In an impressive move that underscores the growing significance of AI in business, Phacet, a French startup specializing in personalized artificial intelligence solutions for small and medium-sized enterprises (SMEs), has successfully raised €4 million in a Seed funding round. The investment attracted a notable consortium of 148 business angels, featuring founders and executives from prominent…
In a significant stride for the deeptech landscape, AxonJay has successfully raised €1.5 million in funding to advance its innovative AI solutions. This pioneering startup is poised to transform how businesses leverage artificial intelligence, enabling decision-makers to access real-time insights with remarkable accuracy. At the heart of AxonJay’s offering is its groundbreaking Self-Machine-Learning Platform, which…
In a significant leap toward revolutionizing the maritime technology landscape, HavocAI Inc., an innovator in autonomous uncrewed surface vessel (USV) technology, has successfully closed an $11 million Seed funding round. This financing was led by Scout Ventures and co-led by Trousdale Ventures, with participation from a distinguished roster of investors including Outlander VC, The Veteran…
In a significant boost for educational technology, Stimy AI has successfully raised $425,000 in Pre-Seed funding, setting the stage for its innovative math learning app aimed at supporting students worldwide. Catering to learners aged 10 to 18, the app employs cutting-edge AI technology to provide tailored assistance in math, helping users tackle homework challenges and…
In a significant boost for the cybersecurity landscape, Intezer has announced the successful closure of a $33 million Series C funding round, bringing its total capital raised to $60 million. The investment, spearheaded by Norwest Venture Partners, comes on the heels of an impressive 400% increase in customer acquisition over the past year. With participation…
In a significant leap forward for the insurance industry, Roots Automation, renowned for its innovative AI solutions, has successfully closed a $22.2 million Series B funding round. This investment, spearheaded by Harbert Growth Partners, alongside support from MissionOG, Liberty Mutual Strategic Ventures, and Vestigo Ventures, aims to enhance the capabilities of its AI-driven tools and…
Brisk Teaching, an innovative leader in AI-driven educational technology, has successfully completed a $5 million Seed funding round, bringing its total funding to $6.9 million. This significant investment, led by Owl Ventures with participation from South Park Commons, Springbank Collective, Coherence Fund, and Coalition Operators, will support the company’s expansion efforts, product development, and international…
In a significant stride towards transforming consumer research, Knit, the pioneering AI platform, has successfully closed a $9 million funding round. This financial boost, led by Revolution’s Rise of the Rest Seed Fund, marks a pivotal moment for the company as it announces new partnerships with industry giants including T-Mobile, NASCAR, the WNBA, Mars Wrigley,…
AttoTude, a pioneering company in high-speed interconnect technology for artificial intelligence and hyperscale data center applications, has announced the successful closure of its $29 million Series A funding round. This latest investment follows an $11 million Seed Round concluded earlier this year. The Series A round saw contributions from notable investors, including Sutter Hill Ventures,…
webAI, an Austin-based leader in AI innovation, has announced a significant milestone in its mission to revolutionize artificial intelligence with the completion of a $60 million Series A funding round. This pivotal investment underscores the growing momentum behind webAI’s vision to democratize AI and enhance its accessibility for enterprises worldwide. The fresh capital injection brings…
