📌 AI Startups raise $280M+

Today’s 1 min recap:

• Kore.ai raises a $150M Series D to build conversational AI apps

• Codeium raises $65M Series B to build code-completion tools

• AQEMIA raises a $32.5M Series A Extension for AI-powered drug discovery

• Mogic AI raises a $15M Series A to automate TikTok ad campaigns

• Roofer raises a $7.5M Seed for AI-powered roof assessments

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.

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Top picks

A detailed highlight

→ Kore.ai

Amount: $150M 🎉

Round: Series D

Lead Investor: FTV Capital

Kore.ai offers a no-code platform that enables businesses to power various interactions through AI, including customer-to-employee and employee-to-employee communications.

The platform provides tools and workflows for creating custom conversational AI apps or deploying pre-built, domain-trained chatbots, with a focus on flexibility in deployment and fine-tuning capabilities for specific applications.

→ Codeium

Amount: $65M 🎉

Valuation: $500M

Round: Series B

Lead Investor: Kleiner Perkins

Codeium offers AI-powered code completion tools that work across various IDEs and programming languages.

These tools are designed to enhance coding efficiency by providing intelligent suggestions, thereby reducing the time developers spend on repetitive tasks. Their service is used by over 300,000 developers.

→ AQEMIA

Amount: $32.5M 🎉

Round: Series A Extension

Lead Investor: Wendel Growth

Aqemia aims to revolutionize drug discovery using quantum physics and generative AI, eliminating the need for chemical experimental data in the design phase.

Their focus is on oncology and immuno-oncology, with plans to advance preclinical projects to clinical trials. A recent collaboration with Sanofi, involving a $140m deal, highlights their unique approach.

→ Mogic AI

Amount: $15M 🎉

Round: Series A

Lead Investor: Cathay Capital, Meitu

Mogic AI's automated advertising platform provides tools to create, launch and optimize TikTok campaigns by automatically pulling product images into ads and handles audience targeting and budget allocation.

The founders have high domain experience, led by tech and marketing veterans from ByteDance and Estée Lauder.

→ Roofer

Amount: $7.5M 🎉

Round: Seed

Lead Investor: Mucker Capital

Roofer leverages AI and drone technology for detailed roof assessments.

The drones capture high-resolution photographs, which are then analyzed using computer vision. That analysis provides insights into areas of damage, the remaining life of the roof, and whether a repair or complete re-roofing is necessary.

Other Rounds 🤏

Wisedocs raises a $7M Series A - AI platform to review medical records

akirolabs raises a $5M Seed - AI-powered procurement platform

Leal raises a $5M Pre-Series B - AI-driven customer engagement

Inference raises a $4M - Infrastructure-as-a-service cloud GPU compute

Competera raises $3M Seed - AI-driven pricing algorithms

Bonus 🔥

For the most curious minds!