Convoke Secures $8.6M to Develop AI Operating System for Biopharma
Convoke has raised $8.6 million in seed funding to advance its AI-native operating system for biopharma, aiming to streamline drug development processes.
Financial movements in the AI ecosystem, including venture capital investments, strategic acquisitions, IPO's and funding rounds for AI companies.
Convoke has raised $8.6 million in seed funding to advance its AI-native operating system for biopharma, aiming to streamline drug development processes.
ChatBlu has raised $500,000 in pre-seed funding to develop an AI agent for automating inventory management across e-commerce platforms, announced in a press release.
Datacor has acquired Informetric Systems, enhancing its capabilities in manufacturing intelligence and digital transformation software.
Kasa has secured a $40 million investment from Silver Lake Waterman to boost its AI-driven hospitality operating system, aiming to improve profitability for property owners.
Yourway Learning has raised $9 million to enhance its AI-powered solutions for K-12 education, focusing on real-time student environments and educator support.
Arcade has acquired Upduo and launched the 'Arcade AI Sales Leader' platform to enhance retail performance management, announced in a press release. The new platform aims to scale the impact of top-performing store managers across retail organizations.
Foxconn has invested $30 million in Robocore's subsidiary, RoboTemi Global, to expand its presence in the medical and elderly care robotics market.
TensorZero has raised $7.3 million in seed funding to build an open-source stack for industrial-grade LLM applications, announced in a press release. The funding round was led by FirstMark, with participation from Bessemer Venture Partners and Bedrock.
Functionize has closed a $41 million Series B funding round to advance its AI-powered platform for software testing, according to a press release. The investment will support the development of autonomous quality assurance capabilities.
Three Space Lab has raised $3 million in seed funding to enhance its AI and VR solutions for luxury real estate, announced in a press release. The funding will support global expansion and technological advancements.
ShiftUp has secured $3 million in seed funding to advance its AI-powered sales intelligence platform, as announced in a press release. The funding will support product development and customer success initiatives.
SoftBank Group Corp. plans to invest $2 billion in Intel Corporation, as announced by both companies. This move comes amid reports of potential U.S. government interest in Intel.
Databricks has announced a Series K funding round, valuing the company at over $100 billion. The funds will accelerate AI strategy and global growth.
Firecrawl has raised $14.5 million in a Series A funding round led by Nexus Venture Partners, with participation from Shopify's CEO Tobias Lütke and Y Combinator.
Residex.AI has acquired Kevala to enhance its senior care operations with AI-driven workforce management, according to a press release. This acquisition aims to integrate staffing optimization with Residex's existing clinical platform.
Paradigm has launched its AI-powered spreadsheet, embedding over 5,000 AI agents into cells, following a $5 million seed funding round led by General Catalyst.
Pony.ai has attracted significant investment from ARK Invest and other major global institutional investors, marking a strong vote of confidence in its autonomous driving technology.
Medallion has raised $43 million to enhance its AI infrastructure and launch CredAlliance, a national credentialing clearinghouse, according to a press release by Medallion.
IVIX has raised $60 million in a Series B funding round led by O.G. Venture Partners, aiming to enhance its AI platform for fighting financial crime globally.
IFS has acquired 7bridges to bolster its AI capabilities in supply chain management, expanding its reach in industrial sectors.