AI Funding News: Week Ending 3.22

Welcome to this week's round-up of ai investing.

AI Funding News: Week Ending 3.22

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:

Sensor Tower Acquires data.ai

  • 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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