- Chief AI Office
- Posts
- π 15 AI Startups raise $300M+
π 15 AI Startups raise $300M+
BONUS: State of the Cloud 2024 Report
TODAYβS RECAP ποΈ
HeyGen raises a $60M Series A β AI video generation for businesses
Daydream raises a $50M Seed β Search engine for e-commerce
Materia AI raises a $6.3M Round β AI for accounting
Substrate raises a $8M Seed β Inference API for AI workloads
DeepJudge raises a $10.7M Seed β Knowledge assistant for legal teams
10 more rounds caught by my funding tracker
Read time: 3 minutes
TOGETHER WITH DEAL SHEET
With Deal Sheet you get curated, actively investable startup opportunities sent once per week.
Deal Sheet offers the best (and actively investable) venture capital investment opportunities directly to your inbox weekly. Deal Sheet subscribers have already received investment opportunities alongside Kleiner Perkins, Naval Ravikant, General Catalyst, Andreessen Horowitz, Khosla Ventures and more!
The Deal Sheet Co-Founders Alex Pattis and Zach Ginsburg are the global VC Syndicate leaders with over 700 investments closed and over $200m invested into startups. Additionally, over the last five years, Alex & Zach have collaborated on deals with over 50 VC leads who have collectively put together well over 1,000 startup investments.
TOP PICKS π’
1/5
Amount: $60M π
Valuation: $500M
Round: Series A
Lead Investor: Benchmark
HeyGen is an AI video generation platform for businesses to create studio-quality videos with AI avatars or themselves.
Users can generate videos by simply typing a script. The platform supports video localization into 175 languages with AI voice and natural lip-sync.
2/5
Amount: $50M π
Round: Seed
Lead Investor: Forerunner Ventures, Index Ventures
Daydream is an AI-powered search engine for e-commerce.
Daydream uses AI/ML to understand the context and intent behind user queries and deliver personalized shopping recommendations. Users can also upload images to find similar products and styles.
3/5
Amount: $6.3M π
Round: Venture Round
Lead Investor: Spark Capital
Materia is an AI-powered platform for public accounting firms.
The platform streamlines accounting workflows by consolidating a firmβs scattered files and documents into a secure, searchable knowledge base with AI-powered tools that sit on top to automate repetitive tasks, answer questions, and provide intelligent recommendations for complex decisions.
4/5
Amount: $8M π
Round: Seed
Lead Investor: Lightspeed Venture Partners
Substrate is an inference API designed to optimize multi-step AI workloads.
The platform allows users to connect nodes from a curated library of optimized ML models, file and vector storage, a code interpreter, and logical control flow. Users then create a graph workflow that Substrate analyzes and runs as fast as possible.
5/5
Amount: $10.7M π
Round: Seed
Lead Investor: Coatue
DeepJudge offers two products: Knowledge Search and Knowledge Assistant.
Knowledge Search allows law firms to instantly locate relevant content from various internal sources, including document management systems.
Knowledge Assistant is an AI interface that uses Retrieval-Augmented Generation (RAG) to provide accurate, context-specific information based on the firm's internal documents.
OTHER ROUNDS π€
ESSENTIAL INTRODUCTIONS
β Iambic Therapeutics raises a $50M Series B-1 β AI-powered drug discovery platform
β GrayMatter Robotics raises a $45M Series B β AI-powered robotic solutions for manufacturers
β OrbitShift raises a $7M Seed β AI-powered sales operating system for enterprise customers
β Wordsmith AI raises a $5M Seed β AI legal assistant
β Day AI raises a $4M Seed β AI-native CRM
PITCH DECKS & TOOLS βοΈ
New Pitch Decks
Decagon $35M Series A - AI customer support agents for enterprises
Light $13M Seed - AI-powered general ledger
Trending Business Tools
BONUS π₯
FOR CURIOUS MINDS
THATβS IT FOR TODAY
SPONSOR US
Get your product in front of over 5k+ readers
Our newsletter is read by top VCs, founders, engineers, managers, and tech professionals in the US. Book a slot β
FEEDBACK
Reply to this email, I would love to hear from you.
Cheers,
Cheif AI Officer (CAIO)
Reply