📌 15 AI Startups raise $205M+

Today’s 1 min recap:

• intenseye raises a $64M Series B for its workplace monitoring platform

• PhotoRoom raises $43M Series B for its photo-editing app

• Aktiia raises a $37M Series A for its 24/7 blood pressure monitoring device

• Mistral AI raises a $16M Strategic Round for its open-source LLM platform

• Embat raises a $16M Series A for its treasury management platform

• 10 more rounds caught by my funding tracker

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Top picks

A detailed highlight

→ intenseye

Amount: $64M 🎉

Round: Series B

Lead Investor: Lightspeed Venture Partners

Intenseye enhances workplace safety through AI-driven monitoring, targeting a significant reduction in workplace accidents.

Their technology utilizes AI for real-time detection of safety violations, aiming to preemptively address potential hazards.

Today, more than 100,000 workers at Fortune 500 companies are protected by Intenseye.

→ PhotoRoom

Amount: $43M 🎉

Valuation: $500M

Round: Series B

Lead Investor: Aglaé Ventures, Balderton Capital

Photoroom offers an AI-based photo-editing app focused on product photography enhancements, including features like AI-generated backgrounds and scene expansions.

Their app processes around 5 billion images annually, with more than 150 million downloads.

→ Aktiia

Amount: $30M 🎉

Round: Series A

Lead Investor: Redalpine

Aktiia transforms the management of hypertension (high blood pressure) by providing continuous, accurate, and personalized blood pressure insights powered by AI-driven technology.

They do this through a wrist-worn device offering 24/7 blood pressure monitoring for continuous, medical-grade data.

→ Mistral AI

Amount: $16M 🎉

Round: Strategic Round

Lead Investor: Microsoft

Mistral AI offers open-source generative AI technologies, including large language models (LLMs).

They recently launched their flagship model Mistral Large, the world's second-ranked model generally available through an API (next to GPT-4). They also launched a ChatGPT alternative Le Chat, a multilingual conversational assistant.

→ Embat

Amount: $16M 🎉

Round: Series A

Lead Investor: Creandum

Embat offers a treasury management SaaS solution that centralizes collections, treasury processes, payments, and automates accounting and bank reconciliation, significantly reducing the time dedicated to these tasks.

Other Rounds 🤏

Parspec raises a $11.5M Seed - AI-powered platform to support product selection, quoting, & submittals for construction

Flexnode raises a $9M Seed - Builds and operates AI-ready data centers

HuLoop raises a $5M Seed - No-code automation platform

Codified raises $4M Pre-Seed - Data access governance platform

Looq AI raises a $2.6M Seed - 3D survey and mapping using AI

Enkrypt AI raises a $2.35M Seed - LLM security & monitoring platform

Residua raises $1.67M Pre-Seed - AI outside of the chat box

Subsets raises a $1.65M Pre-Seed - AI-driven retention automation

Verifast AI raises $0.125M Pre-Seed - E-commerce sales agents

ThriveLink raises a $0.1M Grant - AI to provide on-demand social services and medically-tailored meals

Bonus 🔥

For the most curious minds!