Artificial Intelligence

Monocle: AI-Powered Promotion Company Raises $7.5 Million

By Amit Chowdhry ● May 2, 2024

AI-powered platform Monocle announced today that it is emerging from stealth mode to help consumer brands easily deploy and personalize promotions to turn spending into profit. A $7.5 million seed round led by F2 Venture Capital supports the platform's launch. And this funding round includes investments from Tiferes Ventures and irrvrntVC and founders at Instacart, Everlane, Melio, and Chubbies.

Deduce: Preventing AI-Created Synthetic Identities From Committing Fraud And Passing Identity Verification

By Amit Chowdhry ● May 1, 2024

Deduce is a company that mitigates SuperSynthetic identities, which are AI-generated identities that can pass automated fraud controls, manual reviews, and other identity verification. Pulse 2.0 interviewed Deduce Vice President of Marketing Andy Sheldon to learn more about the company.

Amplifier Security: $3.3 Million Raised To Enable Security Teams To Modernize Practices

By Amit Chowdhry ● May 1, 2024

Amplifier Security announced it emerged from stealth to bridge the divide between the workforce and security with AI copilot and human-in-the-loop automation. The company also raised $3.3 million to address the last-mile security challenge with a self-healing approach that transforms how employees interact with corporate security tools. Cota Capital led this pre-seed funding round with participation from WestWave Capital and Shift Left Ventures. It also included angel investments from renowned entrepreneurs and executives.

Dropzone AI: $16.85 Million Raised To Help SecOps Teams With Autonomous Investigations

By Amit Chowdhry ● Apr 30, 2024

Dropzone AI, a developer of AI security analysts for security operations teams, announced it has raised $16.85 million in Series A funding. Theory Ventures led the funding round, adding to the company's cohort of existing investors Decibel Partners, Pioneer Square Ventures, and In-Q-Tel (IQT). Carta CISO Garrett Held, Head of Security at Postman Joshua Scott, and Integreon President and Head of Cyber Solutions Anshu Gupta participated in the Series A round. Theory Ventures founder Tomasz Tunguz will also join the board in connection with the investment. Dropzone will use this new funding round to continue scaling its GTM motion and its engineering team.

Blaize: High-Performance Computing AI Processing Solutions Company Raises $106 Million

By Amit Chowdhry ● Apr 30, 2024

Blaize, an AI computing innovator transforming edge computing solutions, announced it has raised $106 million from existing investors, including Bess Ventures, Franklin Templeton, DENSO, Mercedes Benz, and Temasek and new investors Rizvi Traverse, Ava Investors and BurTech LP.

FlexAI: Universal AI Compute Company Raises €28.5 Million

By Amit Chowdhry ● Apr 30, 2024

FlexAI, a universal AI compute company, has launched with €28.5 million ($30 million) in seed funding led by Alpha Intelligence Capital (AIC), Elaia Partners, and Heartcore Capital. The additional investors include Bpifrance, Frst Capital, Motier Ventures, Partech, and InstaDeep CEO Karim Beguir.

Thomvest Ventures: An Interview With Managing Director Umesh Padval

By Amit Chowdhry ● Apr 30, 2024

Thomvest Ventures is a cross-stage venture capital fund based in Silicon Valley and Toronto. The firm is investing the capital of one individual Peter Thomson - whose family owns the majority of Thomson Reuters. Peter started Thomvest Ventures in 1996 and has invested in over 75 private companies since that time. Pulse 2.0 interviewed one of Thomvest’s managing directors Umesh Padval to learn more about the firm.

Lear Acquires WIP Industrial Automation To Enhance AI Capabilities

By Amit Chowdhry ● Apr 29, 2024

Lear Corporation, a global leader in auto technology in Seating and E-Systems, today announced that it has entered into a definitive agreement to buy WIP Industrial Automation, a privately held systems integrator based in Spain that specializes in advanced automation solutions for industrial applications.

Jump: Helping Wealth Managers Stay Compliant In A $1+ Billion Market

By Amit Chowdhry ● Apr 29, 2024

Jump is a company that uses AI to help wealth managers automatically take notes, stay compliant, and update their CRM. Pulse 2.0 interviewed Jump co-founder and chief operating officer (COO) Tim Chaves to learn more about the company.

SmarterDx: Providing A Lifeline For Health Systems Struggling To Remain Viable In A $2 Billion Market

By Amit Chowdhry ● Apr 29, 2024

SmarterDx is a clinical AI company that discovers, delivers, and drives better quality, revenue, and care. The company uses AI to understand each patient's journey, helping hospitals close their revenue integrity differential gap. Pulse 2.0 interviewed SmarterDx CEO and co-founder Michael Gao, MD, to learn more about the company.

Treefera: AI-Enabled Data Management Company Raises $12 Million

By Amit Chowdhry ● Apr 29, 2024

Treefera, an AI-enabled data management platform focused on bringing transparency and accuracy to nature-based asset reporting like carbon credits and supply chain sustainability, announced a $12 million Series A funding round led by AlbionVC. This funding round comes only seven months after the announcement of the company’s $2.2 million pre-seed funding round.

CARV: Gaming And AI Data Layer Company Closes $10 Million

By Amit Chowdhry ● Apr 29, 2024

CARV, a modular data layer for gaming and AI, announced a $10 million Series A funding round on the heels of its recent strategic funding round. With this new funding round from industry leaders, CARV will double down on building the most significant modular data layer for gaming and AI, maximizing data innovation.

Log10: $7.2 Million Closed To Help Developers Build LLM-Powered Applications

By Amit Chowdhry ● Apr 29, 2024

Log10, a company proven to help developers build and scale more accurate LLM-powered applications, announced it has raised $7.2 million in seed funding. The seed funding round was led by TQ Ventures and Quiet Capital with participation from Essence Venture Capital.