- Chief AI Office
- Posts
- 📌 6 AI Startups raise $40M+
📌 6 AI Startups raise $40M+
BONUS: Kyutai Lab's Audio Model Demo
TODAY’S RECAP 🗓️
Redactive raises a $11.5M Seed — Enterprise LLM governance
Altrove AI raises a $4M Seed — AI to create new materials
Phaidra raises a $12M Round — Autonomous control system for data center energy consumption
3 more rounds caught by my funding tracker
Read time: 2 minutes
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TOP PICKS 📢
1/3
Amount: $11.5M 🎉
Round: Seed
Lead Investor: Blackbird Ventures, Felicis
Redactive’s platform enables enterprises to develop AI-powered applications by leveraging AI models interacting with live, permissioned data.
The platform ensures secure and scalable access to enterprise data, allowing AI models to function optimally without compromising data integrity or security.
2/3
Amount: $4M 🎉
Round: Seed
Lead Investor: Contrarian Ventures
Altrove uses AI to generate potential recipes for inorganic materials, particularly rare earth elements.
Their proprietary characterization technology assesses the performance of these materials. Altrove aims to automate their lab to increase the throughput of experiments, speeding up the feedback loop from prediction to practical application.
3/3
Amount: $12M 🎉
Round: Venture Round
Lead Investor: Index Ventures
Phaidra is an autonomous control system to optimize the energy efficiency of data centres and other industrial facilities.
The company's systems collect data from thousands of sensors within a facility and use AI models to make real-time decisions on how to manage and cool equipment more efficiently.
OTHER ROUNDS 🤏
ESSENTIAL INTRODUCTIONS
→ Kvantify raises a $10.8M Seed — Quantum computing for life sciences
→ OpenLedger raises a $8M Seed — Decentralized data infrastructure for AI model development
→ Solidroad raises a $1.2M Seed — AI-powered conversation simulations for sales, recruitment, training, etc
PITCH DECKS & TOOLS ⚒️
New Pitch Decks
Proofs $2.6M Pre-Seed - AI agent for APIs
TechWolf $42.75M Series B - AI-powered internal recruitment
Zing Coach $10M Series A - AI fitness coach to personalize health and fitness training plans
Trending Business Tools
BONUS 🔥
FOR CURIOUS MINDS
Moshi and Neil on stage giving some emotional improv.
— kyutai (@kyutai_labs)
7:56 PM • Jul 3, 2024
THAT’S IT FOR TODAY
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