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, Anthropic has secured a substantial $2.5 billion credit facility to enhance its liquidity and growth in the AI sector. Meanwhile, Persona AI has raised $27 million to advance humanoid robotics for industrial applications, partnering with HD Hyundai for deployment. In the realm of AI notetaking, Granola has successfully closed a $43 million Series B funding round, aiming to introduce new collaboration tools for businesses.
In other news, Samaya AI has raised $43.5 million to develop AI tools for financial analysts, while Cognichip has secured $33 million to innovate in AI chip design. Additionally, AA-I Technologies has obtained $20-30 million in seed funding to create Artificial Expert Intelligence models. These stories highlight the dynamic and rapidly evolving landscape of AI funding, showcasing significant investments across various sectors and technologies.
Persona AI Secures $27M for Humanoid Robotics
Persona AI has raised $27 million in a pre-seed funding round to develop humanoid robots for shipbuilding and industrial manufacturing. The company plans to deploy these robots in partnership with
HD Hyundai.
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Bat VC Launches $100 Million Fund for AI Startups
New York-based
Bat VC has introduced a $100 million fund to support early-stage AI startups in India and the US, focusing on AI, fintech, and enterprise sectors.
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Granola Secures $43M in Series B Funding
AI notetaking app
Granola has raised $43 million in a Series B funding round, enhancing its collaborative features for business users.
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Samaya AI Secures $43.5 Million for Financial AI Tools
Samaya AI, a startup developing AI tools for financial analysts, has raised $43.5 million in a funding round led by New Enterprise Associates. The company aims to enhance research and analysis capabilities in financial services.
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Anthropic Secures $2.5 Billion Credit Facility
Anthropic has announced a $2.5 billion revolving credit facility from major banks to support its growth in the AI market. The facility is backed by institutions like Morgan Stanley, Barclays, and Citibank.
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Cognichip Secures $33 Million for AI Chip Design
Cognichip, a startup from San Francisco, has raised $33 million in seed funding to advance its AI model for semiconductor design, aiming to cut costs and accelerate design cycles.
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AA-I Technologies Secures $20-30 Million in Seed Funding
AA-I Technologies, founded by Prof. Amnon Shashua, has raised $20-30 million in seed funding to develop Artificial Expert Intelligence models.
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Hedra Raises $32 Million in Series A Funding
AI startup
Hedra has secured $32 million in a Series A funding round led by
Andreessen Horowitz. The funding aims to expand operations and enhance its market presence.
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OroraTech Secures €37 Million for Wildfire Digital Twin
Munich-based startup
OroraTech has raised €37 million to develop a wildfire digital twin of the Earth, utilizing high-resolution thermal satellite data.
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A100x Launches $50 Million Fund II for AI and Blockchain
A100x has introduced its second fund, a $50 million initiative to support early stage companies in AI, digital assets, and blockchain, with 15 investments already made since mid-2024.
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Pathos AI Secures $365 Million for Oncology Drug Development
AI startup
Pathos AI has raised $365 million in a Series D funding round to advance its platform for developing oncology drugs. The funding will aid in clinical trials and biomarker discovery using AI technology.
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Princeton Digital Group Secures $1.2 Billion for APAC Expansion
Princeton Digital Group has obtained $1.2 billion in financing to expand its data centers in Asia, targeting locations in Mumbai, Langfang, and Tokyo.
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Xoople Raises €115 Million for Earth Intelligence Tech
Spanish company
Xoople has secured €115 million in funding to enhance its Earth intelligence technology, which uses geospatial data and AI to monitor changes on the Earth's surface.
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TensorWave Raises $100 Million in Series A Funding
TensorWave, a Las Vegas-based GPU cloud provider, has secured $100 million in a Series A funding round led by
Magnetar and
AMD Ventures. The funds will be used for operational growth and team expansion.
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Openlayer Secures $14.5 Million for AI Governance
Openlayer has raised $14.5 million in a Series A funding round to enhance its AI evaluation and governance platform. The funding will support product expansion and market reach, focusing on responsible AI deployment for enterprises.
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