Artificial Intelligence

Gentrace: $8 Million (Series A) Secured By GenAI Testing And Monitoring Company

By Amit Chowdhry ● Today at 10:28 PM

Gentrace - a developer platform for testing and monitoring generative AI applications - announced an $8 million Series A funding round led by Matrix Partners, with participation from Headline and K9 Ventures. The funding round, bringing Gentrace's total funding to $14 million, comes as the company launches its groundbreaking tool, Experiments, enabling the first truly collaborative LLM product testing environment that extends beyond engineering teams.

EvenFlow AI: $1.5 Million (Seed) Raised For Transforming Automotive Service Lane Capacity

By Amit Chowdhry ● Yesterday at 4:01 PM

EvenFlow AI - a leader in AI-based capacity and revenue optimization solutions for automotive dealership service departments - announced the closing of a $1.5 million seed round led by Automotive Ventures and FM Capital. This funding round will advance the company's mission to revolutionize service lane capacity management and revenue growth for automotive dealerships across North America.

HubSpot To Buy AI-Based Conversation Intelligence Platform Frame AI

By Amit Chowdhry ● Yesterday at 3:55 PM

HubSpot has agreed to buy Frame AI, an AI-based conversation intelligence platform. Frame AI’s technology transforms unstructured data, such as emails, calls, meetings, and conversations, into real-time insights and actionable recommendations, enabling businesses to anticipate customer needs and deliver exceptional experiences.

Element451: AI-Based Student Engagement Platform Company Raises $175 Million

By Amit Chowdhry ● Yesterday at 3:53 PM

Element451, a leading AI-based student engagement platform transforming higher education recruitment and retention, announced a strategic investment from PSG. The funding aims to position the company to meet the growing demand for AI-based student engagement solutions in higher education and other learning-based settings.

System Two Security: $7 Million Raised To Bring A New Level Of AI To Detection Teams

By Amit Chowdhry ● Yesterday at 8:16 AM

System Two Security - a cybersecurity startup built on an AI agent foundation that advances Detection Engineering - announced it raised $7 million in funding led by Costanoa Ventures, with participation from security-focused investor Runtime Ventures and The Hive and Webb Investment Network. The round was also joined by individual investors, including technology veterans Scott McNealy (former CEO of Sun Microsystems), Frederic Kerrest (co-founder of Okta), Ash Devata (CEO of GreyNoise), and others. System Two aims to help security teams deal with advances in attack sophistication and frequency due to attackers adopting GenAI.

AI Studios: Interview With Founder & CEO Eric Seyoung Jang About The Realistic AI Avatar Company

By Amit Chowdhry ● Yesterday at 8:15 AM

AI Studios is a leading company in artificial intelligence, providing innovative solutions that enhance human interaction and media content creation. Pulse 2.0 interviewed AI Studios founder and CEO Eric Seyoung Jang to learn more about the company.

Voicing.AI: Strategic Investment From LTIMindtree

By Amit Chowdhry ● Dec 8, 2024

LTIMindtree USA - a wholly owned subsidiary of LTIMindtree, a global technology consulting and digital solutions company - announced a partnership, including a strategic investment in next-generation startup Voicing.AI.

Sightglass: AI-Based Investor Relations Platform Company Raises $3 Million (Seed)

By Amit Chowdhry ● Dec 8, 2024

Sightglass, a new AI-based investor relations platform for the private markets, announced that it had raised a $3 million seed funding round led by Base10 Partners.

Pixeltable: AI Data Infrastructure Company Raises $5.5 Million (Seed)

By Amit Chowdhry ● Dec 8, 2024

Pixeltable announced the launch of its open-source AI data infrastructure, backed by a $5.5 million seed round led by The General Partnership, with participation from Exceptional Capital, South Park Commons, Liquid 2, Serena Data ventures, and notable industry veterans like Michael Stoppelman (Angel Investor & Former SVP of Engineering at Yelp), Wes McKinney (Principal Architect, Posit), Bill Hsieh (Bridge Street Advisors), and Steven Mih (CEO Across AI, former CEO of Aviatrix, Alluxio, and Ahana).

AMP: AI-Based Waste Sortation Company Secures $91 Million (Series D)

By Amit Chowdhry ● Dec 8, 2024

AMP Robotics, a leading provider of AI-powered sortation at scale for the waste and recycling industry, announced it had raised $91 million in corporate equity in a Series D funding round led by Congruent Ventures. This funding round featured participation from current and new investors, including Sequoia Capital, XN, Blue Earth Capital, Liberty Mutual Investments, California State Teachers Retirement System (CalSTRS), Wellington Management, Range Ventures, and Tao Capital Partners.

Holoclara: Interview With Co-Founder & CEO Dr. Andrea Choe About The Worm-Derived Therapy Company

By Amit Chowdhry ● Dec 6, 2024

Holoclara has developed a unique discovery engine for identifying molecules derived from worm species to develop into safe, orally available therapeutics. Pulse 2.0 interviewed Holoclara co-founder and CEO Andrea Choe, MD, PhD, to learn more about the company.

