📌 AI Startups raise $110M+

Today’s 1 min recap:

• Poe raises $75M for AI chatbots

• Ask-AI raises a $11M Series A for enterprise knowledge search

• Geminus raises a $13M Series A for models focused on industrial automation

• Nous Research raises a $5.2M Seed for open-source LLMs

• Tab raises a $1.9M Seed for an AI-powered necklace

Together with IMAGINE AI LIVE 24

The world's first Enterprise AI conference: March 27-28, 2024

Imagine AI Live, the world's first cross-industry conference on Enterprise AI, is set to take place on March 27-28, 2024, at the Fontainebleau Las Vegas.

This two-day event offers a unique opportunity to connect with global AI leaders and discover the best enterprise-grade AI tools.

The conference will feature:

• Live demonstrations.

• Immersive sessions on topics such as AI Creative Flow Automation, personalizing user experience with AI, and the future of work with AI.

• Luminary speakers from the generative AI scene.

Whether you're an AI company looking to showcase your innovations or a VC seeking the next big thing in AI, Imagine AI Live is an unmissable event.

→ Secure your spot today and be part of the conversation shaping the future of Enterprise AI.

Top picks

A detailed highlight

Poe

Amount: $75M 🎉

Valuation: $500M

Round: Venture Round

Lead Investor: Andreessen Horowitz

Poe aims to do with AI chatbots what Roblox did to gaming - the best platform for consumers to interact with a variety of AI products and the easiest platform for developers/creators to build and reach a mass audience with multi-modal AI products.

Poe aggregates various AI models (text and image) from different sources like OpenAI, Google, and Meta. It provides a user interface for easy discovery and use of AI tools, allowing users to customize their favorite tools from these models and earn from them.

Currently, Poe is one of the top 5 largest generative AI-related properties, and creators have built 1M+ bots on Poe the platform.

Ask-AI

Amount: $11M 🎉

Round: Series A

Lead Investor: Leaders Fund

Ask-AI aims to streamline repetitive business tasks and understand customer needs effectively, addressing the challenge of data siloed across multiple platforms.

The platform integrates with work platforms like Salesforce, Zendesk, etc., to analyze enterprise knowledge. It helps in improving productivity by providing quick insights, reducing the time to resolve support tickets, and decreasing the number of daily tickets per agent.

Geminus

Amount: $13M 🎉

Round: Series A

Lead Investor: SLB

Geminus has developed a model creation, management, and deployment platform that fuses physics into AI.

Their approach allows real-time adaptation to changing conditions in industrial systems and processes without requiring large volumes of training data.

They transcend traditional AI methods that rely solely on data, thus circumventing the delays and expenses related to collecting, cleansing, and managing large data sets.

Nous Research

Amount: $5.2M 🎉

Round: Seed

Lead Investor: Distributed Global, OSS Capital

Nous Research’s mission focuses on developing open-source AI, specifically large language models (LLMs), with a commitment to transparency and making advancements accessible to the public for communal improvement.

Their key contribution is the Nous Hermes model, an example of collaborative AI development.

Tab

Amount: $1.9M 🎉

Valuation: $15-$20M

Round: Seed

Lead Investor: Caffeinated Capital, Rief Capital

Tab aims to create a new type of relationship in people's lives with their AI product.

Tab is a wearable AI microphone necklace. It records conversations and uses Bluetooth to send this audio to a phone and into the cloud, where ChatGPT transcribes the conversations. Various AI models then extract insights from these transcriptions. The user interacts with Tab primarily through their phone. The device aims to be proactive, providing information and insights as needed.

Other Rounds 🤏

Full Venue raises a $2.2M Seed - AI-Powered segmentation

Sunrise AI raises an undisclosed Pre-Seed - AI-Powered Credit Analysis

Ambitio raises a $0.2M Pre-Seed - AI co-pilot for higher education

Bonus 🔥

For the most curious minds!