πŸ“Œ 8 AI Startups raise $1.15B+

BONUS: AI Funding Database

πŸ—“οΈ Today’s 1 min recap:

  • CoreWeave raises a $1.1B Series C β†’ Cloud GPU infrastructure

  • Traceable raises a $30M Round β†’ AI to secure APIs

  • DeepKeep raises a $10M Seed β†’ LLM security platform

  • 5 more rounds caught by my funding tracker

Read time: 2 minutes

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TOP PICKS πŸ“’

A detailed highlight

Amount: $1.1B πŸŽ‰

Valuation: $19B

Round: Series C

Lead Investor: Coatue

CoreWeave is a specialized GPU cloud infrastructure tailored for high-performance computing (HPC) workloads.

Their offerings include managing complex AI workloads, real-time rendering for VFX, life sciences computations, and more.

Notably, the company expects to clock in revenues of $2.4B this year.

Amount: $30M πŸŽ‰

Round: Venture Round

Lead Investor: IVP

Traceable uses AI to learn normal API behavior and detect deviations. This helps secure APIs, including undocumented and deprecated ones.

Notably, the company analyzes 500 billion API calls per month and projects to 2x revenue this year.

Amount: $10M πŸŽ‰

Round: Seed

Lead Investor: Awz Ventures

DeepKeep provides a model-agnostic, multi-layer platform that safeguards AI for large corporations building and using LLMs in their apps.

This includes continuous risk assessment, prevention, detection, and mitigation from the R&D phase of building LLMs through to deployment.

OTHER ROUNDS 🀏

Essential introductions

β†’ Niqo Robotics raises a $9M Series B - AI-powered precision spraying robot for sustainable farming

β†’ Baselayer raises a $6.5M Seed - AI-powered business assessment for business onboarding

β†’ Piction Health raises a $6M Seed - AI-powered dermatology care

β†’ Outfield raises an undisclosed Seed - AI-powered fruit farming

β†’ Cognitivess raises an undisclosed Angel Round - AI wellness companion

AI PITCH DECKS πŸ”–

New Pitck Deck: Read AI’s $21M Series A πŸ‘‡πŸΌ

BONUS πŸ”₯

For the most curious minds!

THAT’S IT FOR TODAY

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