📌 2 AI Startups raise $1M+

BONUS: The AI Plateau from Emergence

July 05, 2024

TODAY’S RECAP 🗓️

  • Sanctuary AI raises an undisclosed Round — General-purpose humanoid

  • Gendo raises a $1.1M Pre-Seed — AI for architectural designs

  • Quiet day due to 4th of July. Also, Happy Independence Day to our American readers!

Read time: 1 minute

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TOP PICKS 📢

1/2

Amount: Undisclosed (total raised is $140M+) 🎉

Round: Venture Round

Lead Investor: BDC Capital’s Thrive Venture Fund, InBC Investment Corp.

Sanctuary AI is building general-purpose robots with human-like intelligence.

Their flagship humanoid, Phoenix, focuses on upper-body tasks, exhibiting a human-like range of motion. The robots leverage Sanctuary's AI control system, Carbon, which enhances their ability to learn and automate new tasks in less than 24 hours.

2/2

Amount: $1.1M 🎉

Round: Pre-Seed

Lead Investor: Concept Ventures

Gendo is an AI platform for architectural designs.

The platform can convert 2D drawings, sketches, or text descriptions into realistic, editable visualizations. Users can mask sections, tweak details, and add specific elements such as colours, lighting, structural features, furniture and topographically accurate trees.

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OTHER ROUNDS 🤏

ESSENTIAL INTRODUCTIONS

Nothing here today, check again in our next issue.

PITCH DECKS & TOOLS ⚒️

New Pitch Decks

Trending Business Tools

  • Gumloop - Automate any workflow with AI

  • Synthflow - Build voice AI agents for sales outreach, support & more

  • Quill AI - Use LLMs to speed up the equity research

BONUS 🔥

FOR CURIOUS MINDS

The AI Plateau Is Real — How We Jump To The Next Breakthrough

We are at the top of AI S-Curve plateau. We believe the real breakthrough that will allow humanity to jump to the next S-Curve is data produced at work. Startups that unlock the world’s business data will be poised to create many more multiples of value.

www.emcap.com/thoughts/ai-s-curve-plateau-proprietary-business-data-breakthrough

THAT’S IT FOR TODAY

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