
CoreWeave's $35B IPO, Taktile's $54M Round, and Zhipu's $137M Amid Blacklist - AI Funding Brief #3
Hi there,
Welcome to this edition of the AI Funding Brief, where we delve into the latest funding and investment news in the world of AI businesses. This week, Taktile has successfully raised $54 million in a Series B funding round to bolster AI adoption in risk management for financial services. Meanwhile, Thinking Machines Lab, founded by former OpenAI CTO Mira Murati, is ambitiously seeking a $9 billion valuation as it aims to raise $1 billion, with a team of former OpenAI researchers working on innovative AI systems.
In other news, Vermillio has secured $16 million in Series A funding, with significant backing from Sony Music and DNS Capital, to enhance its AI licensing platform. Additionally, Amsterdam-based startup Lemni has launched with €3.3M in pre-seed funding from Sequoia Capital, focusing on product development and team growth. Perplexity AI is also making waves by launching a $50 million venture fund to support early-stage AI startups in the U.S., while Zhipu AI has raised $137 million despite being on a U.S. trade blacklist, and Meta Platforms Inc. is exploring a $35 billion financing package for data center development.
Mergers & Acquisitions
ServiceNow has acquired Quality 360 from Advania to enhance AI-powered manufacturing solutions. TransPerfect has acquired Technicolor Games to boost its video game production capabilities. HashiCorp has joined IBM to enhance multi-cloud solutions. Siyata Mobile has merged with Core Gaming, and Fastbreak AI has acquired Barcelogic to expand in European sports leagues.
- ServiceNow Acquires Quality 360 from Advania
- TransPerfect Acquires Technicolor Games
- HashiCorp Joins IBM to Enhance Multi-Cloud Solutions
- Siyata Mobile Merges with Core Gaming
- Fastbreak AI Acquires Barcelogic
IPO's & Market Moves
CoreWeave, an AI cloud provider, is preparing for an IPO that could value the company at over $35 billion, aiming to raise more than $4 billion. The company is investing $1.2 billion in data center space and plans further expansion.
Startup Funding
Open Meta City has secured $20 million from GEM Digital to enhance its virtual real estate platform, while Hema.to raised €3.6 million to advance AI diagnostics for blood cancer. EvidenceHunt received €1.2 million to improve its AI medical evidence platform, and VerAI Discoveries secured $24 million for AI-driven mineral exploration. Auditoria.AI raised $38 million to expand its AI solutions for finance teams, and Ligero obtained $4 million to launch its data privacy-focused virtual machine, Ligetron.
- Open Meta City Secures $20 Million for AI in Real Estate
- Hema.to Raises €3.6M for AI Blood Cancer Diagnosis
- EvidenceHunt Raises €1.2M for AI Medical Platform
- VerAI Discoveries Raises $24 Million for AI Mineral Exploration
- Ligero Secures $4 Million for Ligetron Launch
- QRaGo Raises €2.7M for Healthcare Logistics in Germany
- Skyfora Raises €4M for AI Weather Tech
- SponsWatch Secures €1 Million for AI Sponsorship Analytics
- Needle Secures $2.2 Million for AI Platform
- Auditoria.AI Secures $38 Million in Series B Funding
- Faks Secures €6M for AI Platform 'Faks Copilot'
- HeyMilo Raises $2.2 Million for AI Recruitment Platform
- UK AI Recruitment Startup Alfa Secures Funding
- CircNova Raises $3.3 Million for AI-Driven RNA Therapies
- Lockchain.ai Secures $5 Million for Compliance Solutions
- Runnr.ai Secures $2M for AI Guest Communication
- Israeli Startup Perfect Secures $23M for AI Recruitment
- Gilat Invests $3.5 Million in Drone Detection Startup
- Footprints AI Secures €2.3 Million for Expansion
- Bridgetown Research Secures $19 Million for AI-Driven Due Diligence
- ONVY HealthTech Secures $2 Million for AI Health Coaching
- Ignota Labs Secures $6.9 Million for AI Drug Platform
- Nexera Robotics Secures $4.5 Million Investment
- ZeroNorth Secures $20 Million Funding for AI Maritime Solutions
- Reddy Secures $2 Million Funding for CX Platform
- Unique AI Platform Secures $30 Million in Series A
- Breakout Secures $3.25 Million for AI Sales Agents
- Genesis Computing Secures $5 Million for AI Data Agents
- Jurimesh Secures €1.6 Million for AI Legal Platform
- Nomagic Secures $44 Million for AI Robotic Arms Expansion
- Regie.ai Raises $30 Million for AI Sales Platform
- Dreadnode Secures $14 Million for AI Security Tools
- Metronome Raises $50 Million to Enhance Billing Platform
- Disrupt.com to Invest $100 Million in AI Startups from the UAE
- TurboML to Develop AI Model for Indian Languages
- FairPlay Secures $10M Investment
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