📌 AI Startups raise $230M+

Today’s 1 min recap:

• Rebellions raises a $124M Series B to build next-gen AI chips

• Xreal raises $60M to build AR devices, like Apple Vision Pro, for consumers

• Sema4.ai raises $30.5M for enterprise-focussed AI agents

• SEMRON raises $7.9M Seed to build next-gen AI chips

• Align AI raises a $3.5M Seed to provide analytics for LLM-powered products

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

Top picks

A detailed highlight

→ Rebellions

Amount: $124M 🎉

Valuation: $658M

Round: Series B

Lead Investor: KT Corp

Rebellions aims to accelerate the development of next-generation AI chips, focusing on specialized tasks like computer vision and chatbots.

They are currently developing "Rebel," an AI chip for running large language models. This product is part of their broader strategy to create chips that cater to specific AI tasks, utilizing advanced technology like Samsung's 4-nanometer process.

→ Xreal

Amount: $60M 🎉

Valuation: $1B+

Round: N/a

Lead Investor: N/a

Xreal is committed to advancing AR technology for consumer use.

They offer the Xreal Air 2 Ultra AR glasses ($699) that positions itself as a competitor to Apple Vision Pro, designed for AR developers, featuring advanced AR capabilities for immersive experiences.

→ Sema4.ai

Amount: $30.5M 🎉

Round: N/a

Investor: Benchmark, Mayfield Fund, Canvas Ventures

Sema4.ai aims to transform knowledge work with AI, focusing on meaningful human-AI collaboration through intelligent agents that understand intent and can take action within enterprise systems.

They offer a Python-based AI Actions framework that integrates with LangChain and OpenAI, enabling the creation of agents that interact with enterprise systems using LLMs for practical AI applications.

→ SEMRON

Amount: $7.9M 🎉

Round: Seed

Lead Investor: Join Capital

Semron's mission is to advance the efficiency of AI chips for smart devices, with its innovative 3D AI semiconductor chips.

Their flagship product, incorporating CapRAM™ technology, promises significant energy savings while supporting the demands of large AI models, addressing key challenges in AI computing power and energy consumption.

→ Align AI

Amount: $3.5M 🎉

Round: Seed

Lead Investor: KB Investment

Coxwave’s, the parent entity, mission is to empower developers with AI analytics tools like Align AI, enhancing data analysis from LLM-powered conversational interfaces.

This service targets developers aiming to improve AI solutions and user experiences by converting conversational data into actionable insights.

Other Rounds 🤏

Wondercraft raises a $3M Seed - generate podcasts using Text-to-Speech technology

Roboost raises a $3M Seed - AI to automate and optimize the home delivery operations for businesses

Refact raises $2M - open-source AI coding assistant

PublicAI raises a $2M Seed - Web3 AI Data Infrastructure

Cap VC raises a $1M Pre-Seed - AI-powered OS for VCs

wizr.ai raises a $0.5M Seed - AI-powered customer care

Bonus 🔥

For the most curious minds!