πŸ“Œ 15 AI Startups raise $300M+

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TODAY’S RECAP πŸ—“οΈ

  • 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

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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 πŸ“’

1/5

Amount: $60M πŸŽ‰

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 πŸŽ‰

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 πŸŽ‰

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 firm’s 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 πŸŽ‰

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 πŸŽ‰

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 🀏

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 βš’οΈ

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