πŸ“Œ 13 AI Startups raise $450M+

BONUS: Extropic AI

πŸ—“οΈ Today’s 1 min recap:

  • Applied Intuition raises a $250M Series E for its autonomous vehicle software

  • Bear Robotics raises $60M for its restaurant server robots

  • Ocient raises a $49.4M Series B for its energy-efficient data analytics platform

  • Adaptive ML raises a $20M Seed to enable personalized generative AI experiences

  • NPS raises $17.5M Series B for its digital imaging radar technology

  • Kaedim raises a $15M Series A for its image-to-3D model

  • 7 more rounds caught by my funding tracker

Read time: 3.5 minutes

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TOP PICKS πŸ“’

A detailed highlight

Amount: $250M πŸŽ‰

Valuation: $6B

Round: Series E

Lead Investor: Lux Capital

Applied Intuition specializes in AI-powered software for autonomous vehicle development.

Their suite of products includes tools for simulation, testing, and data management for automakers and defence sectors.

Amount: $60M πŸŽ‰

Round: Corporate Round

Lead Investor: LG Electronics

Bear Robotics develops AI-powered server robots for restaurants and other venues.

These robots are autonomous tray towers on wheels designed to assist in serving and delivering food to customers, potentially replacing traditional waitstaff roles.

Amount: $49.4M πŸŽ‰

Round: Series B

Lead Investor: Greycroft

Ocient provides energy-efficient data analytics solutions to manage large, complex datasets, optimizing for performance, cost, and energy efficiency.

Organizations are being challenged to deliver hyper-growth data analysis at low costs, which has become increasingly challenging with the growth of compute-intensive data workloads.

Notably, the company had a 109% YoY revenue growth.

Amount: $20M πŸŽ‰

Valuation: $100M

Round: Seed

Lead Investor: Index Ventures

Adaptive aims to democratize preference tuning methods like RLHF (reinforcement learning from human feedback), enabling companies to deliver personalized generative AI experiences.

To do this, they offer an enterprise platform that allows continuous improvement of large language models based on user interactions, emphasizing preference tuning for personalized experiences.

Amount: $17.5M πŸŽ‰

Round: Series B

Lead Investor: Cota Capital

Neural Propulsion Systems (NPS) develops digital imaging radar technology powered by AI.

This technology offers 10 times better resolution and 2.5 times greater range than traditional radar systems in enhancing roadway safety. It further benefits pedestrians, drivers and all other traffic participants, as well as defense radar systems.

Amount: $15M πŸŽ‰

Round: Series A

Lead Investor: Andreessen Horowitz

Kaedim provides an AI-powered co-development platform for 3D art.

Their software can generate 3D models from a single image and automate tasks such as unwrapping and texturing. They also have a marketplace of 10,000+ assets. This can be used in a variety of industries, including video games, commerce, and architecture.

The company said they have 7 figures in annual revenue, 250+ large-scale customers, and 20,000 new creators per month.

OTHER ROUNDS 🀏

Essential introductions

β†’ SuperAGI raises a $10M Series A - Open-source research lab focusing on agentic models

β†’ Brevian raises a $9M Seed - No-code enterprise platform for building AI agents

β†’ Bluwhale raises a $7M Seed - AI-powered advertising for the Web 3.0 space

β†’ Frontnow raises a $4.1M Seed - AI-powered website assistant

β†’ Orq AI raises a $2.5M Pre-Seed - No-code solutions to build AI applications from playground to production

β†’ Nijta raises a $2.2M Seed - AI-powered speech anonymization

β†’ Neuron7 raises an undisclosed Round - AI-powered customer service

NEW PITCH DECKS πŸ”–

Check out Ezra’s $21M Series B pitch deck here

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BONUS πŸ”₯

For the most curious minds!

THAT’S IT FOR TODAY

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