📌 AI Startups raise $60M+

Today’s 1 min recap:

• Hippo Harvest raises a $21M Series B for indoor farming

• Marqo raises a $12.5M Series A for its vector search platform

• Fever raises a $10.75M Seed for clean energy asset optimization

• Anatomy raises a $7.6M Seed for financial automation in healthcare organizations

• Zylon raises a $3.2M Pre-Seed for an AI collaborator

• 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 conference on Enterprise AI, is set to take place on March 27-28, 2024, at the Fontainebleau Las Vegas.

The 2-day conference will feature:

• Live demonstrations.

• Immersive sessions on how AI can speed up your enterprise, expand your business model, and improve your value proposition.

• Speakers from the generative AI scene like Bindu Reddy.

Spots are filling up fast.

→ Secure your spot before February 15 and save 15%

Top picks

A detailed highlight

→ Hippo Harvest

Amount: $21M 🎉

Valuation: $145M

Round: Series B

Lead Investor: Standard Investments

Hippo Harvest is an indoor farming company that grows lettuce more efficiently using less land and water, leveraging robotics and AI.

The company's technology includes a closed-loop, non-recirculating direct-to-root fertilizer system, along with ML and autonomous mobile robots to manage micro-climate conditions in their greenhouses effectively.

→ Marqo

Amount: $12.5M 🎉

Round: Series A

Lead Investor: Lightspeed Venture Partners

Marqo has an AI-powered search platform that simplifies building search experiences.

Marqo leverages vector search in harnessing unstructured data, which represents a significant portion of enterprise data.

→ Fever

Amount: $10.75M 🎉

Round: Seed

Lead Investor: General Catalyst

Fever accelerates the transition to clean energy and enhances European power grid resilience.

Their platform integrates distributed energy assets using advanced software and machine learning to optimize energy distribution, aiming to make the grid more flexible and efficient.

→ Anatomy

Amount: $7.6M 🎉

Round: Seed

Lead Investor: Lightspeed Venture Partners

Anatomy streamlines financial workflows in healthcare through AI-powered automation, improving efficiency and enabling better patient care focus.

Their solution automates back-office tasks, digitizes payments, and integrates financial data for real-time insights, tailored for healthcare organizations dealing with insurance billing.

→ Zylon

Amount: $3.2M 🎉

Round: Pre-Seed

Lead Investor: Felicis

Zylon makes AI accessible to SMBs, offering a user-friendly platform with a private AI collaborator for businesses for tasks like content creation and data analysis.

Their web interface leverages open-source models, enabling AI-driven tasks with a focus on security.

Other Rounds 🤏

Cascading AI raises a $3.9M Pre-Seed - AI loan assistant

Pathways raises a $2.5M Pre-Seed - AI-powered creation of Buy-Clean and EU-compliant Environmental Product Declarations (EPDs)

Cofactor AI raises an undisclosed Pre-Seed - AI-powered platform that streamlines insurance denial appeals

Dojah raises an undisclosed round - AI-powered identity verification

Bonus 🔥

For the most curious minds!