Artificial Intelligence

Crisp: $72 Million (Series B) Raised To Expand Into CPG And Retail Channels

By Amit Chowdhry ● Sep 26, 2024

Crisp announced it closed a $72 million Series B equity round, including $17 million from new strategic investors, including Wellington Management, Toshiba Corporation, DNX, Cox, and Prologis. This brings Crisp's total equity raised to $97 million since its founding.

Zartico: Using AI To Create Strategic Planning And Marketing Optimization Solutions In A $225+ Billion Market

By Amit Chowdhry ● Sep 26, 2024

Zartico is the maker of the first Destination Operating System and it harnesses and streamlines big data using science, AI, and technology to provide unprecedented visibility into the movement of people and economic opportunities. Pulse 2.0 interviewed Zartico CEO Sarah Lehman to learn more about the company.

Upend: Interview With Founder Jeevan Arora About The AI-Based Task Engine

By Amit Chowdhry ● Sep 26, 2024

Upend.ai is a new platform that pairs search with large language models to give you the best results possible and help you understand them. Pulse 2.0 interviewed Upend founder Jeevan Arora to learn more about the company.

Sware: Interview With CEO Ellen Reilly About The Digital Validation Company

By Amit Chowdhry ● Sep 25, 2024

Sware is a leading digital validation and process automation across the healthcare, life sciences, and medical device industries. Pulse 2.0 interviewed Sware CEO Ellen Reilly to learn more about the company.

Letta: UC Berkeley GenAI Spin Out Raises $10 Million (Seed)

By Amit Chowdhry ● Sep 24, 2024

Letta, a new GenAI startup spun out of UC Berkeley's AI research lab, has emerged from stealth with a $10 million seed round led by Felicis with participation from Sunflower Capital and Essence VC. And notable angels include Jeff Dean (Chief Scientist at Google DeepMind), Clem Delangue (CEO of HuggingFace), Cristobal Valenzuela (CEO of Runway), Jordan Tigani (CEO of MotherDuck), Tristan Handy (CEO of dbt Labs), Robert Nishihara (co-founder of Anyscale), and Barry McCardel (CEO of Hex).

HavocAI: End-To-End Maritime Autonomy Solutions Company Raises $11 Million

By Amit Chowdhry ● Sep 24, 2024

Trousdale Ventures and Scout Ventures have co-led a $11 million investment round in HavocAI, a developer of low-cost, collaborative, autonomous surface vessels. And HavocAI's fleet of uncrewed boats represents a game-changing solution, with capabilities delivered at incredibly low costs in an era where threats to global shipping and security intensify daily.

Jus Mundi: $22 Million (Series B) Raised And Jus AI Launched

By Amit Chowdhry ● Sep 24, 2024

Global legal AI company Jus Mund announced the launch of Jus AI, its research and productivity assistant for global legal professionals. The company has also secured €20 million (US $22 million) in Series B funding, one of the largest rounds of funding for a European legal tech company.

Datricks: AI-Based Compliance Platform Company Raises $15 Million (Series A)

By Amit Chowdhry ● Sep 24, 2024

Datricks, a pioneering financial integrity platform, announced $15 million in Series A funding led by Team8’s venture capital arm. And SAP, the global leader in enterprise resource planning (ERP) software, made a strategic investment in the round, along with participation from existing investor Jerusalem Venture Partners. This funding round follows Datricks' recent expansion of its commercial partnership with SAP, which included the launch of Datricks for Risk Mining as an SAP Endorsed App.

Hippocratic AI Receives Investment From NVIDIA’s Venture Arm Ventures

By Amit Chowdhry ● Sep 23, 2024

Hippocratic AI, a company building the first safety-focused Large Language Model (LLM) for healthcare, announced it has received an investment from NVentures, NVIDIA’s venture capital arm in its recently closed extended Series A round.

Fathom: AI-Based Meeting Intelligence Company Secures $17 Million (Series A)

By Amit Chowdhry ● Sep 23, 2024

Fathom, an AI-based meeting intelligence platform that enables teams to have more productive conversations, announced it raised $17 million in Series A funding led by Telescope Partners. Fathom’s seed investors include Maven Ventures, Character, Active Capital, and Rackhouse Ventures. The company also reserved 10% of the round for its users, who invested over $2 million via the crowdfunding platform Wefunder in two weeks.

NetNow: Trade Credit Automation Platform Company Raises $1.8 Million (Pre-Seed)

By Amit Chowdhry ● Sep 23, 2024

NetNow, a modern trade credit automation platform that automates wholesalers' and distributors' credit and collections processes, announced $1.8 million in pre-seed funding. Ripple Ventures led the funding round, including Centre Street Partners, Antler, Motivate Venture Capital, and Day One Ventures. NetNow also received a grant from Intuit for earning the Most Customer Obsessed company award.

Intezer: AI-Based Autonomous Security Company Raises $33 Million (Series C)

By Amit Chowdhry ● Sep 23, 2024

Intezer, a leader in AI-based technology for autonomous security operations, announced that it has raised $33 million in Series C funding. The funding round was led by Norwest Venture Partners, with participation from all existing investors, including Intel Capital, OpenView, Magma, and Alon Cohen (founder of CyberArk).

Cybord: Component AI Solution Company Secures $8.7 Million (Series A)

By Amit Chowdhry ● Sep 23, 2024

Cybord, a visual AI solution ensuring electronic component quality, authenticity, and traceability, announced that it had secured $8.7 million in Series A funding led by Capri Ventures, with participation from Ocean Azul Partners and existing investors IL Ventures and NextLeap Ventures, among other new and current investors.

Roots Automation: AI-Based Digital Coworker And InsurGPT Company Secures $22.2 Million (Series B)

By Amit Chowdhry ● Sep 23, 2024

Roots Automation, the creator of the AI-Based Digital Coworker and InsurGPT (the world's first generative AI model for insurance), announced the closing of a $22.2 million Series B funding round. Harbert Growth Partners led the round, which also included follow-on investments from MissionOG, Liberty Mutual Strategic Ventures, and Vestigo Ventures.

Orb: Modern Billing Platform Company Raises $25 Million (Series B)

By Amit Chowdhry ● Sep 22, 2024

Orb, a modern billing platform company that reimagines how businesses monetize software, announced it raised $25 million in Series B funding led by Mayfield. Existing investors Menlo Ventures, Greylock Partners, South Park Commons, Basecase, and Scribble Ventures and new investor Uncorrelated Ventures participated in this latest round.

webAI: AI Development Platform Raises Funding At $700 Million Valuation

By Amit Chowdhry ● Sep 22, 2024

webAI – an AI-based development platform that provides enterprises with localized AI infrastructure and offers a superior solution to existing cloud-based models – announced two milestones.

Pickommerce: Warehouse Automation Company Secures $3.4 Million

By Amit Chowdhry ● Sep 22, 2024

Warehouse automation company Pickommerce announced it has raised $3.4 million in funding to advance the development, production and marketing of the PickoBot piece-picking robot. Pickommerce's technology is prepared to transform the warehouse automation market. IL Ventures led this funding round and it includes InNegev, Fusion VC, the Israel Innovation Authority, and strategic investor ZIM Ventures (the corporate venture arm of maritime shipping company ZIM Integrated Shipping Services).