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- π 6 AI Startups raise $50M+
π 6 AI Startups raise $50M+
BONUS: Top Seed Rounds in AI in 2024
ποΈ Todayβs 1 min recap:
Greeneye Technology raises a $20M Series C for its agricultural precision spraying technology
XFactor raises a $16M Series A for its revenue platform
AIPERIA raises a $8M Series A for its fresh food planning platform
VulnCheck raises a $4.8M Seed for its threat intelligence platform
Langdock raises a $3M Seed for its enterprise chat interface
1 more round caught by my funding tracker
Read time: 2 minutes
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TOP PICKS π’
A detailed highlight
Amount: $20M π
Round: Venture Round
Lead Investor: Deep Insight
Greeneye Technology offers an AI-powered precision spraying technology that targets herbicide application to where itβs needed, reducing unnecessary chemical use by 88%.
The system utilizes advanced sensors and ML algorithms to accurately identify and target weeds.
Amount: $16M π
Round: Series A
Lead Investor: Accel, Mike Carpenter
Xfactor is an AI-powered revenue platform that integrates sales, marketing, and operations.
It leverages real-time data and AI modeling to help revenue leaders make intelligent, real-time decisions, thereby accelerating pipeline growth, increasing deal sizes, and improving win rates.
Amount: $8M π
Round: Series A
Lead Investor: ETF Partners, LBBW VC
AIPERIA provides an AI-based planning platform that integrates multiple data points (like consumer demand and weather) to optimize the production and supply of fresh foods.
This helps in minimizing waste and improving profitability for retailers and suppliers. The platform has been adopted by approximately 2,600 stores, showing a 500% YoY growth.
Amount: $4.8M π
Round: Seed
Lead Investor: Sorenson Capital
VulnCheck is a threat intelligence platform designed to enhance cybersecurity measures within organizations.
It integrates real-time data analysis with a comprehensive database of known vulnerabilities and exploits to provide prioritization tools to focus on the most critical threats first.
Additionally, it features an early-warning system that alerts users about potential exploits before they are actively attacked.
Amount: $3M π
Round: Seed
Lead Investor: General Catalyst
Langdock is a chat interface designed to integrate various LLMs into corporate systems.
This interface allows companies to switch between different LLM providers easily, integrate sensitive documents for secure processing, and comply with stringent EU data protection regulations.
Notably, Merck has implemented Langdockβs interface for its 63,000 employees.
OTHER ROUNDS π€
Essential introductions
β Sapience Automata raises a $0.2M Seed - AI-powered driver assistance camera
BONUS π₯
For the most curious minds!
Top 10 Seed Rounds in AI in 2024:
1. Physical Intelligence (@physical_int)
Amount: $70M
Building robotic foundational models to bring general-purpose AI into the physical world.
β Chief AI Officer (@chiefaioffice)
11:55 AM β’ Apr 19, 2024
THATβS IT FOR TODAY
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Cheif AI Officer (CAIO)
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