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đź’Ş A busy day for Seed Rounds + BONUS: Pitch Decks

Ideogram raises a $16.5M Seed Round. Kombai raises a $4.5M Seed Round. Wand raises a $4.2M Seed Round. Portkey raises a $3M Seed Round. Lex raises a $2.75M Seed Round.

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Top picks

A quick highlight

Amount: $16.5M 🎉

Round: Seed

Lead Investor: Andreessen Horowitz (a16z)

There’s not much info on what exactly this company does but a lot of hype. I’m assuming they’re coming out of stealth or haven’t launched anything. Here’s what we know:

“Our mission is to help people become more creative through generative AI. We are developing state-of-the-art AI tools that will make creative expression more accessible, fun, and efficient. We are pushing the limits of what’s possible with AI, with a focus on creativity and a high standard for trust and safety.”

Amount: $4.5M 🎉

Round: Seed

Lead Investor: Foundation Capital

Kombai’s mission is to make frontend development fun again for the five million frontend and 15 million full-stack developers around the world.

By simply prompting Kombai with design files, developers can get production-quality UI code with just one click per component. This code can then be easily downloaded or copied into their IDEs, modified in any way, and incorporated into their codebases, as per the company.

Amount: $4.2M 🎉

Round: Seed

Lead Investor: O'Shaughnessy Ventures

Wand’s mission is to bridge the gap between AI-powered creative tools and artists who have specific visions for what they want to create, with a combination of visual tools and personalization.

They allow artists to teach a personal AI their own style in order to receive results that look consistent with the specific aesthetic that they are seeking. The editing process all lies within a freeform artboard where individuals or groups can work on iterating on their work.

Amount: $3M 🎉

Round: Seed

Lead Investor: Lightspeed Venture Partners

Portkey’s mission is to help businesses overcome the bottleneck of building and managing robust applications that use large language models (LLMs) by automating much of the work involved with developing apps that use generative AI.

Their platform allows clients to link directly to LLM providers such as OpenAI and Anthropic, and automate much of the work involved with developing apps that use generative AI. The goal is to enable clients to develop more apps with greater complexity and to do so at greater speed.

Amount: $2.75M 🎉

Round: Seed

Lead Investor: True Ventures

Lex’s end user is writers who want to use technology to help them overcome blocks and improve their writing process. AI is included as a way to extend and smoothen out the user’s workflow.

For example, “If you ever get stuck,” Lex explains to new users, “just hit CMD+Enter or type +++, and GPT-3 will fill in what it thinks should come next.” You can also ask Lex’s AI questions inside of comments, which is neat.

Careers 📢

Apply to Wand. Open jobs waiting for you 👇

Apply to Ideogram. Open jobs waiting for you 👇

Chief AI Tool of the Week 📢

People are choosing Claude over ChatGPT. You should too 👇

Bonus 🔥

For the most curious minds! See how AI startups have crafted their pitch deck to raise Billions this year. Use the code DECK10 for $10 off.

You did it! It’s over for now.

I’ll see you tomorrow.

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Cheers,

Chief AI Officer (CAIO)

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