AI Funding News: Week Ending 4.12

Welcome to this week's round of funding across AI and robotics companies

AI Funding News: Week Ending 4.12

Welcome to this week's round of funding across AI and robotics companies:

North America:

Andesite AI Launches With $15.25M in Initial Funding - McLean, VA - Andesite AI, dedicated to delivering technology to overburdened cybersecurity teams, emerged from stealth with $15.25M in initial funding.

Spresso Raises Initial Series A Funding - NYC, NY - Spresso, a provider of AI-powered solutions for ecommerce businesses, raised an initial Series A funding.

Mode Raises $8.75M in Series B Funding - San Mateo, CA - Mode, specializing in solutions that advance digital transformation at factories and construction sites through IoT and generative AI, raised $8.75M in Series B funding.

Pete Raises $2M in Seed Funding - Orlando, FL - Pete, an AI EdTech startup, raised $2M in Seed funding.

Procurement Sciences AI Raises $10M in Series A Funding - Washington, DC - Procurement Sciences AI, a provider of a bidding-intelligence platform for government contractors, raised $10M in Series A funding.

Leash Biosciences Raises $9.3M in Seed Financing - Salt Lake City, UT - Leash Biosciences, an AI/ML-native biotechnology company, raised $9.3M in Seed funding.

Prem Labs Raises $14M in Seed Funding - Prem Labs, an applied research lab focused on enhancing and advancing open-source AI technologies, raised $14M in Seed funding.

Knostic Raises $3.3M in Pre-Seed Funding - Reston, VA / Tel Aviv, Israel - Knostic, a provider of need-to-know access controls for Generative AI, raised $3.3M in Pre-Seed funding.

Cohesity Receives Investment From IBM - San Jose, CA - Cohesity, an AI-powered data security and management company, received an investment from IBM.

Scavenger AI Raises €1.1M in Pre-Seed Funding - Frankfurt, Germany - Scavenger AI, a data analytics and AI startup, raised €1.1M in Pre-Seed funding.

Patlytics Raises $4.5M in Seed Funding - San Francisco, CA - Patlytics, a provider of an AI-powered patent workflow platform, raised $4.5M in Seed funding.

Udio Raises $10M in Seed Funding - NYC, NY - Udio, a company that leverages AI to easily create extraordinary and original music, raised $10M in Seed funding.

Simbian Raises $10M in Seed Funding - Mountain View, CA - Simbian, providing AI solutions into business operations across diverse IT environments, raised $10M in Seed funding.

DeepCure Closes $24M Series A-1 Funding - Boston, MA - DeepCure, developing novel, small molecule therapeutics powered by AI and automation of chemistry, raised $24M in Series A-1 funding.

Sortium Raises Over $4M Funding Round - Miami, FL - Sortium, a company combining generative AI with gaming, raised over $4M in funding.

Spines Raises $6.5M in Seed Funding - Miami, FL - Spines, an AI publishing platform, raised $6.5M in Seed funding.

Oden Technologies Raises $28.5M in Series B Funding - NYC, NY - Oden Technologies, a data and AI software company servicing the manufacturing industry, raised $28.5M in Series B funding.


Ayora Raises £1.27M in Pre-Seed Funding - London, UK - Ayora, a provider of an AI revenue management platform for professional services, raised £1.27M in Pre-Seed funding.

Lexverify Raises £900K in Seed Funding - Birmingham, UK - Lexverify, a provider of an AI-powered risk management assistant, raised £900K in Seed funding.

Stanhope AI Raises £2.3M in Seed Funding - London, UK - Stanhope AI, a company applying neuroscience research to teach machines how to make human-like decisions in the real world, raised £2.3M in Seed funding.

North AI Raises £580K in Pre-Seed Funding - Manchester, UK - North AI, an AI-powered insights platform for the media and entertainment industry, raised £580K in Pre-Seed funding.

PVML Raises $8M in Seed Funding - Tel Aviv, Israel - PVML, a provider of a platform for secure AI-powered data access, raised $8M in Seed funding.

Reshape Raises $20M in Series A Funding - Copenhagen, Denmark - Reshape, an AI and robotics-powered imaging and analysis platform provider, raised $20M in Series A funding.


iKala Raises Over $20M in Series B+ Funding - Taipei, Taiwan - iKala, an AI-driven cloud services and marketing technology company, raised over $20M in Series B+ funding.

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