AI Funding News: Week Ending 9.29

Welcome to the last week of Q3 and we have a packed week of funding in AI and robotics.

AI Funding News: Week Ending 9.29
Ai Funding News Week Ending 9.29

Welcome to the last week of Q3 and we have a packed week of funding in AI and robotics.

This week has seen large investments in healthtech as well as Amazon Investing billions into Anthropic:

Amazon Fortifies AI Ambitions Investing Billions in Anthropic
Amazon invests billions to accelerate development and integration of Anthropic’s AI technologies, harness Amazon Web Services’ computational resources, and expand Amazon’s AI offerings to its user base.

Lets get right to it:


This week's sponsor:

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USA:  🌎

  1. Prompt AI Raises $5M in Seed Funding - San Francisco, CA - Startup utilizing large language models to facilitate access to computer vision, secured $5M in Seed funding.
  2. Nexusflow Raises $10.6M in Seed Funding - Palo Alto, CA - Generative AI company operating in the cybersecurity sector, secured $10.6M in Seed funding.
  3. UnitX Raises $5M in Funding - San Jose, CA - Robotics company developing AI vision systems for the manufacturing industry, secured $5M in funding.
  4. Yaysay Raises $10.3M in Venture Funding - New York, NY - Provider of an AI-powered shopping app recently launched in Beta, secured $10.3M in venture funding.
  5. Invoke AI Raises $3.75M in Seed Funding - Atlanta, GA - Maker of open-source AI solutions, secured $3.75M in Seed funding.
  6. Evozyne Raises $81M in Series B Financing - Chicago, IL - Generative AI company focusing on therapeutic discovery and drug development, closed an $81M Series B funding round.
  7. Canvs AI Raises $15M in Funding - New York, NY - Provider of an insights platform designed to unlock consumer and employee feedback, secured $15M in funding.
  8. Kneron Raises Additional $49M; Total Series B to $97M - San Diego, CA - Firm developing full-stack hardware and software products for AI applications, secured an additional $49M in Series B funding.
  9. XL8 Closes $7.5M in Series A Funding - San Jose, CA - Deep-tech startup specializing in AI-powered machine translation technology, closed a $7.5M Series A funding round.
  10. Kolena Raises $15M in Series A Funding - San Francisco, CA - AI and machine learning model testing company, secured $15M in Series A funding.
  11. Erudit Raises $10M in Series A Funding - San Francisco, CA - AI company aiding leaders in enhancing culture and productivity, secured $10M in Series A funding.
  12. Iluma AI Receives Funding from Techstars - San Francisco, CA - Provider of an AI copilot for C-level executives and team leads, received an investment from pre-seed and early-stage venture capital firm, Techstars.
  13. Genus AI Raises $11M in Total Seed Funding - Nashville, TN - Provider of a generative AI platform for D2C and e-commerce brands, secured $6M in Seed extension funding.

Canada:  🇨🇦

  1. GeologicAI Raises $10M in Additional Funding - Calgary, Canada - Company specializing in digital rock analysis, secured $10M in additional funding.
  2. Secoda Raises $14M in Series A Funding - Toronto, Canada - Provider of an AI-powered data search and cataloging platform, secured $14M in Series A funding.

EMEA: 🌍

  1. Continuum Industries Secures $10M in Series A Funding
    Edinburgh, UK - AI energy transition company focused on renewable energy solutions, secured $10M in Series A funding.

APAC:

  1. Neara Raises a $10M Extension; Closes $24M Series B
    Sydney, Australia - Provider of an AI-driven infrastructure modeling platform for creating 3D, network-wide, engineering-grade simulations and analytics, secured $10M in Series B extension.

Other Reads:

Generative AI for Dummies
Are you a non technical person looking to understand the basics Generative Ai? You’re in the right place!
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