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📌 4 AI Startups raise $90M+

📌 4 AI Startups raise $90M+

BONUS: Consumer AI Apps Unwrapped From a16z

December 20, 2024

In partnership with

TODAY’S FUNDING RECAP 🗓️

Decart raises a $32M Series A — Real-time video model for games
Backflip AI raises a $30M Series A — Text-to-3D for 3D printing
Boon raises a $20M Round — Commercial fleet operations
1 more round caught by my funding tracker

Read time: 2 minutes

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TOP PICKS 📢

1/3

→ Decart

Amount: $32M 🎉

Valuation: $500M+

Round: Series A

Lead Investor: Benchmark

Decart is an AI research lab with enterprise and consumer AI products.

The company’s enterprise product optimizing GPU usage associated with training and running AI models.

On the consumer front, they built Oasis, an AI video model that powers real-time, interactive open-world simulations. Oasis is capable of producing game-like experiences without pre-programmed environments. They demoed a Minecraft-like world where gameplay is generated on the fly, end-to-end, with physics, rules, and graphics simulated in real-time.

2/3

→ Backflip AI

Amount: $30M 🎉

Round: Series A

Lead Investor: Andreessen Horowitz, New Enterprise Associates

Backflip uses AI to transform user inputs—such as text prompts, sketches, or photos—into detailed 3D models ready for printing.

The platform is built on a foundational AI model trained on a vast dataset of 3D parts, enabling it to understand and generate complex designs. The integration of these inputs with foundational AI models ensures that the designs produced are both detailed and manufacturable. This allows for rapid prototyping and iteration, significantly reducing the time and expertise traditionally required in 3D design.

Why a16z invested in them

Why NEA invested in them

3/3

→ Boon

Amount: $20.5M 🎉

Round: Seed + Series A

Lead Investor: Marathon, Redpoint Ventures

Boon is an AI workflow platform for commercial fleet operations.

The platform connects existing software systems, including email inboxes, transportation management systems (TMS), load boards, fuel card providers, and telematics to automate data entry, dispatch, and load sourcing. Their AI agent takes on customer tasks after mimicking manual workflows for just a few days like efficient routing, optimal fueling strategies, container loading optimization and staffing improvements.