
Zhipu AI's 500M Yuan Investment & OpusClip's $20M SoftBank Deal - AI Funding Brief #5
Hi there,
Welcome to the latest edition of the AI Funding Brief, where we bring you the most recent developments in the world of AI investments and funding. This week, we highlight significant funding rounds and strategic moves by AI companies across the globe. Zhipu AI, a Chinese AI startup, has secured a substantial 500 million yuan investment from the state-owned Huafa Group, despite facing challenges due to its blacklisting by the US government. Meanwhile, Israeli startup CaPow has raised $15 million in Series A funding led by Toyota Ventures to advance its innovative wireless charging technology for robots.
In other news, OpusClip, a generative AI startup, has received a $20 million investment from SoftBank, valuing the company at $215 million. This funding will support the expansion of its AI video editing platform and team. Additionally, Applied Intuition is in discussions to raise funds at a $15 billion valuation, with Kleiner Perkins expected to lead the round. These stories, among others, reflect the dynamic and rapidly evolving landscape of AI funding and investment.
Mergers & Acquisitions
Cleary Gottlieb has acquired Springbok AI to integrate AI and data analytics into its legal services. Clio has acquired ShareDo to expand its reach into large law firms. GlobalData has acquired AI Palette to enhance consumer insights in the CPG sector. UiPath has acquired Peak.ai to boost its AI services in retail and manufacturing. Shopify has acquired Vantage Discovery to enhance AI-powered search for retailers. Wysa has merged with April Health to integrate AI and in-person mental healthcare services.
- Clio Acquires AI Platform ShareDo
- GlobalData Acquires AI Palette for CPG Insights
- UiPath Acquires Peak.ai to Boost AI Services
- Shopify Acquires Vantage Discovery for AI Search
- Wysa and April Health Merge for Enhanced Mental Healthcare
- Inside Real Estate Acquires ListAssist
- Partners Group Acquires GreenSquareDC for AU$1.2 Billion
- Perfios Acquires Credit Nirvana for AI Debt Management
- Beroe Inc. Acquires nnamu GmbH for AI Negotiation Tech
- Carv Acquires Recrubo to Enhance AI Recruitment
- Junee Limited Acquires Majority Stake in MindEnergy
- WNS Acquires Kipi.ai for AI and Data Modernization
- Eaton to Acquire Fibrebond for $1.4 Billion
- xAI Acquires AI Video Startup Hotshot
- Cleary Gottlieb Acquires Springbok AI
- Gleamer Expands into MRI Market with Acquisitions
IPO's & Market Moves
Micropolis Holding Company, a Dubai-based robotics manufacturer, raised $15.5 million through its IPO on the NYSE American to support various business expansions. Baidu, Inc. has finalized its issuance of CNY10 billion in CNY-denominated senior unsecured notes, with proceeds aimed at general corporate purposes and debt repayment.
- Micropolis Raises $15.5M in NYSE IPO
- Baidu Completes CNY10 Billion Senior Notes Offering
- Insilico Medicine Eyes Hong Kong IPO After $110M Funding
Startup Funding
Causal Labs has raised $6 million to advance AI-driven weather prediction models, while Nimblemind.ai secured $2.5 million to improve clinical data structuring. MoirAI Cloud received $1 million in pre-seed funding to enhance AI cloud software, and Seadronix raised $11.3 million for autonomous ship navigation technologies. ReFiBuy, launched by Scot Wingo, secured $1.5 million to tackle retail challenges with AI, and Noxus raised £1.2 million for its AI workforce platform.
- Causal Labs Secures $6M for AI Weather Tech
- Nimblemind.ai Secures $2.5 Million for AI-Ready Clinical Data
- MoirAI Cloud Secures $1 Million Pre-Seed Funding
- Seadronix Raises $11.3M for AI Navigation Expansion
- Scot Wingo Launches AI Startup ReFiBuy with $1.5M Funding
- Noxus Secures £1.2M for AI Workforce Platform
- Contend Secures Pre-Seed Funding for AI Legal Support
- OptimHire Secures $5 Million for AI Hiring Platform
- FLUIX Raises $2.1 Million for AI Energy Efficiency Platform
- Accrete Receives $15M from AFWERX to Enhance Argus Platform
- CompScience Secures $27.6 Million for AI Insurtech
- Onyx Raises $10M for AI-Powered Enterprise Search
- AI Startup Merx Secures €1.1 Million for WhatsApp Commerce
- CornerBox Raises $1M for AI Retail Platform
- Elevarm Secures $4.25M for AI in Indonesian Agriculture
- Synergist Technology Addresses AI Compliance
- Neural Defend Secures $600,000 for AI Deepfake Detection
- Podqi Secures $3.2M for AI IP Protection
- Sola Security Launches with $30 Million Funding
- Disputed.ai Raises $1.12 Million for AI Chargeback Management
- Change Engine to Invest $5 Million in AI Startups
- Lexroom.ai Secures €2 Million for AI Legal Research
- Breaker Secures $2 Million Pre-Seed Funding
- Adara Ventures Closes First Round of €100M AV4 Fund
- Ambitio Raises $2 Million in Seed Funding
- Unikon.ai to Launch D2C Brand After $2 Million Funding
- Gradial Secures $13M for AI Marketing Automation
- CaPow Secures $15 Million for Wireless Charging Tech
- Aura Raises $5.5 Million for AI Model Marketplace
- Darwin Secures $5 Million for AI in Public Sector
- Zhipu AI Secures 500 Million Yuan from Huafa Group
- Terabase Energy Raises $200 Million for Solar Robotics
- DRUID AI Secures €46M Funding
- ICBC Launches $11 Billion Fund for AI and Tech Startups
- Valor Ventures Closes $27M Fund for AI and SaaS Startups
Subscribe to AI Funding Brief