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📌 3 AI Startups raise $40M+

📌 3 AI Startups raise $40M+

BONUS: AI Agents For Web 3.0 Deep Dive From Cyber Fund

December 04, 2024

TODAY’S FUNDING RECAP 🗓️

Yurts raises a $40M Series B — AI integration for high-security enterprises
Lica raises a $4M Seed — AI video editor
1 more round caught by my funding tracker

Read time: 2 minutes

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TOP PICKS 📢

1/2

→ Yurts

Amount: $40M 🎉

Round: Series B

Lead Investor: XYZ Venture Capital

Yurts is an AI integration platform for high-security enterprises such as the Department of Defense.

The platform acts as an intermediary between LLMs and AI applications used by agencies and enterprises, ensuring compliance with regulations governing classified information and a secure deployment of AI across legacy systems. This setup allows users to extract operational insights and automate workflows securely, facilitating faster and more informed decision-making processes.

Why XYZ invested in them

2/2

→ Lica

Amount: $4M 🎉

Round: Seed

Lead Investor: Accel

Lica uses AI to transform screenshots and screen recordings into polished product videos and tutorials.

The platform comprises two main AI models: an orchestrator that assembles various presentation components, including selecting appropriate narration voices, and a layout generator that determines the visual arrangement of screen recordings and text. Users can manually input elements like narration text or guide the AI assistant through prompts to achieve a specific tone or style—for example, instructing the AI to "Make a tutorial-styled video in Gen Z language."