- Chief AI Office
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- ๐ 15 AI Startups raise $85M+
๐ 15 AI Startups raise $85M+
BONUS: The Largest Discord Communities
Todayโs 1 min recap:
Baseten raises a $40M Series B for its model inference platform
Healthee raises a $32M Series A for its employee healthcare platform
Particle raises a $4.4M Seed for its news platform
Ai Palette raises a $4M Series A for its consumer insights product
11 more rounds caught by my funding tracker (including Y Combinator W24 companies)
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Top picks
A detailed highlight
Amount: $40M ๐
Valuation: $200M+
Round: Series B
Lead Investor: IVP, Spark Capital
Baseten is a comprehensive platform designed for the efficient management and deployment of AI models in the cloud.
This includes acquiring compute, getting models to run fast, scaling to meet demand, observability, CI/CD, and cost optimization. Baseten's platform helps businesses avoid spending as much time running models in production as they do focusing on the core product experiences they are building.
Amount: $32M ๐
Round: Series A
Lead Investor: Fin Capital, Glilot Capital Partners, Group 11
Healthee is focused on transforming healthcare delivery through an AI-powered platform, aiming to improve care outcomes and reduce overhead costs for employers and employees.
The platform offers personalized and instant responses to healthcare-related inquiries, end-to-end support for Open Enrollment, and tailored preventive care suggestions.
Amount: $4.4M ๐
Round: Seed
Lead Investor: Kindred Ventures
Particle is an AI-powered news platform where readers can receive a quick, bulleted summary of stories from a variety of sources, enabling a comprehensive understanding of news topics.
Particle is currently in private beta.
Amount: $4M ๐
Round: Series A
Lead Investor: Tin Men Capital
Ai Palette is a product suite that uses AI to help CPG companies develop new products. It helps them to identify trends, understand consumer preferences, and create new product concepts.
Ai Palette's target users are CPG companies, including flavor houses, ingredient companies, and CPG consultancies.
Other Rounds ๐ค
Dubpro.ai raises a $0.5M Seed - AI tool to localize video content in multiple languages
W4A.io raises a $0.35M Grant - AI and Web 4.0 research projects
From the Y Combinator W24 Batch:
Quivr raises a $0.5M Pre-Seed - Open-source AI platform that enables organizations to chat with their tools, documentation, APIs, and databases
Dragoneye raises a $0.5M Pre-Seed - Turnkey computer vision to extract data from images
Piramidal raises a $0.5M Pre-Seed - Foundation model for the brain
Yarn raises a $0.5M Pre-Seed - Make pro-quality product and sales videos with AI
Magic Hour raises a $0.5M Pre-Seed - AI video creation platform
Kater raises a $0.5M Pre-Seed - Self-learning data analyst
InspectMind raises a $0.5M Pre-Seed - AI copilot for construction inspections
Arcane raises a $0.5M Pre-Seed - Patform for creating and playing AI-powered games
Taiki raises a $0.5M Pre-Seed - Patform for creating and playing AI-powered games
Bonus ๐ฅ
For the most curious minds!
Creativity is really Gen AIโs first โkiller use case.โ
2 of the largest Discord communities are for AI-generated images - Midjourney & Leonardo
AI Videos are next (videos represent 82% of consumer internet traffic)
Check out NEA's map on the sector:
โ Chief AI Officer (@chiefaioffice)
9:28 PM โข Mar 4, 2024
You did it! Itโs over for now.
Iโll see you next time.
Thanks for reading.
I would love to know how you would rate this newsletter on a scale of 1-5 by replying to this email (feedback also helps!)
My X: @chiefaioffice
Cheers,
Chief AI Officer (CAIO)
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