📌 3 AI Startups raise $250M+

BONUS: AI For Weather Forecasting From Battery Ventures

September 14, 2024

TODAY’S FUNDING RECAP 🗓️

  • World Labs raises a $230M Round — Spatial AI research

  • OffDeal raises a $4.7M Seed — AI-native investment bank

  • 1 more round caught by my funding tracker

Read time: 2 minutes

SHARE CHIEF AI OFFICE

For every 5 referrals, we’ll give you 1 month of Chief AI Office PRO for free

You currently have 0 referrals, only 5 away from adding 1 month to your PRO subscription

TOP PICKS 📢

1/2

Amount: $230M 🎉

Lead Investor: Andreessen Horowitz, New Enterprise Associates, Radical Ventures

World Labs is building spatially intelligent AI systems, Large World Models (LWMs), that go beyond 2D image and video generation.

These LWMs will allow AI systems to understand and reason about physical spaces, objects, and their interactions, offering tools for creative professionals such as artists, designers, developers, and engineers.

2/2

Amount: $4.7M 🎉

Round: Seed

Lead Investor: Radical Ventures

OffDeal is an AI-native investment bank to streamline the M&A process for small to medium-sized businesses.

Offdeal uses AI agents to automate most of the grunt work typically done by analysts at larger Wall Street banks - source potential acquisition targets, conduct due diligence, and generate personalized outreach to buyers or sellers. The company charges 5-10% of the transaction value as fees, similar to investment banks.

OTHER ROUNDS 🤏

ESSENTIAL INTRODUCTIONS

→ Strider Technologies raises a $55M Series C — AI to transform publicly available data into insights

PITCH DECKS & TOOLS ⚒️

New Pitch Decks

Trending Business Tools

BONUS 🔥

FOR CURIOUS MINDS

The Future of Weather Forecasting, and Why It Matters - Battery Ventures

Predicting the weather—especially in this age of climate change—is big business. Today, the market for weather-forecasting services is $10 billion in the U.S., where an estimated one-third of the economy is exposed to weather and climate. Industries ranging from agriculture to commerce to the military are key consumers of weather-forecasting technology, most of which is… Continue reading The Future of Weather Forecasting, and Why It Matters

www.battery.com/blog/future-of-weather-forecasting

THAT’S 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 →

FEEDBACK

Reply to this email, I would love to hear from you.

Cheers,

Cheif AI Officer (CAIO)

Reply

or to participate.