📌 AI Startups raise $95M+

Today’s 1 min recap:

• Krutrim raises a $50M Seed for India's first AI computing stack

• Anomalo raises a $33M Series B for an automated data quality monitoring platform

• Digs raises a $7M Seed to streamline every stage of home-building

• Axyon AI raises $4.2M Seed for AI-powered asset management solutions

• ViralMoment raises a $2.5M Seed to help brands make viral content

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

→ Krutrim

Amount: $50M 🎉

Valuation: $1B

Round: Seed

Lead Investor: Matrix Partners

Krutrim is dedicated to building India's first complete AI computing stack. The mission emphasizes catering to the unique linguistic and cultural diversity of India.

They are currently developing an LLM trained on local Indian languages in addition to English. The focus is on a voice-enabled conversational AI assistant capable of understanding and speaking multiple Indian languages.

Krutrim also intends to develop in-house capabilities for manufacturing AI-optimized chips, indicating a holistic approach to AI technology development, from software to hardware.

→ Anomalo

Amount: $33M 🎉

Round: Series B

Lead Investor: SignalFire

Anomalo offers an automated data quality monitoring platform designed for enterprise use.

The platform is known for its data observability, AI-driven monitoring, and automated root-cause analysis. It enables proactive detection and resolution of data quality issues, safeguarding the integrity of operational processes, analytics, and AI models.

→ Digs

Amount: $7M 🎉

Round: Seed Extension

Lead Investor: Legacy Capital Ventures, Oregon Venture Fund

Digs is a real-time collaboration platform and document storage service that uses AI and computer vision to assist builders, vendors, and homeowners in understanding documents better.

Ultimately, the platform makes the process of building and owning a home more efficient and tailored to individual needs.

→ Axyon AI

Amount: $4.2M 🎉

Round: Venture Round

Lead Investor: Montage Ventures

Axyon AI provides AI-powered solutions for the asset management industry, focusing on:

AI-Driven Predictive Solutions: Forecasting market movements and identify investment opportunities.

AI-Powered Insights and Active Indices: Analysis of equities and ETFs to optimize asset allocation.

AI-Powered Asset Rankings: Evaluating and ranking assets based on predictive models to inform investment strategies.

→ ViralMoment

Amount: $2.5M 🎉

Round: Seed

Lead Investor: Supernode Global

ViralMoment has developed a platform that delivers AI-powered social video insights, strategy, and analytics.

The platform's USP lies in its ability to provide a complete analysis of video content, going beyond superficial elements to offer a thorough understanding of the content's impact on a brand's reputation and its relevance to current viral trends.

To date, the platform has analyzed over 1 billion social videos.

Other Rounds 🤏

Audioshake raises a $1.4M Seed - AI-powered music creation studio

Dataisland raises a $0.5M Pre-Seed - AI-powered employees

Bonus 🔥

For the most curious minds!