πŸ“Œ AI Startups raise $215M+

BONUS: Alibaba's 6 New LLMs

Today’s 1 min recap:

  • Starship raises $90M to develop autonomous sidewalk robots

  • Ambience Healthcare raises a $70M Series B for an AI-powered "operating system" for healthcare organizations

  • Colossyan raises a $22M Series A for its text-to-video platform

  • Jua raises a $16M Seed to build foundational models that understand nature

  • Dexa AI raises a $6M Seed to build AI-powered search for podcasts

  • 4 more rounds caught by my funding tracker

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.

Top picks

A detailed highlight

Amount: $90M πŸŽ‰

Round: N/a

Lead Investor: Plural, Iconical

Starship Technologies develops nearly fully autonomous sidewalk robots for deliveries.

These robots have completed 6 million deliveries over 11 million miles in 80 locations across the US and Europe. They are designed for 18 hours of battery life and are being upgraded to charge wirelessly.

The service addresses the need for efficient, low-cost delivery solutions in urban and campus environments.

Amount: $70M πŸŽ‰

Round: Series B

Lead Investor: Kleiner Perkins, OpenAI Startup Fund

Ambience Healthcare reduces the administrative burden for clinicians through an AI-powered "operating system" for healthcare organizations.

Their platform offers various AI-powered tools like AutoScribe and AutoCDI to assist with clinical documentation and operational tasks, aiming to improve efficiency in ambulatory specialties.

Amount: $22M πŸŽ‰

Round: Series A

Lead Investor: Lakestar

Colossyan is an AI text-to-video platform designed to simplify video creation.

The platform automates video creation from scripts, supporting over 70 languages, aimed at corporate training, advertising, and communications.

Their customers are saving up to 80% in terms of both costs and production times.

Amount: $16M πŸŽ‰

Round: Seed

Lead Investor: 468 Capital, Green Generation Fund

Jua’s mission is to develop foundational AI models to understand and interact with the natural world, starting with weather prediction.

Their product or service focuses on leveraging AI for accurate weather predictions, potentially extending to other natural world phenomena.

Amount: $6M πŸŽ‰

Round: Seed

Lead Investor: Abstract Ventures, The General Partnership

Dexa leverages AI to enhance podcast search capabilities to improve user engagement.

The app indexes, analyzes and transcribes every conversation with precision to tell users exactly who was speaking, what they said and when in the episode they said it.

Their service addresses the challenge of navigating and extracting value from the vast amount of available podcast content. Today, the app has more than 50K users and has answered more than 1M queries.

Other Rounds 🀏

Artificial Labs raises a $10M Series A - Automated insurance underwriting

AudioStack raises a $3.1M Seed - Create professional audio with AI

Brix raises a $2.8M Seed - AI-driven recruitment software

Cimba.ai raises a $1.25M Pre-Seed - AI agents to optimize business operations

Bonus πŸ”₯

For the most curious minds!

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Cheers,

Chief AI Officer (CAIO)

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