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- 📌 4 AI Startups raise $30M+
📌 4 AI Startups raise $30M+
BONUS: a16z partner on SB 1047
TODAY’S RECAP 🗓️
Speak raises a $20M Series B-3 — Language learning app
Zing Coach raises a $10M Series A — AI fitness coach
2 more rounds caught by my funding tracker
Read time: 1 minute
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TOP PICKS 📢
1/2
Amount: $20M 🎉
Valuation: $500M
Round: Series B-3
Lead Investor: Buckley Ventures
Speak is a language learning app that utilizes AI to deliver personalized lessons.
The app focuses on teaching English and incorporates conversational practice, interactive exercises, and real-time feedback to help users improve their language skills.
2/2
Amount: $10M 🎉
Round: Series A
Lead Investor: Zubr Capital, Triple Point Capital
Zing Coach is an app that uses AI to personalize health and fitness training plans.
The app uses photo-based body composition scans, motion-tracked fitness tests, and personalized workout routines tailored to the user's goals, energy levels, and available time.
The app also has an AI fitness coach that provides instant feedback on form, technique, and performance, helping users correct mistakes and stay motivated. See their pitch deck
OTHER ROUNDS 🤏
ESSENTIAL INTRODUCTIONS
→ Backstroke raises a $2M Seed — AI messaging platform for B2C brands and retailers
PITCH DECKS & TOOLS ⚒️
New Pitch Decks
Zing Coach $10M Series A - AI-powered general ledger
Decagon $35M Series A - AI customer support agents for enterprises
Trending Business Tools
BONUS 🔥
FOR CURIOUS MINDS
SB 1047 Myths vs Truth
Myth 1. "The bill only impacts the largest models, and should not affect small start-ups"
Truth: False
The bill says $100M 'training' budget == BigTech
In reality BigTech's AI training budgets are in the $BillionsIt gets worse:
— Anjney Midha (@AnjneyMidha)
3:54 PM • Jun 21, 2024
THAT’S IT FOR TODAY
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