๐Ÿ“Œ 5 AI Startups raise $500M+

BONUS: AI Enterprise Deep Dive From LSVP

TODAYโ€™S FUNDING RECAP ๐Ÿ—“๏ธ

  • Magic raises a $320M Rould โ€” LLMs for coding

  • Codeium raises a $150M Series C โ€” AI code assistant

  • Swiss-Mile raises a $22M Seed โ€” Quadrupedal robots

  • Vybe raises a $4.75M Seed โ€” Photo remixing

  • 1 more round caught by my funding tracker

Read time: 2 minutes

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TOP PICKS ๐Ÿ“ข

1/4

Amount: $320M ๐ŸŽ‰

Magic is building frontier-scale code models to build an AI software engineer.

They just released a new model, LTM-2-mini, with a 100 million token context window during inference. This ultra-long context code LLM is designed to synthesize code, handle complex libraries, and utilize extensive context from a developerโ€™s entire codebase.

2/4

Amount: $150M ๐ŸŽ‰

Valuation: $1.25B

Round: Series C

Lead Investor: General Catalyst

Codeium is an AI coding assistant that offers real-time code suggestions across 70 programming languages.

Their AI assistant helps with code generation, debugging, testing, modernization, and more. The platform integrates with development environments like Microsoft Visual Studio and JetBrains and also offers a self-hosted installation option with greater security and control over proprietary code.

3/4

Amount: $22M ๐ŸŽ‰

Round: Seed

Lead Investor: Bezos Expeditions, HongShan

Swiss-Mile is building quadrupedal robots equipped with wheels, capable of walking, driving, standing upright on two legs, and manipulating objects.

These robots are powered by neural networks that allow them to autonomously learn and adapt based on real-world deployments.

4/4

Amount: $4.75M ๐ŸŽ‰

Round: Seed

Lead Investor: Stellation Capital

Vybe is a mobile app that allows users to upload selfies and place their faces into any picture or template.

The app uses AI to seamlessly integrate users' faces into existing images, adjusting skin tones to match and ensuring realistic results. Users can create and share photos within a social network, viewing friendsโ€™ creations in a feed.

OTHER ROUNDS ๐Ÿค

ESSENTIAL INTRODUCTIONS

โ†’ Inventive AI raises a $4M Seed โ€” AI for RFP & sales questionnaire workflows

PITCH DECKS & TOOLS โš’๏ธ

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