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- 📌 11 AI Startups raise $65M+
📌 11 AI Startups raise $65M+
BONUS: Microsoft Copilot Growth
🗓️ Today’s 1 min recap:
Yushan AI raises a $20M Corporate round → LLMs that run locally on mobiles
Treefera raises a $12M Series A → nature-based asset data platform
Alaffia Health raises a $10M Series A → medical coding & claims tool
Edia raises a $9.4M Series A → math education app
Deltia raises a $4.8M Seed → computer vision platform for manufacturing
6 more rounds caught by my funding tracker
Read time: 2 minutes
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TOP PICKS 📢
A detailed highlight
Amount: $20M 🎉
Round: Corporate Round
Lead Investor: Microsoft
Yushan AI offers an offline LLM that is mobile-compatible.
This model supports domain-specific applications and maintains privacy by running locally on a device. Their model includes ones with varying parameters (1.5 billion, 3 billion, 7 billion, and 13 billion) to suit different hardware and scenarios.
Amount: $12M 🎉
Round: Series A
Lead Investor: AlbionVC
Treefera is an AI-enabled data management platform that integrates satellite, drone, and ground truth data to provide continuous monitoring, assurance, and risk evaluation for nature-based assets.
Their platform helps bring transparency and accuracy to nature-based asset reporting, such as carbon credits and supply chain sustainability.
Amount: $10M 🎉
Round: Series A
Lead Investor: FirstMark
Alaffia Health's product, Ask Autodor, is a generative AI tool designed for medical coders.
The AI tool assists coders in navigating and managing a high volume of insurance claims efficiently. It automates the extraction and processing of data from various sources, such as claims data, provider contracts, clinical guidelines, and policy documents.
Amount: $9.4M 🎉
Round: Series A
Lead Investor: Felicis
Edia provides an AI-powered math education platform that offers personalized feedback, enables students to show their work on devices, and supports teachers with real-time data for targeted interventions.
Amount: $4.8M 🎉
Round: Seed
Lead Investor: Cavalry Ventures
Deltia is a computer vision AI platform that analyzes manufacturing processes, helping to identify inefficiencies and suggest improvements, which can significantly enhance productivity and training.
OTHER ROUNDS 🤏
Essential introductions
→ Peppercorn raises a $4.1M Seed - Conversational AI platform for insurance
→ Endimension raises a $0.72M Seed - AI-powered medical image analysis
AI PITCH DECKS 🔖
New Pitck Deck: Read AI’s $21M Series A 👇🏼
BONUS 🔥
For the most curious minds!
MSFT earnings numbers on AI products:
Consumer (# of users):
GitHub Copilot is growing 38% QoQ
Enterprise (# of orgs):
Copilot Power Platform is growing 43% QoQ
Here's the data 🧵:
— Chief AI Officer (@chiefaioffice)
9:18 PM • Apr 26, 2024
THAT’S IT FOR TODAY
Reply to this email with any feedback or just to say hi! I would love to hear from you.
Cheers,
Cheif AI Officer (CAIO)
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