πŸ“Œ 19 AI Startups raise $450M+

BONUS: Founders Fund's take on Open-Source AI

TODAY’S RECAP πŸ—“οΈ

  • DeepL raises a $300M Round β€” AI language translation

  • Praktika raises a $35.5M Series A β€” AI avatars for language learning

  • Patronus AI raises a $17M Series A β€” Automated AI evaluations

  • Bolster AI raises a $14M Series B β€” Multi-channel threat protection

  • Unify raises a $8M Seed β€” LLM router

  • 14 more rounds caught by my funding tracker

Read time: 3 minutes

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TOP PICKS πŸ“’

1/5

Amount: $300M πŸŽ‰

Valuation: $2B

Round: Venture Round

Lead Investor: Index Ventures

DeepL is a Language AI platform designed for businesses.

The platform includes AI-powered translation that is highly accurate and secure across 32 languages. Additionally, DeepL launched DeepL Write Pro, an assistant for business writing.

Notably, over 100,000 businesses, governments, and organizations use DeepL for communication and international growth.

2/5

Amount: $35.5M πŸŽ‰

Round: Series A

Lead Investor: Blossom Capital

Praktika is a language learning platform that uses AI avatars to simulate real-life conversational scenarios.

AI avatars provide users with an interactive and immersive learning experience, enabling them to practice speaking and listening in a natural context.

3/5

Amount: $17M πŸŽ‰

Round: Series A

Lead Investor: Notable Capital

Patronus AI offers end-to-end evaluation of AI systems in a domain and model-agnostic manner.

The platform features a set of Patronus evaluator models that assess various aspects of AI performance, including accuracy, hallucination, brand alignment, and PII leakage. The solution is designed to be user-friendly, requiring only a single line of code to integrate.

4/5

Amount: $14M πŸŽ‰

Round: Series B

Lead Investor: M12 - Microsoft's Venture Fund

Bolster is an AI-powered platform that automates the detection and takedown of threats across various external attack surfaces.

The platform can scan over 4 million web pages simultaneously, identifying scam campaigns before they reach inboxes. It covers domain monitoring, social media monitoring, app store monitoring, and dark web monitoring.

5/5

Amount: $8M πŸŽ‰

Round: Seed

Lead Investor: Ballistic Ventures, Google Ventures

Unify is an LLM router that assists developers in identifying the best LLM for their use case.

The platform provides detailed evaluations of various LLMs based on factors such as performance, accuracy, and resource requirements. By using Unify, developers can make informed decisions about which LLM to integrate into their applications.

OTHER ROUNDS 🀏

ESSENTIAL INTRODUCTIONS

β†’Β Aerodome raises a $21.5M Series A β€” AI-powered drones for air support

β†’Β Verse raises a $20.5M Series A β€” AI-powered platform to understand, plan, and manage clean energy

β†’Β Nory AI raises a $16M Series A β€” AI-powered operating system for restaurants

β†’Β Kabata raises a $5M Seed β€” AI-powered dumbells

β†’Β Superlegal raises a $5M Seed β€” AI-powered contract review

β†’Β Granola raises a $4.25M Round β€” AI notepad for meetings

PITCH DECKS & TOOLS βš’οΈ

Trending Business Tools

  • Guidde - Create how-to guides with AI

  • Play.ht - Create conversational phone agents using voice AI

  • Amie - Todos, email, and calendar combined with an AI assistant

BONUS πŸ”₯

FOR CURIOUS MINDS

THAT’S IT FOR TODAY

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