📌 14 AI Startups raise $270M+

Today’s 1 min recap:

• Abridge raises a $150M Series C for its patient-clinician scribe

• Frontier Medicines raises a $80M Series C to develop precision medicine

• Orbital Materials raises a $16M Series A for a materials science foundational model

• DatologyAI raises a $11.65M Seed to automatically curate training datasets

• Finpilot raises a $4M Seed for its financial research copilot

• 9 more rounds caught by my funding tracker

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Top picks

A detailed highlight

→ Abridge

Amount: $150M 🎉

Valuation: $850M

Round: Series C

Lead Investor: Lightspeed Venture Partners

Abridge converts patient-clinician conversations into structured clinical notes in real-time, integrating these notes seamlessly into electronic medical records (EMRs).

This technology is designed to alleviate the documentation burden on clinicians and improve the accuracy of medical records. Their product is currently used by more than 5,000 doctors.

→ Frontier Medicines

Amount: $80M 🎉

Round: Series C

Lead Investor: Deerfield Management, Droia Ventures

Frontier Medicines is a clinical-stage precision medicine company pioneering medicines to transform treatment for genetically-defined patient populations, starting with oncology and immunology.

Their proprietary drug discovery engine, the Frontier™ Platform, leverages covalent chemistry and machine learning to unlock hard-to-treat disease-causing proteins for drug development.

→ Orbital Materials

Amount: $16M 🎉

Round: Series A

Lead Investor: Radical Ventures

Orbital Materials utilizes "LINUS," an AI foundation model for materials science, to develop new materials and chemical technologies that will ultimately help the industry make the transition to carbon-neutral energy.

Their 3D model unlocks one of the holy grails of materials science – the ability to quickly and rationally design materials with specific properties and characteristics, without having to screen a massive search space.

→ DatologyAI

Amount: $11.65M 🎉

Round: Seed

Lead Investor: Amplify Partners

DatologyAI builds tools to automatically curate training datasets, thereby improving the performance of AI models trained on these datasets.

Their platform can identify important data for a model and suggest ways to augment it. They also address the challenges of bias and messiness while using big datasets.

→ Finpilot

Amount: $4M 🎉

Round: Seed

Lead Investor: Madrona

Finpilot is an AI copilot for finance to speed up investment research.

Financial analysts can use it to scour financial data, analyze companies, write reports, and visualize data — all from verifiable sources.

Other Rounds 🤏

ISHI Health raises a $4M Seed - AI-driven virtual clinic focused on cardiac care

Bitpart AI raises a $3.3M Seed - Gaming platform with customizable, pretrained characters

Jamix raises $3M Pre-Seed - AI assistant for work

Splight raises a $2M Seed - AI-powered solutions for power infrastructures

CoLumbo raises a $1.1M Seed - AI assistant for L-Spine radiology

Tavolo raises a $1M Series A - Automated marketing for restaurants

Starbuzz.ai raises a $0.5M Seed - Influencer marketing automation

Intros AI raises an undisclosed Seed - Automated community builder

Bella raises an undisclosed Pre-Seed - AI assistant for sales

Bonus 🔥

For the most curious minds!