Andreessen Horowitz Plans $20B AI Fund, Brinc & Motorola Enhance Drones, Hawk Secures $56M - AI Funding Brief #9

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 partnerships that are shaping the future of AI technology. Hawk, a German regtech firm, has secured $56 million to expand its AI-driven fraud prevention solutions into the US market. Meanwhile, Seattle-based Brinc has raised $75 million and teamed up with Motorola Solutions to enhance emergency response drones for public safety agencies.

In Europe, NexGen Cloud has raised $45 million to bolster its AI infrastructure, while IFS has reached a valuation of EUR 15 billion, driven by the demand for industrial AI solutions. Additionally, Andreessen Horowitz is planning a massive $20 billion fund to invest in AI companies, reflecting the growing global interest in AI technology. Stay tuned as we delve into these stories and more, providing insights into the dynamic landscape of AI funding.

Brinc and Motorola Partner to Boost Public Safety Drones

NexGen Cloud Secures $45 Million for AI Expansion in Europe

IFS Valued at EUR 15 Billion Due to Industrial AI Demand

Andreessen Horowitz Plans $20 Billion AI Fund

AutonomyAI Launches to Automate Software Development

SignalFire Raises $1 Billion for AI Investments

Nuro Secures $106 Million to Expand AI Delivery Robots

Noematrix Secures Up to $70 Million in Pre-A++ Funding

Microsoft Invests in French Startup Mistral AI

incident.io Secures $62 Million for AI Development

Ominimo Receives Investment from Zurich Insurance Group

nEye Systems Raises $72.5 Million for Optical Switch Technology

DIG Ventures Closes $100M Fund for European AI Startups

Aurascape Raises $50 Million for AI Security Platform

nEye Systems Secures $58 Million for AI Networking Chip

Job&Talent Secures €92M for AI Workforce Platform

Safe Superintelligence Valued at $32 Billion After Funding

Andreessen Horowitz Leads $2 Billion Funding for Thinking Machines Lab

Tailscale Secures $160 Million in Series C Funding

Thinking Machines Lab Seeks $2 Billion in Seed Funding

CUJO AI has acquired Domos to enhance ISP services by integrating application and device intelligence. Urbint acquired StormImpact to bolster utility resilience against extreme weather. SBI Growth Advisory acquired Daydream's AI platform to improve data insights. OpenAI is in talks to acquire io Products, an AI hardware startup. Honeycomb acquired Grit and expanded its leadership team. Hypertec Cloud formed 5C Group after acquiring 5C Data Centers. Allurity acquired Onevinn to enhance European cybersecurity services. MissionOne Media acquired Growth Skills to boost AI-driven SEO capabilities. Intapp plans to acquire TermSheet for an advanced AI operating system. Vobile completed the acquisition of Pex to enhance music copyright services. Inveniam acquired Hedgehog Invest to improve data infrastructure. TransPerfect acquired MPC and The Mill from Technicolor. Hugging Face acquired Pollen Robotics to advance open-source AI robotics. The UK's Competition and Markets Authority is investigating the SES and Intelsat merger. CleverTap acquired rehook.ai for AI-driven promotions.

Trilegal is advising on the ₹6,000 million IPO of ESDS Software Solution. Aether Holdings, Inc. raised $7.74 million in its IPO for product development. Kodiak Robotics, Inc. will go public through a merger with Ares Acquisition Corporation II, valuing it at $2.5 billion.

Sage Future has used AI models to raise $257 for Helen Keller International, exploring AI's role in philanthropy. Mercy received funding to expand its AI platform for cancer patient monitoring during chemotherapy. Scale AI introduced a $30 million fund to support AI adoption in Canadian companies, covering up to 40% of project costs.

CalypsoAI has raised $5 million and reached the RSAC Innovation Sandbox finals, while Gallatin AI secured $15 million to enhance military logistics. University of Southampton students raised £250,000 for their AI startup, and Octane secured $6.75 million for blockchain security. Nunu.ai raised $6 million for AI game testing, and Scoutflo secured Rs 1.4 crore for its DevOps platform. Nettle raised £1.45M to address the risk engineer shortage, and DaveAI secured funding for global expansion.