizes ML algorithms to analyze large datasets and provide actionable insights like demand forecasting, price optimization, customer behaviour analysis, and inventory management.
Amount: $5.2M 🎉
Round: Series B
Lead Investor: Lee Soo-man
Mindlogic offers a “persona chatbots” service, allowing users to imbue specific knowledge and personality traits into a chatbot.
OTHER ROUNDS 🤏
Essential introductions
→ Solomon AI raises a $3M Pre-Seed - AI-powered legal assistant
→ ai-coustics raises a $2.1M Seed - AI-powered noise suppression
→ Amlgo Labs raises a $0.24M Round - AI services for enterprises
SHARE THE OFFICE ❤️🔥
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1 referral = 1 entry
2 winners selected on 31st March
Spam entries won’t be counted :P
Share your unique referral link: https://www.chiefaioffice.xyz/subscribe?ref=PLACEHOLDER
BONUS 🔥
For the most curious minds!
Sora compute estimates from Factorial Funds:
Large-scale deployment: 720K H100s
Training: 4.2K - 10.5K H100s for 1 month
Inference: on a single H100, it would take 12 mins to generate a 1 min video.
Comment for link to the detailed breakdown
— Chief AI Officer (@chiefaioffice)
7:35 PM • Mar 25, 2024
THAT’S IT FOR TODAY
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Cheif AI Officer (CAIO)
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