- Chief AI Office
- Posts
- 📌 13 AI Startups raise $260M+
📌 13 AI Startups raise $260M+
BONUS: AI Agents Market Map
🗓️ Today’s 1 min recap:
DEEPX raises a $80M Series C — On-device AI chips
Lore raises a $80M Series A — AI-powered social network for support and encouragement
XTEND raises a $40M Series B — AI to control drones and robots
Triomics raises a $15M Series A — AI to match cancer patients with clinical trials
Fairgen raises a $8M Seed — Synthetic data for survey responses
8 more rounds caught by my funding tracker
Read time: 3 minutes
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TOP PICKS 📢
A detailed highlight
Amount: $80M 🎉
Valuation: $529M
Round: Series C
Lead Investor: SkyLake Equity Partners
DEEPX develops on-device AI chips which include models like DX-V1, DX-V3 (vision systems), DX-M1, and DX-H1 (AI computing).
These chips are designed to improve energy and cost efficiency to run on devices like home appliances, surveillance systems, etc.
Amount: $80M 🎉
Round: Series A
Lead Investor: Polaris Partners
Lore is a social network paired with an AI bot, "LoreBot," which engages users in conversation to provide support and encouragement.
The platform is designed to help users discuss and manage various personal challenges like job stress, relationship issues, and health concerns.
Amount: $40M 🎉
Valuation: $110M
Round: Series B
Lead Investor: Chartered Group
Xtend provides a platform for managing drones and robots, which can be controlled directly or through AI models for navigation and task execution.
Their technology supports applications in defence, public safety, and logistics.
Amount: $15M 🎉
Round: Series A
Investor: Lightspeed, Nexus Venture Partners, General Catalyst, Y Combinator
Triomics speeds up the process of matching cancer patients with clinical trials.
It’s LLM, OncoLLM, parses through patient medical records to identify suitable clinical trials, assist in preparing doctors for patient visits, and facilitate the submission of detailed cancer data to regulatory agencies.
Amount: $8M 🎉
Round: Seed
Lead Investor: Maverick Ventures Israel
Fairgen's platform, Fairboost, uses statistical AI to amplify small survey datasets up to three times their original size with synthetic data.
This allows for more detailed insights into niche market segments without compromising data quality or integrity.
OTHER ROUNDS 🤏
Essential introductions
→ Sift Healthcare raises a $20M Series B — AI-powered solutions to improve the healthcare revenue cycle
→ Definely raises a $7M Series A — Makes it easier for lawyers to read, edit, and understand legal documents
→ Token Security raises a $7M Seed — Identity security for API keys, secrets, third-party integrations, and AI Agents
AI PITCH DECKS 🔖
New Pitck Deck: Read AI’s $21M Series A 👇🏼
BONUS 🔥
For the most curious minds!
Another comprehensive AI agent market map from @insightpartners
— Chief AI Officer (@chiefaioffice)
9:37 PM • May 9, 2024
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Cheif AI Officer (CAIO)
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