AI Funding News: Week Ending 3.22
Welcome to this week's round-up of ai investing.
Welcome to this week's round-up of ai investing. We got startups across the globe, securing bags of cash to push the boundaries of technology.
Let's dive in:
USA:
Rithmik Solutions Raises $2M in Funding
- Montreal, Canada - Rithmik Solutions, specializing in AI-powered analytics for mobile equipment optimization in the mining industry, raised $2M in funding.
Packback Receives Investment from PSG Equity
- Chicago, IL - Packback, an AI-enabled writing and discussion platform provider, received an investment from PSG Equity.
Foundry Raises $80M in Seed and Series A Funding
- Palo Alto, CA - Foundry, a provider of a public cloud for AI/ML workloads, raised $80M in Seed and Series A funding.
Profluent Raises $35M in Additional Funding
- Berkeley, CA - Profluent, an AI-first protein design company, raised $35M in funding.
Cleric Raises $4.3M in Seed Funding
- San Francisco, CA - Cleric, a provider of AI-led solutions for automating infrastructure management, raised $4.3M in Seed funding.
Borderless AI Raises $27M in Seed Funding
- Toronto, Canada - Borderless AI, an AI-powered startup for the Employer of Record (EOR) space, raised $27M in Seed funding.
Holistic AI Receives Investment from Mozilla Ventures
- Palo Alto, CA - Holistic AI, a provider of an AI governance platform, received an investment from Mozilla Ventures.
NovaData Solutions Raises Series A Funding
- Haverford, PA - NovaData Solutions, a provider of AI-driven software for property restoration invoice analysis, raised an undisclosed amount in Series A funding.
Monaire Raises $3.5M in Seed Funding
- Boston, MA - Monaire, using AI to curb waste and emissions from small commercial buildings, raised $3.5M in Seed funding.
Quilt Raises $2.5M in Seed Funding
- San Francisco, CA - Quilt, a developer of AI assistants for solutions teams, raised $2.5M in Seed funding.
Sprih Raises $3M in Seed Funding
- Philadelphia, PA - Sprih, a provider of an advanced AI technology platform to simplify sustainability journeys for companies, raised $3M in Seed funding.
Buzz Solutions Raises $5M in Funding
- Palo Alto, CA - Buzz Solutions, an AI company inspecting and protecting critical energy infrastructure, raised $5M in funding.
Hippocratic AI Raises $53M Series A Funding at $500M Valuation
- Palo Alto, CA - Hippocratic AI, building a safety-focused Large Language Model (LLM) for healthcare, closed a $53M Series A funding round at a $500M valuation.
Lumino Raises $2.8M in Pre-Seed Funding
- San Francisco, CA - Lumino, an AI infrastructure startup, raised $2.8M in Pre-Seed funding.
BigID Raises $60M in Growth Funding
- New York, NY - BigID, an AI-augmented data security company, raised $60M in Growth funding.
Carlsmed Raises $52.5M in Series C Funding
- Carlsbad, CA - Carlsmed, an AI-enabled personalized surgery medtech company, raised $52.5M in Series C funding.
OpenMeter Raises $3M in Seed Funding
- San Francisco, CA - OpenMeter, a provider of a data source platform for AI monetization, raised $3M in Seed funding.
EMEA:
NeuReality Raises $20M in Funding
- Tel Aviv, Israel - NeuReality, an AI Inference and data center infrastructure company, raised $20M in funding.
Orq.ai Closes €2.3M Pre-Seed Funding Round
- Amsterdam, The Netherlands - Orq.ai, a provider of a platform for enterprises to build Generative AI applications, raised additional €2.3M in Pre-Seed funding.
APAC:
QuantexAI Secures $1M Pre-Seed Funding
- Singapore - QuantexAI, a generative AI and data science startup, raised $1M in Pre-Seed funding.
Acquisition:
- San Francisco, CA - Sensor Tower, a provider of data on the digital economy, acquired market intelligence platform data.ai for an undisclosed amount.
Stay tuned for what we'll see next week!
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