Artificial Intelligence

Distributional: Modern Enterprise Platform Company Raises $19 Million (Series A)

By Amit Chowdhry ● Oct 8, 2024

Distributional, a modern enterprise platform for AI testing, announced that it has raised $19 million in Series A funding led by Two Sigma Ventures with participation from Andreessen Horowitz, Operator Collective, Oregon Venture Fund, Essence VC, Alumni Ventures and dozens of angel investors. And the new funding round brings Distributional’s total capital raised to $30 million less than one year since its incorporation.

Paren: Data Insights Company Secures $3 Million (Seed)

By Amit Chowdhry ● Oct 8, 2024

Paren—a software platform powering electric mobility with unified data insights—announced that it has raised $3 million in its first financing round. Base10 Partners led the funding round. Founders Network Fund and Luc Vincent (founder of Google Street View and Lyft 5) also participated in the round. Paren will use the funding to scale its current data platform and build new services.

AirOps: $15.5 Million (Series A) Raised To Help Marketers Scale AI Growth Workflows

By Amit Chowdhry ● Oct 8, 2024

AirOps, a company helping marketers build and scale AI growth workflows, announced it has raised $15.5 million in Series A funding. The funding round was led by Unusual VC, with participation from Wing VC, Founder Collective, XFund, Alt Capital, Lauryn Motamedi, David Rogier, and JD Ross.

Voxel51 Reveals FiftyOne Open Source 1.0 To Accelerate Visual AI Applications

By Amit Chowdhry ● Oct 8, 2024

Voxel51 - a company helping organizations make visual AI a reality—announced the milestone release of version 1.0 of open-source FiftyOne. FiftyOne Open Source offers the foundation for Voxel51’s commercial solution, FiftyOne Teams, easing and streamlining the development of robust and reliable visual AI applications.

Helios AI: Interview With Co-Founder And CEO Francisco Martin-Rayo About CommodiTrack

By Amit Chowdhry ● Oct 7, 2024

Helios AI is a leading artificial intelligence company that predicts soft commodity prices and agricultural supply disruptions. The company sees daily and historical coverage for 85 countries and 50+ commodities. Its platform analyzes billions of signals in real-time to empower organizations to be one step ahead of the market. Pulse 2.0 interviewed Helios AI co-founder and CEO Francisco Martin-Rayo to learn more about the company.

Standard AI: Interview With CTO David Woollard About The Retail Insights Company

By Amit Chowdhry ● Oct 7, 2024

Standard AI is a company that is equipping brick-and-mortar stores and their suppliers with the data they need to solve the hardest problems in physical retail: unlocking insights with unparalleled fidelity and precision about people, products, and interactions. Pulse 2.0 interviewed Standard AI CTO David Woollard to learn more about the company.

Baker Tilly Buying Robotic Process Automation Company Alirrium

By Amit Chowdhry ● Oct 7, 2024

Leading advisory, tax, and assurance company Baker Tilly is expanding its advanced technology capabilities by acquiring Alirrium, a fast-growing leader in Robotic Process Automation (RPA) advisory and implementation services. Effective November 1, the move strengthens Baker Tilly’s capabilities in RPA, AI/ML to better support businesses in modernizing their operations and improving their competitive edge.

Qure.ai: $65 Million (Series D) Raised To Expand Into More Markets

By Amit Chowdhry ● Oct 4, 2024

Mumbai-based global healthcare AI company Qure.ai announced it raised a $65 million Series D funding round. This funding round will expedite expansion in the US market and other geographies, invest more in foundational AI models, and enable complementary med-tech company acquisitions.

Overjet: Interview With CEO Wardah Inam About The Dental AI Leader Company

By Amit Chowdhry ● Oct 4, 2024

Overjet is the world leader in dental AI. Pulse 2.0 interviewed Overjet CEO Wardah Inam to learn more about the company.

Billables AI: Modern Professional Service Providers Platform Secures $3.9 Million (Seed)

By Amit Chowdhry ● Oct 4, 2024

Billables AI, an AI-based platform for professional service providers that streamlines operations with its flagship AI-powered timekeeping solution, announced it raised $3.9 million in seed funding led by Wing VC with participation from F7, SignalFire, Darkmode, Alumni Ventures, and a group of AI leaders and industry veterans like angel investors from Google, Stanford, SambaNova, and more.

