🔨 Garry Tan invests in an LLM platform

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A quick highlight

Amount: $55M 🎉

Est. Valuation: $300M

Round: Series A

Lead Investors: IMM Investment, Shinhan Venture Investment

MangoBoost’s mission is to enable faster and more scalable data centers. Their Data Processing Unit (DPU) significantly improves application performance and reduces the CPU and server costs for infrastructure processing.

DPUs are advanced server accelerators that coordinate various devices within a server, like CPUs, GPUs, SSDs, NPUs, and NICs. Their DPU solution enables data centers to reduce power consumption and optimize performance with cost efficiency and security.

Amount: $20M 🎉

Round: Series B

Lead Investors: Cheyenne Ventures, Google Ventures

Signos aims to address the obesity and metabolic health crisis that currently afflicts the United States.

They provide a comprehensive metabolic health platform that includes a proprietary AI-engine with a continuous glucose monitor (CGM) to offer real-time data and recommendations for healthy weight management.

The platform helps users understand how their body responds to specific foods, what causes their glucose to spike, and when they should exercise for optimal weight loss

Amount: $13.8M 🎉

Round: Series A

Lead Investor: DN Capital

Oxolo aims to simplify the process of creating professional-quality advertising and e-commerce videos. Their AI continuously refines videos, adapting and improving with each change to generate optimized video versions.

Users simply need to input a product link into Oxolo, and the platform takes care of the rest, generating a complete product video that can be edited if needed.

Amount: $3.7M 🎉

Round: Seed

Lead Investor: Point Nine

ZenML aims to simplify and streamline the process of building, deploying, and managing ML models in production environments.

They offer an open-source framework that allows users to create ML pipelines that can automatically perform the key steps involved in a development project.

They also announced the rollout of ZenML Cloud, a new managed service designed for enterprise ML teams. Whether it’s vendor lock-in, high costs, or tools that don’t play nicely together, ZenML helps streamline your MLOps.

Amount: $3.6M 🎉

Round: Seed

Investors: Nexus Venture Partners, Garry Tan

Giga ML’s mission is to ensure the privacy and security of enterprise data. They position their company as a provider of on-premise secure Large Language Models (LLMs), allowing enterprises to leverage the power of LLMs without compromising their data integrity.

Their platform allows businesses to deploy LLMs as robust as GPT-4 directly on their servers, thus eliminating the need to send sensitive information to external servers.

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