- Chief AI Office
- Posts
- đź’Ş A busy day for Seed Rounds + BONUS: Pitch Decks
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.
At Chief AI Office, our goal is to provide you with:
The latest funding events in AI startups
Careers in AI
Greatest AI tools
With our (almost) daily market updates, you'll stay ahead of the curve.
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.”
We're excited to announce the formation of Ideogram AI today! Our mission is to help people become more creative through Generative AI. ideogram.ai/launch
— Ideogram AI (@ideogram_ai)
4:33 PM • Aug 22, 2023
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.
Wand’s sketch feature now only modifies regions where you draw, so you can create amazing things one small edit at a time ✨ #conceptart
— wand (@wand_app)
6:45 PM • Dec 17, 2022
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.
Thanks for reading. If you have any interesting projects or ideas, please reach out to us by responding to this email or by sending us a DM on Twitter: @chiefaioffice
Show me some love by sharing my newsletter with your friends & family!
Cheers,
Chief AI Officer (CAIO)
Reply