👯‍♀️ LLM startups are VC favorites

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Top picks

A quick highlight

AI21 Labs

Amount: $155M 🎉

Round: Series C

Valuation: $1.4B

Investors: Walden Catalyst, Pitango, SCB10X, b2venture, Samsung Next

AI21 Labs’ mission is to enhance humanity’s unique ability to create and understand written language. They are on a mission to reimagine the way humans read and write.

Their flagship product is AI21 Studio, a developer platform for building custom text-based business apps off of AI21’s proprietary text-generating AI models.

The startup also sells access to Wordtune, its multilingual reading and writing AI assistant.

Martian Lawyers Club

Amount: $2.2M 🎉

Round: Pre-Seed

Investors: Fly Ventures, System.one, Amar Shah

Martian Lawyers Club wants to take game personalization to the next level with the help of generative AI.

With MLC, developers will get something akin to a sandbox where they can design the experience but won’t have to create every game interaction from scratch. The company plans to provide an SDK that provides this sandbox experience and would then allow players to interact with it. This SDK will also allow developers to create the boundary around the sandbox to ensure that the generative AI system won’t go off the rails.

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