HappyRobot: AI-Based Voice Solutions Company Raises $15.6 Million (Series A)

By Amit Chowdhry ● Dec 6, 2024

HappyRobot, a pioneer in AI-based voice solutions for the logistics sector, announced it has secured $15.6 million in Series A funding. The funding round was led by Andreessen Horowitz (a16z), with participation from Y Combinator and strategic industry investors, including RyderVentures.

Across AI: Agentic AI Company Secures Seed Funding

By Amit Chowdhry ● Dec 6, 2024

Across AI, a new company pioneering Agentic AI for enterprise workflows, announced it has raised an oversubscribed seed round to bring to market the industry's first enterprise sales AI supported by next-generation agentic memory. The funding was co-led by Village Global (a venture firm backed by some of the most successful entrepreneurs, including Mark Zuckerberg and Eric Schmidt, and chaired by Reid Hoffman) and also co-led by early Dropbox investor Bobby Yazdani at Cota Capital.

Cake: Open-Source AI Infrastructure Platform Company Raises $13 Million (Seed)

By Amit Chowdhry ● Dec 5, 2024

Cake, a managed open-source AI infrastructure platform, announced it has raised $13 million to bring AI to the mid-market. And the recent seed round was led by Gradient (Google’s early-stage AI fund) with prior pre-seed funding and participation from Primary Venture Partners. Gradient and Primary were joined in the round by Alumni Ventures, Friends & Family Capital, Correlation Ventures, Firestreak Ventures, and many industry-veteran individual investors.

Cresta: Contact Center AI Platform Company Raises $125 Million (Series D)

By Amit Chowdhry ● Dec 5, 2024

Cresta - an end-to-end generative AI platform for contact centers - announced the closing of its $125 million Series D financing round. This funding round was led by new investors WiL (World Innovation Lab) and QIA, with participation from Accenture, EnvisionX, LG Technology Ventures, Qualcomm, and Workday Ventures. The round also includes returning investors Andreessen Horowitz, Greylock Partners, J.P. Morgan, Sequoia Capital, and Tiger Global. This funding brings the total to over $270 million.

Fresho: AI-Based Ordering Platform Company Raises $17 Million (Series B)

By Amit Chowdhry ● Dec 5, 2024

Fresho - a market-leading order management platform that helps fresh food wholesalers operate more efficiently and better service their restaurant customers - announced the closing of its $17 million Series B funding round, bringing total investment to $50 million to date.

Thoughtful AI: Interview With Co-Founder & CEO Alex Zekoff About The Healthcare Automation Company

By Amit Chowdhry ● Dec 5, 2024

Thoughtful AI is a company that is pioneering a new approach to automation for all healthcare providers. Pulse 2.0 interviewed Thoughtful AI co-founder and CEO Alex Zekoff to learn more about the company.

Enterpret: AI-Based Customer Feedback Intelligence Company Raises $20.8 Million (Series A)

By Amit Chowdhry ● Dec 5, 2024

Enterpret, an AI-enabled customer feedback intelligence platform for product development and CX teams, announced that it raised $20.8 million in Series A funding. The fundinground was led by Canaan Partners, with participation from Kleiner Perkins, Peak XV Partners (fka Sequoia Capital India), Wing Ventures, and Recall Capital, as well as angel investors including Lauryn Motamedi (Head of Product Growth at Notion), Elena Verna (VP of Growth and Data at Dropbox), Nan Yu (Head of Product at Linear), and Andrew Berman (Director of AI at Zapier) and others.

Dot Ai: Interview With Ed Nabrotzky And The Future of Asset Intelligence

By Amit Chowdhry ● Dec 5, 2024

Dot Ai is a trailblazing SaaS service that is transforming the paradigms of asset intelligence, assurance, and safety. Pulse 2.0 interviewed Dot Ai CEO Ed Nabrotzky to learn more about the company.

Meta To Invest $10 Billion For New AI Data Center In Louisiana

By Amit Chowdhry ● Dec 4, 2024

Meta and the Louisiana Economic Development (LED) announced a $10 billion artificial intelligence data center in northeast Louisiana. This investment solidifies the state's status as a central innovation hub and leader in the global digital revolution. The four million-square-foot data center, to be based in Richland Parish, will be Meta's largest in the world. Construction on the facility is expected to continue through 2030.

Tuskira: Threat Defense Platform Company Raises $28.5 Million

By Amit Chowdhry ● Dec 4, 2024

Tuskira - a threat defense platform utilizing an AI-powered security mesh - announced it has launched out of stealth mode with $28.5 million in funding. The funding round was led by Intel Capital and SYN Ventures, with participation from Sorenson Capital, Rain Capital, Wipro Ventures, and other key industry leaders.