📌 16 AI Startups raise $400M+

BONUS: How Much Marketplaces Make

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TODAY’S RECAP 🗓️

  • Genspark raises a $60M Seed — Search engine

  • Factory raises a $15M Series A — AI agents for software development

  • Decagon raises a $35M Series A — AI agents for customer support

  • CuspAI raises a $30M Seed — Search engine for material design

  • Waabi raises a $200M Series B — Autonomous driving for trucks

  • 11 more rounds caught by my funding tracker

Read time: 2 minutes

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TOP PICKS 📢

1/5

Amount: $60M 🎉

Valuation: $260M

Round: Seed

Lead Investor: Lanchi Ventures

Genspark is a search engine that generates custom pages (called Sparkpages) based on user queries.

They use a multi-agent framework to synthesise content and create a highly personalized search experience.

Each Sparkpage features a built-in AI copilot that assists users in expanding their knowledge by responding dynamically to inquiries, eliminating the need for multiple tabs and context switching.

2/5

Amount: $15M 🎉

Valuation: $120M

Round: Series A

Lead Investor: Sequoia Capital

Factory offers a suite of autonomous AI systems called Droids to automate the software development lifecycle.

These Droids handle specific tasks such as code review, testing, documentation, and project management.

Factory’s Droids have also demonstrated state-of-the-art performance on coding benchmarks, beating Devin from Cognition.

3/5

Amount: $35M 🎉

Round: Series A

Lead Investor: Accel

Decagon offers AI agents to handle enterprise customer support with human-like precision.

These agents go beyond answering queries; they can process refunds, postpone shipments, and integrate into existing workflows.

4/5

Amount: $30M 🎉

Round: Seed

Lead Investor: Hoxton Ventures

CuspAI uses generative AI, deep learning, and molecular simulation to streamline the material design process.

The platform acts like a search engine for materials, allowing users to specify desired properties for new materials. This capability enables the rapid generation and evaluation of novel structures.

5/5

Amount: $200M 🎉

Round: Series B

Lead Investor: Khosla Ventures, Uber

Waabi's main product is the Waabi Driver, an autonomous driving system for trucks.

The system uses a new generation of foundation models that perceive the world, create interpretable abstractions, and reason to find optimal actions.

OTHER ROUNDS 🤏

ESSENTIAL INTRODUCTIONS

→ Sewer AI raises a $15M Series B — Sewer inspection using AI

→ Butterflies raises a $4.8M Seed — Create, chat, and hang out with AI characters

→ Maxim raises a $3M Seed — AI evaluation platform

→ Proofs raises a $2.6M Pre-Seed — AI agents for APIs

→ GreyLabs AI raises a $1.6M Seed — AI-powered speech and text analytics

→ Fractile raises an undisclosed Seed — Chips to run LLMs

PITCH DECKS & TOOLS ⚒️

New Pitch Decks

Trending Business Tools

  • Olvy - Customer feedback analysis with AI

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  • Scribe - AI that builds how-to guides, SOPs and training manuals for you

BONUS 🔥

FOR CURIOUS MINDS

THAT’S IT FOR TODAY

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