AI Funding News: Week Ending 2.16

Curious about the funding this week? We got you!

AI Funding News: Week Ending 2.16

Curious about the funding this week? We got you!

North America:

  1. Flower Raises $20M in Series A Funding - San Francisco, CA - Flower Labs, providing an open-source framework for federated and decentralized AI, raised $20M in Series A funding.
  2. Rogo Raises $7M in Seed Funding - New York, NY - Rogo, a generative AI company for financial institutions, raised $7M in Seed funding.
  3. Armilla AI Raises $4.5M in Seed Funding - Toronto, Canada - Armilla AI, offering an AI-powered assurance platform, raised $4.5M in Seed funding.
  4. Rasa Raises $30M In Series C Funding - San Francisco, CA - Rasa, a generative conversational AI platform provider, closed its $30M Series C funding round.
  5. Sibli Closes $4.5M Seed Funding Round - Toronto, Canada - Sibli (formerly Responsibi), an AI-powered investment research company, raised $4.5M in Seed funding.
  6. Document Crunch Raises $9M in Series A Funding - Atlanta, GA - Document Crunch, an AI-powered contract platform provider, raised $9M in Series A funding.
  7. Quilter Raises $10M in Series A Funding - Los Angeles, CA - Quilter, building generative circuit board design software, raised $10m in Series A funding.
  8. AIX Ventures Closes Second Fund, at $202M - San Francisco, CA - AIX Ventures, an AI-focused venture capital firm, closed its second fund at $202M.
  9. Reken Closes $10M Seed Funding - San Francisco, CA - Reken, an AI and cybersecurity company, raised $10M in Seed funding.

EMEA

  1. Clarity Raises $16M in Seed Funding - Tel Aviv, Israel - Clarity, an AI cybersecurity startup, raised $16M in Seed funding.
  2. Zylon Raises $3.2M in Seed Funding - Madrid, Spain - Zylon, a GenAI application for every workplace not requiring tech or prompt engineering skills to be used, raised $3.2M in Seed funding.
  3. Tortus Raises £3.3M in Seed Funding - London, UK - Tortus, a generative AI startup building an assistant for doctors, raised £3.3M in Seed funding.
  4. Greyparrot Raises $12.8M in Funding - London, UK - Greyparrot, an AI waste analytics startup, raised $12.8M in funding.

APAC:

  1. MediConCen Raises USD 6.85M in Series A Funding - Hong Kong - MediConCen, an insurtech company that automates insurance claims using AI and blockchain, raised USD 6.85M in Series A funding.

Acquisitions:

  1. Signal AI Acquires Social 360 - London, UK / New York, NY - Signal AI, specializing in reputation and risk intelligence, acquired Social 360, a reputation intelligence monitoring company.
  2. Ascent Technologies Acquires Waymark - Chicago, IL / Northwich, UK - Ascent Technologies, offering AI-enabled compliance automation solutions, acquired Waymark, a provider of compliance management solutions.
  3. Zendesk Completes Acquisition of Klaus - San Francisco, CA / Tallinn, Estonia - Zendesk, a SaaS provider, completed the acquisition of Klaus, an AI-powered quality management platform provider.
  4. Armis Acquires CTCI - San Francisco, CA / Beaverton, OR - Armis, an asset intelligence cybersecurity company, acquired CTCI, specializing in AI-powered pre-attack threat hunting technology.

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