Financial movements in the AI ecosystem, including venture capital investments, strategic acquisitions, IPO's and funding rounds for AI companies.
REplace, an AI-driven platform for renewable energy and data center development, has raised $2.1 million to advance its site selection technology, according to a press release.
EdgeMode Inc. has acquired Synthesis Analytics Production Ltd., enhancing its AI and high-performance computing data center capabilities with a 95MW power contract and proprietary cooling technology.
Unbound has raised $4 million to help enterprises manage AI tools securely, announced in a press release. The funding round was led by Race Capital.
FarmQA has raised $4 million in a Series Seed funding round led by gener8tor 1889, with participation from O'Leary Ventures and Badlands Capital, to enhance its digital agronomy platform.
Aion Silicon has announced a $12 million engagement to develop RISC-V accelerators for high-performance computing and AI, leveraging its extensive SoC expertise.
SurgeONE.ai has acquired MGL Consulting, integrating four decades of compliance expertise with its AI-powered platform, according to a press release.
Finnish startup Inven has raised $12.8 million in a Series A funding round led by Ventech and Vendep Capital, aiming to expand its AI-native deal sourcing platform in the US.
Context, an AI-driven startup, has raised $11 million in a seed round led by Lux Capital, with participation from Qualcomm Ventures and General Catalyst, to build an AI-native office suite valued at $70 million.
Minset has announced a seed funding round led by HealthX Ventures to scale its AI platform for healthcare revenue cycle management.
CloudZero has raised $56 million in a Series C funding round to advance its AI-driven cloud cost optimization platform, as announced in a press release. The funding will support research and development, expand market efforts, and strengthen partnerships.
Creatify has raised $15.5 million in Series A funding to launch AdMax, an AI platform for video ad creation and optimization, according to BusinessWire.
OpenAI's CFO Sarah Friar announced that the company's new structure could pave the way for a future IPO, as reported by Reuters. The restructuring involves converting its for-profit arm into a public benefit corporation.
Spott has raised $3.2 million in seed funding led by Base10 Partners, with participation from Y Combinator and Fortino, to develop its AI-native recruitment platform.
Clear Current has raised over $4 million in a seed round led by Rho Ignition to launch its AI-powered virtual energy manager for enterprises, as announced in a press release. The platform aims to optimize energy management through advanced AI solutions.
Neuron Factory has announced a $6 million seed funding round and a strategic partnership with Cordeel Group to enhance AI in the construction industry.
Pallet has raised $27 million in a Series B funding round led by General Catalyst to scale its AI workforce for logistics, CoPallet.
Samsung Ventures is considering a significant investment in Exo, a California-based startup specializing in portable ultrasound devices, as part of a $100 million funding round led by Sands Capital, Bold Capital, and Qubit Health Capital.
Frinks AI, a startup founded by IIT Hyderabad alumni, has raised $5.4 million in a Pre-Series A round led by Prime Venture Partners. The funding will help scale its Vision AI platform globally.
IgniteTech has acquired Khoros to integrate AI technologies across its platform, enhancing customer engagement solutions. The acquisition aims to transform Khoros' offerings with AI features like AI Expert Help and AI Brand Defender.
Fynk, a legaltech startup from the DACH region, has raised $3.5 million in seed funding to enhance its AI-driven legal document management platform.
