- Chief AI Office
- Posts
- π AI Startups raise $35M+
π AI Startups raise $35M+
BONUS: The State of AI Report
Todayβs 1 min recap:
Aim Security raises a $10M Seed to build a GenAI protection platform
Reken raises a $10M Seed to counter deepfakes and other AI-manipulated content
Neurelo raises a $5M Seed to automate API generation
FORA raises a $3.8M Pre-Seed for an AI assistant tailored for the C-suite
Twin raises a $3M Pre-Seed to automate repetitive browser tasks
6 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: $10M π
Round: Seed
Lead Investor: YL Ventures
Aim Security enables enterprises to fully leverage GenAI without compromising security, addressing the unique and emerging threats.
Their GenAI Protection Suite provides visibility, control, and security to enterprises, covering the entire spectrum of GenAI use. For example, you can see what applications can store and learn on your data, and understand what data is connected to which LLM.
Amount: $10M π
Round: Seed
Lead Investor: FPV Ventures, Greycroft
Reken aims to address the growing threat of AI-enabled fraud and cybercrime.
They are developing a platform that combines elements of zero trust and technological analysis to defend against AI-generated threats like identifying and countering deepfakes and other AI-manipulated content.
Amount: $5M π
Round: Seed
Lead Investor: Foundation Capital
Neurelo aims to simplify database connectivity for developers, making it easier to integrate databases with applications.
Their platform auto-generates APIs for databases like PostgreSQL, MongoDB, and MySQL, employing AI for query generation and offering features like deep query observability.
Amount: $3.8M π
Round: Pre-Seed
Lead Investor: Converge
Fora enhances the strategic capabilities of C-suite executives in medium to large enterprises, aiming to streamline their decision-making processes and relationship management through actionable insights.
Their ERM platform is tailored for the C-suite, integrating AI to aid in strategic decisions while ensuring data security, particularly around meeting recordings and transcripts.
Amount: $3M π
Round: Pre-Seed
Investor: Betaworks, Motier Ventures
Twin is an AI-powered tool aimed at automating repetitive tasks.
This tool utilizes multimodal models with vision capabilities to understand and interact with software interfaces, allowing it to perform tasks without relying on APIs or complicated processes. For example, it can take care of onboarding new employees by automating web-based actions such as form submissions and data entry.
Other Rounds π€
Indemn raises a $1.9M Pre-Seed - conversational AI for insurance sales
Version Lens raises a $1.6M Pre-Seed - AI co-pilot for product managers
Sentify raises a $1.1M Pre-Seed - Product analytics for LLM products
Howie raises a $1M Pre-Seed - Email-based AI schedule manager
HireARA raises a $0.57M Seed - AI-powered candidate presentation platform
Spot raises a $0.13M Pre-Seed - AI co-pilot for influencer marketing
Bonus π₯
For the most curious minds!
In October β23, @stateofaireport reached its 5th anniversary.
With 934 slides over 6 editions serving as a historical document, weβre opening 2024 with a retrospective of the main storylines, what we predicted, and what we didn't.
Welcome to the State of the State of AI. π§΅
β Nathan Benaich (@nathanbenaich)
9:51 AM β’ Feb 1, 2024
You did it! Itβs over for now.
Iβll see you next time.
Thanks for reading.
I would love to know how you would rate this newsletter on a scale of 1-5 by replying to this email (feedback also helps!)
My X: @chiefaioffice
Cheers,
Chief AI Officer (CAIO)
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