Artificial Intelligence

SurePath AI: Governing Generative Enterprise Company Raises $5 Million (Seed)

By Amit Chowdhry ● Nov 25, 2024

SurePath AI, a leader in governing generative AI for the enterprise, announced the closing of a $5.2 million seed funding round led by Uncork Capital with significant participation from Operator Collective, bringing the company’s total funding to $6.3 million. And SurePath AI’s mission is to enable secure GenAI adoption by detecting usage, mitigating risks, and controlling AI access to enterprise data so that organizations can bolster innovation and productivity.

Alison.ai: AI-Based Ad Solutions Company Raises $13 Million (Seed)

By Amit Chowdhry ● Nov 25, 2024

Alison Technologies (Alison.ai), an AI-based advertising solutions company, announced the closing of a $13.3 million seed funding round. Almaz Capital led the round, which also included Foresight Group, Cardumen Capital, Crescendo Venture Partners, and Alumni Ventures.

Lighthouse: Commercial Intelligence Platform Secures $370 Million (Series C)

By Amit Chowdhry ● Nov 25, 2024

Lighthouse, a leading commercial intelligence platform for the travel and hospitality industry, announced a $370 million growth investment led by KKR. This funding advances Lighthouse's goal of transforming commercial strategy for the $15 billion travel & hospitality technology market. The proceeds from this funding round will be used to drive continued product innovation across Lighthouse's platform, strategic acquisitions, and global expansion efforts.

Trustero: AI-Based Security And Compliance Company Secures $10+ Million (Series A)

By Amit Chowdhry ● Nov 24, 2024

Trustero, an AI-based Security and Compliance, announced the closing of a $10.35 million Series A funding round led by Bright Pixel Capital (formerly Sonae IM), with participation from existing investors Engineering Capital, Zetta Ventures Partners, and Vertex Ventures US. And Trustero is proving that AI can drive real revenue and breakthroughs in GRC, a space traditionally dominated by complex, high-cost, and manual processes.

Aviz: AI-Based Networking Solutions Company Secures $17 Million (Series A)

By Amit Chowdhry ● Nov 24, 2024

Aviz Networks, a leader in AI-based networking solutions company, announced the closing of a $17 million Series A funding round. The funding round was led by Alter Venture Partners, with participation from existing investors Cisco Investments, Moment Ventures, Wistron and Accton and new strategic investors including Celestica and Qualcomm Ventures.

Enveda: $130 Million (Series C) Raised To Translate Nature Into New Medicines

By Amit Chowdhry ● Nov 24, 2024

Enveda - a biotechnology company using AI to translate nature into new medicines - announced an oversubscribed $130 million Series C funding round led by Kinnevik and FPV with participation from new and existing investors Baillie Gifford, Premji Invest, Lingotto Innovation, Lux Capital, Dimension Capital, True Ventures, Cresset Partners, The Nature Conservancy, and Henry R. Kravis. This funding round brings the total funding to $360 million.

Outbuild: Construction Management Company Raises $11 Million (Series A)

By Amit Chowdhry ● Nov 22, 2024

Outbuild, a construction scheduling and planning software company, announced it has raised $11 million in Series A Funding. The round was led by Sway Ventures and participated in by Hilti Venture, Trimble Ventures, and venture capital firms BGV and Zacua Ventures. This funding will help drive a targeted 100% increase in Outbuild's commercial growth by Fall 2025, support significant team expansion, and advance a product roadmap that includes AI.

Zeplyn: AI-Based Financial Advisor Assistant Company Raises $3 Million (Seed)

By Amit Chowdhry ● Nov 22, 2024

Zeplyn, an AI assistant for financial advisors, announced a $3 million seed funding round. Led by Leo Capital, with additional investment from Converge and angel investors, the funding will support the company as it rebuilds wealth management from an AI-native perspective.

Orbbec: Interview With Head of Products David Chen About The Robotics Vision Company

By Amit Chowdhry ● Nov 22, 2024

Orbbec is an industry-leading company in robotics vision and AI vision technology, dedicated to building a central platform for robotics and AI vision industry and crafting the eyes for robots. Pulse 2.0 interviewed Orbbec Head of Products David Chen to learn more about the company.