📌 4 AI Startups raise $700M+

TODAY’S FUNDING RECAP 🗓️

• Groq raises a $640M Series D — AI inference hardware and software

• Contextual AI raises a $80M Series A — RAG for enterprises

• 2 more rounds caught by my funding tracker

Read time: 2 minutes

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TOP PICKS 📢

1/2

→ Groq

Amount: $640M 🎉

Valuation: $2.8B

Round: Series D

Lead Investor: BlackRock

Groq is an AI inference platform powered by their Language Processing Unit (LPU) chips. The LPUs run AI models significantly faster and with less energy than conventional processors.

They also provide a developer platform, GroqCloud, that provides access to open-source AI models from Meta, Google, OpenAI, and Mistral, etc. It also includes an API for integrating Groq’s chips into cloud instances and features such as GroqChat, an AI-powered chatbot playground.

2/2

→ Contextual AI

Amount: $80M 🎉

Round: Series A

Lead Investor: Greycroft

Contextual AI offers an enterprise AI platform optimized for building and deploying advanced Retrieval-Augmented Generation (RAG) applications.

The platform enables enterprises to automate complex knowledge-intensive tasks with high accuracy and security while supporting both cloud and on-premise deployments.

OTHER ROUNDS 🤏

ESSENTIAL INTRODUCTIONS

→ Heeyo raises a $3.5M Seed — AI chatbot for kids

→ Graceview raises a $1.5M Seed — AI-powered regulatory compliance

Funding Database →

PITCH DECKS & TOOLS ⚒️

New Pitch Decks

• Momentum $13.5M Series A - AI to record and analyze sales and customer calls

• Lakera AI $20M Series A - GenAI security platform

• Thoughtful AI $20M Series A - AI agents for healthcare operations

Browse more AI pitch decks →

Trending Business Tools

• Leap - AI automation for marketing and sales

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

• GPTZero - AI detector for ChatGPT, LLMs

BONUS 🔥

FOR CURIOUS MINDS

THAT’S IT FOR TODAY

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