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📌 6 AI Startups raise $600M+

📌 6 AI Startups raise $600M+

BONUS: Vertical AI From NEA

February 14, 2025

TODAY’S FUNDING RECAP 🗓️

Latent Labs raises a $40M Series A — Foundational model for biology
EnCharge AI raises a $100M Series B — Edge AI
4 more rounds caught by my funding tracker

Read time: 2 minutes

TOP PICKS 📢

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→ Latent Labs

Amount: $40M 🎉

Round: Series A

Lead Investor: Radical Ventures, Sofinnova Partners

Latent Labs is developing AI foundation models that enable the generation and optimization of proteins.

Latent Labs aims to allow researchers to computationally design new therapeutic proteins from scratch. The ultimate vision is where users can input a hypothesis for a drug target, and the system generates a protein-based drug with all required properties.

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→ EnCharge AI

Amount: $100M 🎉

Round: Series B

Lead Investor: Tiger Global Management

EnCharge AI develops analog memory chips that serve as AI accelerators.

EnCharge’s chips are designed to run AI inference tasks at the edge, meaning they can process AI models directly on end-user devices without relying on cloud infrastructure. The company’s technology is particularly notable for its noise-resilient design, which overcomes one of the major challenges of analog computing—sensitivity to signal noise. Additionally, EnCharge offers a full-stack software solution that complements its hardware.