Artificial Intelligence

DEFCON AI: Defense Tech Raises $44 Million (Seed)

By Amit Chowdhry ● Aug 27, 2024

DEFCON AI, an insights company building a next-generation modeling, simulation, and analysis (MS&A) toolset for the modern military environment, announced that it had raised $44 million in Seed funding. This funding round was led by Bessemer Venture Partners with participation from Fifth Growth Fund and Red Cell Partners, etc.

Harmonyze: Over $2 Million (Pre-Seed) Raised To Automate Compliance And Legal Tasks

By Amit Chowdhry ● Aug 27, 2024

Harmonyze (previously known as Legal Hat) - which is an AI-first platform designed to increase franchisor's profit margins - announced the closing of over $2 million in pre-seed funding. The fundinground was led by Bowery Capital, with participation from Focal.VC, and individual investors that include CXOs at franchisors, AI companies, and private equity firms.

Siepe: $30 Million (Series B) Raised To Advance Private Credit Platform

By Amit Chowdhry ● Aug 27, 2024

Siepe, a provider of software and technology-enabled services for private credit and CLO managers, announced it has raised $30 million in a Series B funding round led by WestCap, a strategic operating and investing firm with $6 billion in assets under management (AUM). This funding will drive a multi-product roadmap, expand AI/ML capabilities, and strengthen strategic partnerships.

Viggle AI: $19 Million (Series A) Raised To Transform Character Animation With GenAI

By Amit Chowdhry ● Aug 26, 2024

Viggle AI, a Canada-based company transforming character animation through generative artificial intelligence, today announced it has raised $19 million in Series A funding led by Andreessen Horowitz (a16z), with participation from additional investor Two Small Fish. This funding round round will enable Viggle AI to continue to scale, accelerate product development, expand its team, and solidify its position as a leader in controllable video generation and AI animation.

LandingAI: Making Computer Vision Easier For Various Applications

By Amit Chowdhry ● Aug 26, 2024

LandingAI is a company that provides a cutting-edge software platform that makes computer vision easier for a wide range of applications across all industries. Pulse 2.0 interviewed LandingAI’s Senior Director of Partnerships Carl Lewis to learn more about the company.

Otto: Travel-Based AI Agent Company Raises $6 Million (Seed)

By Amit Chowdhry ● Aug 25, 2024

Otto, a company that is building an intelligent and autonomous AI travel agent for business travelers, announced that it has raised a $6 million seed round led by Madrona Ventures, with participation from Direct Travel and angel investors from across the business travel industry like Erik Blachford (former CEO of Expedia), IAC Travel and Couchsurfing; Barney Harford (former CEO of Orbitz and COO of Uber); and Hugh Crean (CEO of Operix and former CEO of Farecast-acquired by Microsoft).

Kubiya: Conversational AI Solution Company Raises $12 Million (Seed)

By Amit Chowdhry ● Aug 23, 2024

Kubiya, a leading Conversational AI solution for DevOps teams, announced it has closed a $12 million seed round with a $6 million extension of equity and debt financing and launched a new platform, AI Teammates. Heavybit led Kubiya’s current financing, with Hyperwise VC participating.

Lendbuzz: $400 Million Forward Flow Agreement Signed With Viola Credit

By Amit Chowdhry ● Aug 23, 2024

Lendbuzz, an AI-based fintech company that helps consumers obtain better access to credit when buying a vehicle, announced that it has secured a new $400 million forward flow program with Viola Credit, a global alternative asset manager specializing in providing asset-based lending solutions to innovative technology-enabled lenders.

Consensus: AI-Based Scientific Research Search Engine Raises $11.5 Million (Series A)

By Amit Chowdhry ● Aug 21, 2024

Consensus, an AI-based search engine for scientific research, announced that it raised $11.5 million in new Series A funding. This funding round was led by Union Square Ventures, whose previous Series A investments include Twitter, Coinbase, and MongoDB. USV is joined by other investors, including Nat Friedman and Daniel Gross, and previous Seed investors Draper Associates, Kevin Carter, Path Ventures, and Alumni Ventures.