- Chief AI Office
- Posts
- π 9 AI Startups raise $190M+
π 9 AI Startups raise $190M+
BONUS: AI Insights from a Microsoft Employee
ποΈ Todayβs 1 min recap:
Collaborative Robotics raises a $100M Series B to build robots
Oden Technologies raises a $28.5M Series B for its manufacturing software
Neysa raises a $20M Seed to help enterprises deploy AI models
Andesite raises a $15M Series A for its cybersecurity platform
Udio raises a $10M Seed for its text-to-music app
4 more rounds caught by my funding tracker
Read time: 2 minutes
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TOP PICKS π’
A detailed highlight
Amount: $100M π
Round: Series B
Lead Investor: General Catalyst
Collaborative Robotics aims to redefine the future of human-robot interaction with their cobots.
Their cobots work alongside humans, combining automation with human problem-solving capabilities to enhance productivity, alleviate employee strain, reduce operational costs, and minimize errors.
Notably, the design of the robot is still in stealth.
Amount: $28.5M π
Round: Series B
Lead Investor: Nordstjernan Growth
Oden Technologies transforms complex data points into actionable insights for factory machine operators.
Their product, Process AI, allows inexperienced operators to perform at the level of highly experienced workers by providing real-time recommendations and predicted outcomes directly to the machine operators, giving them the information they need to optimize production.
Amount: $20M π
Round: Seed
Lead Investor: Matrix Partners India, Nexus Venture Partners
Neysa is an Indian startup that plans to roll out services to help businesses easily deploy, train, and manage generative AI models.
Neysa's platform would allow businesses to upload their datasets, train generative AI models on those datasets, and then deploy those models to production.
Amount: $15.25M π
Round: Series A
Lead Investor: General Catalyst, Red Cell Partners
Andesite is a cybersecurity platform that uses AI to analyze data and identify vulnerabilities. This can help cyber analysts defend against advanced threats.
Amount: $10M π
Round: Seed
Lead Investor: a16z
Founded by former Google DeepMind researchers, Udio is an AI-powered app that allows users to create music easily.
Users can input a description or lyrics and Udio will generate a full song in seconds based on the user's input.
OTHER ROUNDS π€
Essential introductions
β Sapien raises a $5M Seed - Data labeling services for managing and scaling data labeling pipelines
BONUS π₯
For the most curious minds!
A must-read interview for investors investing in the AI space from a Former high-level employee at $MSFT who also worked with OpenAI from the $MSFT side. Key insights from the interview:
1. When they tested Copilot, productivity gains were average in the 60-70% range. Copilot'sβ¦ twitter.com/i/web/status/1β¦
β Rihard Jarc (@RihardJarc)
3:26 PM β’ Apr 10, 2024
THATβS IT FOR TODAY
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Cheif AI Officer (CAIO)
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