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- 📌 10 AI Startups raise $1.1B+
📌 10 AI Startups raise $1.1B+
BONUS: July 2024 Market Memo From Sapphire Ventures
TODAY’S FUNDING RECAP 🗓️
Safe Superintelligence raises a $1B Round — AI research
Sakana AI raises a $100M Series A — AI research
You raises a $50M Series B — Search engine powered by AI agents
Revefi raises a $20M Series A — AI data engineer
6 more rounds caught by my funding tracker
Quick Note: Our links now have a preview image of today’s funding recap to provide more context when you share links :)
Read time: 3 minutes
TOGETHER WITH FLUIDSTACK
Chief AI Office: FluidStack provides high-end GPU clusters to power large scale training & inference workloads. Their ML engineers have deployed over 15,000 Nvidia H100 GPUs, and are trusted by some of the best AI labs in the world.
Fully managed K8s or Slurm
24/7 support
15 min response time
99% API uptime
Get in touch with them to learn more — They’re now deploying H200s and actively taking orders for GB200s.
TOP PICKS 📢
1/4
Amount: $1B 🎉
Valuation: $5B (rumoured)
SSI is building superintelligent AI.
It is in the early stages of R&D, planning to work for several years before introducing anything to the market.
While the exact nature of their planned AI system is still under wraps, the ultimate goal is to create AI systems that are not only more capable than any current models but are also aligned with human safety protocols to ensure they do not become harmful or uncontrollable.
2/4
Amount: $100M 🎉
Round: Series A
Lead Investor: Khosla Ventures, Lux Capital, New Enterprise Associates
Sakana AI is developing foundational AI models that are inspired by nature’s processes.
These AI models aim to be more energy-efficient and sustainable, compared to traditional models. Sakana AI’s research explores new approaches in AI scaling like their research Evolutionary Model Merge, an algorithm to combine open-source models to produce new domain-specific models in ways that are effective, unintuitive, and non-trivial.
3/4
Amount: $50M 🎉
Round: Series B
Lead Investor: Georgian
You is an advanced search engine.
They use AI agents to help users conduct research, solve problems, write and run code, create content, and more. Their AI agents also integrate into team workflows, enabling collaboration across organizations.
4/4
Amount: $20M 🎉
Round: Series A
Lead Investor: Icon Ventures
Revefi's product is Raden, the world’s first AI data engineer.
Raden augments human data engineers by automating complex tasks related to data architecture, observability, performance optimization, and cost management. The AI operates as an autopilot for data teams, significantly reducing manual work in data pipelines, cloud optimization, and real-time data processing.
OTHER ROUNDS 🤏
ESSENTIAL INTRODUCTIONS
→ Entalpic raises a $8.5M Seed — AI-driven materials discovery for more sustainable industries
→ Palm raises a $6M Seed — AI-powered treasury management
→ Monda raises a $5M Seed — Data monetization for AI
→ Root Signals raises a $2.8M Seed — LLM response evaluations
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PITCH DECKS & TOOLS ⚒️
New Pitch Decks
Skyfire $8.5M Seed - Payment network for AI agents
Sybill $11M Series A - AI assistant for sales reps
Knime $30M Round - Open-source AI governance and model ops for enterprises
Trending Business Tools
BONUS 🔥
FOR CURIOUS MINDS
THAT’S IT FOR TODAY
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