AI Funding News: Week Ending 9.8
Welcome to the latest edition of our weekly roundup, where we dig deep into the world of AI startups, their funding milestones, and acquisitions.
Welcome to the latest edition of our weekly roundup, where we dig deep into the world of AI startups, their funding milestones, and acquisitions.
This week has seen a wave of momentum in the AI landscape across North America and the EMEA regions, with startups amassing significant investments to propel their innovations further.
From AI reading coaches to high-powered transaction monitoring solutions and game personalization, as well as AI chip startup d-Matrix raising $110 million with backing from Microsoft.
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USA: πΊπΈ
- Ello Raises $15M in Series A Funding - San Francisco, CA - An AI reading coach developer, bagged USD15M in Series A funding.
- Mindtrip Raises $7M in Seed Funding - San Francisco, CA - A Generative AI-native venture innovating in trip planning and booking, has raised $7M in seed funding.
- Younite-AI Receives Private Equity Investment From Bocap - NYC, Helsinki, and Oulu, Finland - An AI and XR software solutions provider received a private equity investment from Bocap.
- Clara Analytics Raises $24M in Series C Funding - Santa Clara, CA - This company, providing AI technology for optimizing insurance claims, secured $24M in Series C funding.
- Testaify Raises $650K in Funding - Miami, FL - An AI-driven software testing platform provider, secured $650K in funding.
- Streamforge Raises $1.2M in Seed Funding - Montreal, Canada - Specializing in influencer marketing for brands and video game publishers using AI, this firm raised USD$1.2M in Seed funding.
- Noetik Raises $14M in Seed Funding - San Francisco, CA - A forward-looking AI drug discovery company secured $14M in Seed funding.
- d-Matrix Raises $110M in Series B Funding - Santa Clara, CA - Specializing in generative AI compute for data centers, d-Matrix secured a whopping $110M in its Series B round.
- Harmonya Raises $20M in Series A Funding - New York, NY - An AI-driven software enterprise focused on CPG and retail, raised $20M in a Series A funding.
- ThetaRay Raises $57M in Funding - Hod Hasharon, Israel - A provider of an AI-powered transaction monitoring solution, this company secured $57M in funds.
- Atomicwork Raises $11M in Seed Funding - San Francisco, CA - This enterprise, which provides an AI-powered platform for employee support, raised $11M in Seed funding.
- Miri Raises USD1.2M in Pre-Seed Funding - San Francisco, CA - An AI health and wellness platform provider, Miri bagged USD1.2M in its Pre-Seed funding round.
EMEA: π
- Ibex Medical Analytics Raises $55 Million in Series C Funding - Tel Aviv, Israel - Advancing AI-powered cancer diagnostics with a Series C funding of $55M.
- Enzai Raises USD 4M in Seed Funding - Belfast, Ireland - A startup that offers AI governance software, secured USD4M in Seed funding.
- Idoven Announces New Funding Round - Madrid, Spain - An AI cardiology-as-a-service platform provider, raised an undisclosed amount in its recent funding.
- Martian Lawyers Club Raises $2.2M in Pre-Seed Funding - Bristol, UK - A generative AI-powered game personalization startup secured $2.2m in pre-seed funding.
Acquisitions π€
- San Francisco, CA - Provider of a platform that aids security teams in automating the security review process, has acquired Stacksi, another San Francisco-based venture which provides an AI-powered security questionnaire automation platform.
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