AI Funding News: Week Ending 5.17

Hey there, AI enthusiasts! This week's newsletter is brimming with exciting updates from the AI investment world, showcasing how innovative solutions are fueling industries across North America and EMEA.

Whether enhancing e-commerce with sizing tech or revolutionizing workforce management, these companies are not just chasing the future but creating it.

Buckle up, and let's explore these trailblazing ventures in AI!

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North America:

Kudos Raises $10.2M in Series A Funding
Los Angeles, CA - Kudos, a provider of an AI-powered smart wallet service that automatically optimizes consumer rewards and benefits on purchases, raised $10.2M in Series A funding.

Angel AI Raises $4.75M in Seed Funding
Nashville, TN - Angel AI, a provider of a parent-designed AI platform that offers an age-appropriate internet experience for children aged 5 to 12 years old, raised $4.75M in Seed funding.

Voxel51 Raises $30M in Series B Funding
Ann Arbor, MI - Voxel51, a company specializing in visual AI, raised $30M in Series B funding.

Gamma Raises $12M in Series A Funding
San Francisco, CA - Gamma, a provider of an AI-powered presentation platform, raised $12M in Series A funding.

Laws of Motion Raises $5M in Seed Funding
New York, NY - Laws of Motion, a provider of AI sizing technology for eCommerce brands and retailers, raised $5M in Seed funding.

Firmus Raises Financing Round
Miami, FL - Firmus, a company specializing in preconstruction AI design review and risk analysis, raised an undisclosed amount in funding.

Weka Raises $140M in Series E Funding at $1.6B Valuation
Campbell, CA - Weka, an AI-native data platform company, raised $140M in Series E funding, at a $1.6B valuation.

Aerial Raises $2M Pre-Seed Funding
Seattle, WA - Aerial, a provider of an AI-empowered unstructured business data platform, raised $2M in Pre-Seed funding.

Nabla Bio Secures $26M Series A Funding
Cambridge, MA - Nabla Bio, a company developing AI and wet-lab technologies, raised $26M in Series A funding.

Sona Raises $27.5M in Series A Funding
London, UK - Sona, an intelligent workforce management platform for frontline enterprises, raised $27.5M in Series A funding, led by Felicis with participation from several investors.

Highperformr Raises $3.5M in Seed Funding
Wilmington, DE - Highperformr, a GenAI startup providing a Social AI platform, raised $3.5M in Seed funding.

Crosby Health Raises $2.2M in Pre-Seed Funding
New York, NY - Crosby Health, a healthtech company providing proprietary AI to automate administrative tasks, raised $2.2M in Pre-Seed funding.

Steno Closes $46M in Funding
Los Angeles, CA - Steno, a tech-enabled provider of legal support and court reporting services powered by AI, raised $46M in additional funding.

SmarterDx Raises $50M in Series B Funding
New York, NY - SmarterDx, a company specializing in clinical AI for revenue integrity and care quality, raised $50M in Series B funding.

ChainML Receives Investment From HTX Ventures
Silicon Valley, CA - ChainML, an AI and ML development and research lab that launched its Agentic Base Layer, Theoriq, raised $6.2M in seed extension funding.

Ndustrial Raises $18.5M Series B First Close
Raleigh, NC - Ndustrial, a provider of an AI-powered energy intensity platform for industry, raised $18.5M in Series B funding.

Artisan AI Closes $7.3M Seed Funding Round
San Francisco, CA - Artisan AI, a startup building AI employees and software for enterprise companies, raised $7.3M in Seed funding.

EMEA:

Numra Raises €1.5M in Funding
Dublin, Ireland - Numra, previously known as Autonifai, an AI startup providing finance assistant services, raised €1.5M in funding.

PolyAI Closes $50M Series C Funding
London, UK - PolyAI, a provider of enterprise voice assistants, raised $50M in Series C funding.

enspired Raises €25.5M in Series B Funding
Vienna, Austria - enspired, an AI-based power trading company, secured €25.5M in Series B funding.

Malted AI Closes £6M Seed Funding
Edinburgh, Scotland, UK - Malted AI, an AI firm helping enterprises to build AI models, raised £6M in Seed funding.

Grasp Raises $1.9M in Funding
Stockholm, Sweden - Grasp, an AI assistant for investment banks and management consultants, raised $1.9M in funding.

hexafarms Raises €1.3M in Pre-Seed Funding
Berlin, Germany - hexafarms, an agtech company leveraging AI to optimize greenhouses, raised €1.3M in Pre-Seed funding.

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