AI Funding News: Week Ending 5.31

We're diving head-first into a treasure trove of exciting developments from the bustling world of AI startups. Whether you're an investor on the hunt for the next big thing, a tech aficionado keen on the cutting-edge, or just here to see numbers that sometimes seem to come straight out of a sci-fi novel, you've found your happy place!

In North America, we saw mammoth moves with CoreWeave scooping up a cool $1.1 billion, while on the quaint streets of Cambridge, UK, ExpressionEdits bagged $13M to optimize protein expressions. Down under in APAC, HoneyNaps is ensuring we all get a better night's sleep with an impressive $11.6M round.

So, grab your coffee (or something stronger; we don't judge!) and get ready to explore these AI innovators who are not just riding the wave of technology—they're making the waves!

Let's dive into the details! 🌊🤖

North America:

Valar Labs Raises $22M in Series A Funding
Palo Alto, CA - Valar Labs, a developer of computational histology AI (CHAI) tests for predicting response to cancer therapies, raised $22M in Series A funding.

Kintsugi Raises $6M in Series A Funding
San Francisco, CA - Kintsugi, a provider of a tax automation platform, raised $6M in Series A funding at a $40M valuation.

Weave Bio Raises $10M in Funding
New Haven, CT - Weave Bio, a provider of an AI-native life sciences platform, raised $10M.

Plenful Raises $17M in Series A Funding
San Francisco, CA - Plenful, a provider of an AI workflow automation platform streamlining pharmacy and healthcare operations, raised $17M in Series A funding.

CoreWeave Raises $1.1 Billion in Series C Funding
Roseland, NJ - CoreWeave, a provider of customized solutions developing cloud infrastructure for AI workloads, raised $1.1 Billion.

Zendata Raises $2M in Seed Funding
San Francisco, CA - Zendata, a provider of AI governance and data privacy solutions, raised $2M in Seed funding.

Maven AGI Raises $20M in Series A Funding
Boston, MA - Maven AGI, an AI customer support startup, raised $20M in Series A funding.

Ducky Raises $2.7M in Pre-Seed Funding
Nashville, TN - Ducky, a provider of an AI-powered support platform, raised $2.7M in Pre-Seed funding.

Sagetap Raises $6.8M in Funding
San Francisco, CA - Sagetap, an AI-driven marketplace matching SaaS buyers and sellers, raised $6.8M.

Rain AI Raises $8.1M in Series A Extension
San Francisco, CA - Rain AI, an AI chip startup, raised $8.1M in Series A Extension funding.

EMEA:

Exactly.ai Raises $4.3M in Seed Funding
Exactly.ai, a provider of AI-powered solutions, raised $4.3M in Seed funding.

ExpressionEdits Raises $13M in Seed Funding
Cambridge, UK - ExpressionEdits, a biotechnology company optimizing protein expression using AI and proprietary intronization technology, raised $13M in Seed funding.

GaiaNet Secures $10M in Seed Funding
San Francisco, CA - GaiaNet, advancing an AI infrastructure project that aims to decentralize current AI agent software, raised $10M in Seed funding.

Product Fruits Raises Additional $1.6M in Equity Funding
Prague, Czech Republic - Product Fruits, a provider of an AI-driven digital adoption platform (DAP), raised an additional $1.6M in Equity funding.

DataHow Raises Series A Funding
Zurich, Switzerland - DataHow, a provider of AI-powered solutions for bioprocess development and manufacturing, raised an undisclosed amount in Series A funding.

APAC:

HoneyNaps Raises $11.6M in Series B Funding
Seoul, South Korea - HoneyNaps, a company specializing in artificial intelligence (AI) sleep data analysis, raised $11.6M in Series B funding.

Bootloader Studio Raises $5M in Seed Funding
Singapore - Bootloader Studio, an affective AI and spatial computing startup, raised $5M in Seed funding.