Financial movements in the AI ecosystem, including venture capital investments, strategic acquisitions, IPO's and funding rounds for AI companies.
Drivepoint has raised over $9 million in new funding to enhance its AI-powered finance platform for consumer brands, announced in a press release. The Series A round was led by Vocap Partners, with participation from Good Friends VC and existing investors.
HolmesAI has completed its Seed+ funding round, raising $3 million with support from Bitrise Capital, Waterdrip Capital, and CGV Fund, as announced in a press release.
Protege has announced a $25 million Series A funding round led by Footwork to enhance its AI training data platform. The funding will support product development and expansion into new verticals.
LawPro.ai has closed its Series Seed funding round led by Scopus Ventures to enhance AI solutions for the injury claims industry.
Squint has raised $40 million in Series B funding to advance its AI-driven manufacturing platform, according to a press release. The funding will support expansion into new sectors and enhance AI capabilities.
Sam Altman, co-founder of OpenAI, is reportedly planning to launch a brain-computer interface startup called Merge Labs, which aims to compete with Elon Musk's Neuralink.
Titan has raised $74 million in funding led by General Catalyst to enhance its augmented AI platform and acquired RFA to establish an AI-enabled MSP.
Profound has raised $35 million in a Series B funding round led by Sequoia Capital, aiming to expand its AI marketing platform capabilities.
GoodShip has raised $25 million in Series B funding to expand its AI-driven freight management platform, aiming to transform the shipping industry.
Nimble Gravity has acquired Fog Solutions, enhancing its capabilities in AI and data solutions, according to a press release.
Perplexity AI has made an unsolicited $34.5 billion cash offer to acquire Chrome from Alphabet, promising to keep Chromium open source and invest $3 billion in the project.
Belgian spacetech startup EDGX has closed a €2.3 million funding round to accelerate the commercialization of its edge AI computer for satellites, as announced in a press release.
Stockholm-based Flox has raised nearly €1 million in a seed funding round to advance its AI-powered wildlife management technology.
Seoul-based Datumo has raised $15.5 million in a Series B funding round to enhance its AI model evaluation tools and expand globally.
Graas.ai has raised over $9 million in a pre-Series B funding round to expand its Agent Foundry platform in India, aimed at automating key business functions for e-commerce brands.
Somnigroup International has acquired a 15.6% equity interest in Fullpower-AI with a $25 million investment, as announced in a press release. The partnership includes a multi-year extension of Tempur Sealy's exclusive rights to use Fullpower's Sleeptracker technology.
Andreessen Horowitz is set to lead a $200 million investment in Periodic Labs, valuing the AI startup at $1 billion. OpenAI is also expected to participate in the funding round.
SoftBank has acquired Foxconn's Ohio electric vehicle plant to advance its $500 billion Stargate AI infrastructure initiative, repurposing the site for data center use.
D-Tools has secured a $12 million Series C investment led by John Heyman of StellarIQ, with continued support from Greybull Stewardship, to enhance its AI-driven software solutions for electronic systems contractors.
Casap has raised $25 million in Series A funding to improve its AI-driven platform for resolving payment disputes and reducing fraud losses, announced in a press release.
