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- 📌 7 AI Startups raise $50M+
📌 7 AI Startups raise $50M+
BONUS: AI Fundraising Rumors
🗓️ Today’s 1 min recap:
Basemark raises a $24M Series B for its automotive AR platform
Prem AI raises a $14M Seed to build custom enterprise LLMs
Archetype AI raises a $13M Seed for its physical world model
Today raises a $5M Seed for its web3 social simulation game
JARS AI raises a $3.5M Seed for its interactive shows platform
2 more rounds caught by my funding tracker
Read time: 2 minutes
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TOP PICKS 📢
A detailed highlight
Amount: $24M 🎉
Round: Series B
Lead Investor: ETF Partners
Basemark’s software, Rocksolid AR, is an AI-powered computer vision system that enables carmakers to develop their own AR applications for Heads-up Displays (HUDs).
Rocksolid AR enables OEMs to develop AR solutions by combining an AR development studio with an interconnected AR SDK to build bespoke AR applications that reflect their unique brands.
Amount: $14M 🎉
Round: Seed
Lead Investor: Co-founder of Sequoia Capital China, David Maisel, Alon Lifshitz
Prem Labs, an open-source AI research lab, offers a platform that businesses can use to create, train and fine-tune their own AI models.
They also offer on-premise deployment, giving clients full control of their AI model and data.
Amount: $13M 🎉
Round: Seed
Lead Investor: Venrock
Archetype AI has built a model called Newton that understands the physical world by combining multimodal sensor data (accelerometers, gyroscopes, radars, cameras, microphones, etc) with natural language to unlock insights in real time.
It allows users to ask questions about the physical environment and take informed actions.
Amount: $5M 🎉
Round: Seed
Lead Investor: Big Brain Holdings, Sfermion
Today is a web3 social simulation game focused on building a community on a virtual island.
The game's core feature is its NPCs (Non-Player Characters) powered by AI to offer realistic conversations and dynamic personalities that evolve over time.
Amount: $3M 🎉
Round: Seed
Lead Investor: Gradient Ventures
JARS AI is a web-based platform for creating personalized shows using LLMs.
It offers a set of narratives called "JARS" and generates episodes based on submissions shared in a live chat. For example, one show dubbed "JARS Tank" riffs off "Shark Tank," where JARS AI users submit startup ideas for a character to pitch.
OTHER ROUNDS 🤏
Essential introductions
→ Black Swan raises a $1M Pre-Seed - AI-powered satellite autonomy
BONUS 🔥
For the most curious minds!
Rumored fundraises in AI + valuation:
xAI - $3B at $18B
Anthropic - $750M at $18B
Scale AI - undisclosed at $13B
Cohere - $500M at $5B
Cognition - undisclosed at $2B— Chief AI Officer (@chiefaioffice)
10:12 PM • Apr 8, 2024
THAT’S IT FOR TODAY
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Cheif AI Officer (CAIO)
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