Welcome to this week's roundup of funding announcements, acquisitions, and new funds in the AI sector. Among the highest, Causaly led the pack with a whopping $60M Series B funding for their AI biomedical research platform.
Additionally, we saw the launch of two new funds, Modi Ventures with a $32M Tech+Bio fund, and Good Capital launching a $50m fund to back AI startups in India.
Deep dive below:
This week's sponsor:
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Nomic Ai Raised $17M in Seed Round Funding
New York, NY - Nomic AI is an Open-source AI model.
Simbe Raises $28M in Series B Funding
San Francisco, CA - AI and robotics to automate processes for retailers. 🤖
Pano AI Raises $17M
San Francisco, CA - AI managed solution for active wildfire detection.
Giza Raises $3M in Pre-Seed Funding
New York,NY - AI platform for smart contracts and web3 protocols.
Gamercraft Raises $5M in Seed Round Funding
Miami, FL - Skill-based competitive gaming platform, combining web3 and Ai.
Revolear Raises $6M in Seed Round Funding
San Francisco, CA - AI platform for companies to structure, propose, negotiate and approve complex deals.
Prolific Raised £25m in Series A Funding
London, UK - Platform that matches AI developers with engaged and verified people for data insights.
Causaly Raises $60M in Series B Funding
London, UK / Athens, Greece - AI platform for biomedical research ⚕️
Hive Power Raises USD600K in Funding
Manno, Switzerland - AI powered energy and mobility startup
AiM Future Closes Series A Funding
a Seoul, South Korea - AiM is focused on the development of neural network hardware acceleraton IP and compiler software.
Some other reads from the week:
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