๐Ÿ“Œ 7 AI Startups raise $600M+

BONUS: Coatue's State Of The Markets

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TODAYโ€™S RECAP ๐Ÿ—“๏ธ

  • Helsing raises a $490M Series C โ€” Defence software

  • Fireworks AI raises a $52M Series B โ€” AI inference platform

  • Medal raises a $13M Round โ€” Desktop assistant

  • Beeble raises a $4.75M Seed โ€” Lighting studio for filmmakers

  • Armada raises a $40M Round โ€” Edge computing platform

  • 2 more rounds caught by my funding tracker

Read time: 3 minutes

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TOP PICKS ๐Ÿ“ข

1/5

Amount: $490M ๐ŸŽ‰

Round: Series C

Lead Investor: General Catalyst

Helsing develops AI software for defence systems.

Their software is used to process information from various defence systems, enhance weapons capabilities in drones and jet fighters, improve decision-making processes on the battlefield, and provide real-time actionable insights.

2/5

Amount: $52M ๐ŸŽ‰

Round: Series B

Lead Investor: Sequoia Capital

Fireworks AI is an inference platform that serves over 100 state-of-the-art models in text, image, audio, embedding, and multimodal formats.

These models are optimized for latency, throughput, and cost per token. The platform includes advanced customization, improved production readiness, and tools for composing systems with multiple models, retrievers, and external tools.

3/5

Amount: $13M ๐ŸŽ‰

Valuation: $333M

Medal, known for its video game clipping product, has built a contextual AI desktop assistant called Highlight.

It captures content on the user's screen and allows interaction with LLMs to answer questions based on that context. The app functions as a floating button on the desktop, capturing screen content locally without storing it.

4/5

Amount: $4.75M ๐ŸŽ‰

Round: Seed

Lead Investor: Basis Set Ventures

Beeble AI is a desktop app offering an AI-powered lighting studio for filmmakers.

The app allows users to adjust lighting, environments, and camera movements during the post-production stage. It uses AI to create physically accurate 3D representations from 2D footage, providing filmmakers with extensive creative control.

5/5

Amount: $40M ๐ŸŽ‰

Lead Investor: M12

Armada offers a suite of products to enable edge computing and AI.

Its flagship products include the Edge, a full-stack modular datacenter solution, which brings compute to remote sites in a ruggedized, mobile form factor.

OTHER ROUNDS ๐Ÿค

ESSENTIAL INTRODUCTIONS

โ†’ Buildots raises a $15M Round โ€” AI to automate on-site construction progress tracking

โ†’ Arkion raises a $4M Round โ€” AI-powered asset intelligence for the power grid

PITCH DECKS & TOOLS โš’๏ธ

New Pitch Decks

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  • GPTZero - AI detector for ChatGPT, LLMs

BONUS ๐Ÿ”ฅ

FOR CURIOUS MINDS

THATโ€™S IT FOR TODAY

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