πŸ“Œ AI Startups raise $50M+

BONUS: Bittensor Explained

Today’s 1 min recap:

  • Synthetaic raises a $15M Series B to label unstructured datasets

  • finally raises a $10M Series A for AI-powered financial management

  • Jam raises a $8.9M Series A for its internal bug reporting & fixing platform

  • Galileo AI raises a $4.4M Seed to build a text-to-UI design product

  • Camb.ai raises a $4M Seed for its AI voice dubbing platform

  • 9 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 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.

  • Speakers from the generative AI scene like Bindu Reddy.

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: $15M πŸŽ‰

Round: Series B

Lead Investor: Lupa Systems, TitletownTech

Synthetaic overcomes the limitations of AI training that relies on annotated data.

Their tool, RAIC (Rapid Automatic Image Categorization), is an end-to-end AI pipeline that automates the analysis of a variety of large, unstructured datasets, from security camera footage to geospatial imagery. You can ingest, search, and categorize your data - build and train models - run inference - and integrate or access RAIC through cloud-hosted APIs.

Amount: $10M πŸŽ‰

Round: Series A Extension

Lead Investor: PeakSpan Capital

finally simplifies financial management for small businesses by integrating AI into accounting processes.

Their platform consolidates bookkeeping, expense management, and payroll, aiming to provide actionable financial insights and automation.

Amount: $8.9M πŸŽ‰

Round: Series A

Lead Investor: GGV Capital

Jam enhances internal bug reporting and collaboration in software development, aiming to streamline these processes.

Their AI feature, JamGPT, provides context-rich suggestions on where to start looking for issues, potential problem identification, and resolution strategies. It operates as an interactive chat, and can even generate code fixes.

Amount: $4.4M πŸŽ‰

Round: Seed

Lead Investor: Khosla Ventures

Galileo AI augments designers' creativity and productivity by generating UI designs from prompts.

Their product focuses on understanding design principles through specialized AI models, offering a solution that generates multiple design variants quickly, enhancing efficiency in the design process.

Amount: $4M πŸŽ‰

Round: Seed

Lead Investor: Courtside Ventures

Camb.ai focuses on content localization through AI, enabling seamless dubbing for various languages.

Their product targets content creators and distributors, addressing the challenge of making content universally accessible without language barriers.

Other Rounds 🀏

dataroomHQ raises a $3.5M Seed - AI-powered platform to increase insight into SaaS operational metrics

Banana raises a $3.4M Seed - A new dev tool (they closed their serverless GPU product this week)

Sable raises a $1.9M Pre-Seed - Drug safety with AI-powered data

SWIRL raises a $1.1M Seed - Convert short videos or live streams into shoppable content

Leya AI raises a $1.1M Pre-Seed - Personal language coaching powered by LLMs

OpenHouse.ai raises a $1.1M Seed - AI-driven personalization & analytics for homebuilders

Analytical Alley raises a $0.75M Seed - AI-driven marketing & business strategies

STORI raises a $0.5M Pre-Seed - Brand automation with AI

Dtime raises a $0.31M Seed - AI-powered dataset discovery

Bonus πŸ”₯

For the most curious minds!

You did it! It’s over for now.

I’ll see you next time.

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Cheers,

Chief AI Officer (CAIO)

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