Dexory: Robotics And Data Intelligence Company Raises $80 Million (Series B)

By Amit Chowdhry ● Oct 4, 2024

Dexory, a leading robotics and data intelligence company, announced it has closed an $80 million Series B funding round. This funding round was led by DTCP, with participation from Latitude Ventures, Wave-X, and Bootstrap Europe, along with existing investors Atomico, Lakestar, Capnamic, and several angels from the logistics industry. DTCP’s Michael Rager joins Dexory’s board of directors as part of this investment.

HPC-AI Tech: $50 Million (Series A) Closed For Enhancing Video Generation AI

By Amit Chowdhry ● Oct 4, 2024

HPC-AI Tech, an AI startup specializing in AI Software Infrastructure and Video Generation, announced it has raised $50 millionSeries A funding round. The company’s investors include prominent names such as Singtel Innov8, Sinovation Ventures, Capstone Capital, Greater Bay Area Homeland, Lingfeng Capital, and Stony Creek Capital, positioning the company for rapid growth in the AI space.

OpenAI: $6.6 Billion Raised At $157 Billion Valuation To Scale AI Platform

By Amit Chowdhry ● Oct 4, 2024

OpenAI announced it closed $6.6 billion in funding at a $157 billion post-money valuation. The investors were undisclosed but sources with the company said that the round was led by Thrive Capital. Microsoft, SoftBank, Khosla Ventures, Altimeter Capital, Fidelity, MGX, Tiger Global, and Nvidia also reportedly participated in the round. The $157 billion post-money valuation is reportedly up from $80 billion earlier this year and $29 billion last year. It is believed that some of the investors negotiated options to invest more capital in the company next year at the same valuation.

Vivun: Interview With CEO & Co-Founder Matt Darrow About The Sales Team Co-Pilot Company

By Amit Chowdhry ● Oct 3, 2024

Vivun is known as your sales team's technical copilot as it helps the fastest growing companies secure more technical wins more efficiently. Following Vivun's release of Ava, the first AI sales engineer, Pulse 2.0 interviewed Vivun CEO and co-founder Matt Darrow to learn more about the company.

Vivun Unveils AI-Based Sales Engineer Platform Ava

By Amit Chowdhry ● Oct 2, 2024

Today Vivun has announced the launch of Ava, an AI-based Sales Engineer that is enabling sales, sales engineering, and customer success teams to operate with greater independence via on-demand technical expertise.

Dexory: Robotics And Data Intelligence Company Raises $80 Million

By Amit Chowdhry ● Oct 2, 2024

Dexory, a leading robotics and data intelligence company, announced it closed an $80 million Series B funding round. The round was led by DTCP and included participation from Latitude Ventures, Wave-X, and Bootstrap Europe, as well as existing investors Atomico, Lakestar, Capnamic, and several angels from the logistics industry. DTCP’s Michael Rager joined Dexory’s board of directors as part of this investment.

DocJuris: AI Contract Company Raises Series A Funding

By Amit Chowdhry ● Oct 2, 2024

DocJuris, a leader in AI contract review, announced the closing of its Series A funding round, raising $8 million in new capital, bringing the total capital raised to date to $11.2 million. Silverton Partners, the most active venture capital firm in Texas, led the funding round, with participation from previous investors Watertower Ventures, Surface Ventures, and Seed Round Capital.

SmartSKN: $7 Million Deal Signed With LillyCover Korea

By Amit Chowdhry ● Oct 2, 2024

AI-based beauty solutions leader SmartSKN partnered with LillyCover, a pioneer in Korean skincare technology. This $7 million deal grants SmartSKN exclusive rights to introduce AI-driven skincare robots to the U.S. market, combining the best of K-beauty with cutting-edge AI skincare personalization.

Numa: $32 Million (Series B) Raised To Transform Auto Dealerships

By Amit Chowdhry ● Oct 2, 2024

Numa, an AI-based platform transforming auto dealerships, announced a $32 million Series B funding round. Touring Capital, a growth stage firm focused on AI-powered software, and Mitsui & Co., a global conglomerate generating $1.2 billion in annual profit from automotive and mobility, led the round. Existing investors Costanoa Ventures, Threshold, and Gradient Ventures also participated.