AI Funding News: Week Ending 01.05

It's the first week of the fiscal year/quarter and these are the AI companies that secured funding this past week.

AI Funding News: Week Ending 01.05
AI Funding News Week Ending 01.05

Welcome to the first week of Q1 2024 and Feed the Ai is back!

I have some bigger plans for the site in the future, including a built out directory, in depth analysis of investments, etc.

As of now I'll stick to posting where the money is flowing in AI.

If you missed it here's our recap of the largest investments in 2023 Q4:

Largest AI Funding in Q4: Insights and Analysis
For this post we picked all funding over $100M in Q4 (Oct-Dec):

This week, despite a generally quiet investment climate, several AI-driven companies have broken through:

USA:

  1. Hatz AI Raises $2.5M in Funding
    New York, NY - Hatz AI, offering a platform for MSPs to deliver AI solutions to customers, secures $2.5M in funding to enhance their service offerings.
  2. Nabla Raises $24M in Series B
    Boston, MA - Nabla, innovators of an ambient AI assistant for healthcare practitioners, has successfully raised $24M in Series B funding to advance their technology.
  3. Perplexity Raises $73.6M in Series B Funding
    San Francisco, CA - Perplexity, a conversational AI search startup, has garnered a substantial $73.6M in Series B funding to expand its AI-native search capabilities.
  4. Intrinsic Raises $3.1M in Seed Funding
    San Francisco, CA - Intrinsic, developing AI systems for Trust & Safety teams, raised $3.1M in seed funding to bolster their operations against online abuse.

EMEA:

  1. Robin AI Raises $26M in Series B Funding
    London, UK - Robin AI, a provider of an AI-powered legal copilot, secures $26M in Series B funding to further revolutionize legal technology.

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