📌 8 AI Startups raise $200M+

BONUS: Observe.AI's Enterprise Playbook

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TODAY’S RECAP 🗓️

  • Hebbia raises a $130M Series B — AI agents for document search

  • Odyssey raises a $9M Seed — Generative video for filmmakers

  • Anthropic raises a $50M Round — AI model development

  • 5 more rounds caught by my funding tracker

Read time: 2 minutes

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TOP PICKS 📢

1/3

Amount: $130M 🎉

Valuation: $700M

Round: Series B

Lead Investor: Andreessen Horowitz

Hebbia’s main product, Matrix, allows you to build AI agents inside spreadsheets.

It ingests structured and unstructured data across multiple files and formats, retrieves information when prompted, and delivers answers with citations. For each document (rows), you get answers to a set of questions (columns) and see the individual outputs of each agent (corresponding cells).

Notably, the company has grown its revenue by 15x in the last 18 months.

2/3

Amount: $9M 🎉

Round: Seed

Lead Investor: Google Ventures

Odyssey is building a generative video platform for filmmakers and animators.

Their software allows users to create Hollywood-grade cinematic videos from text descriptions or other inputs, such as stylus drawings or digital images. Odyssey’s platform provides fine-grain control over shot generation, ensuring consistency in characters and backgrounds, and realistic lighting and visual effects over longer sequences.

3/3

Amount: $50M 🎉

Round: Corporate Round

Lead Investor: DAMAC Group

Anthropic is an AI research company that builds safe, large-scale AI models.

Their recently launched Claude 3.5 Sonnet has been gaining strong traction because of its improved rankings on benchmarks and its new interactive workspace called Artifacts.

The DAMAC Group is a multi-billion-dollar conglomerate from UAE and this investment marks its increased focus on AI infrastructure.

OTHER ROUNDS 🤏

ESSENTIAL INTRODUCTIONS

→ Qloo raises a $20M Round — AI platform to decode consumer preferences

→ Quantum Rise raises a $15M Seed — AI consultancy to integrate AI into business workflows

→ Biostate AI raises a $4M Seed — Building AI that understands human biology

→ Questflow raises a $1.5M Round — Decentralized AI agents network

→ Thrive AI Health raises an undisclosed Round — Customized, hyper-personalized AI health coach

PITCH DECKS & TOOLS ⚒️

New Pitch Decks

Trending Business Tools

  • Gumloop - Automate any workflow with AI

  • Synthflow - Build voice AI agents for sales outreach, support & more

  • Quill AI - Use LLMs to speed up the equity research

BONUS 🔥

FOR CURIOUS MINDS

Five Steps for How GenAI Startups Can Break into the Enterprise: Observe.AI's Playbook - Menlo Ventures

Observe’s success in moving to the enterprise provides a playbook for both startups and enterprises on how to leverage GenAI to win together.

menlovc.com/perspective/observe-ais-playbook-for-enterprise-scale-genai

THAT’S IT FOR TODAY

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