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- 📌 19 AI Startups raise $450M+
📌 19 AI Startups raise $450M+
BONUS: Founders Fund's take on Open-Source AI
TODAY’S RECAP 🗓️
DeepL raises a $300M Round — AI language translation
Praktika raises a $35.5M Series A — AI avatars for language learning
Patronus AI raises a $17M Series A — Automated AI evaluations
Bolster AI raises a $14M Series B — Multi-channel threat protection
Unify raises a $8M Seed — LLM router
14 more rounds caught by my funding tracker
Read time: 3 minutes
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TOP PICKS 📢
1/5
Amount: $300M 🎉
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 🎉
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 🎉
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 🎉
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 🎉
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
→ Superlegal raises a $5M Seed — AI-powered contract review
PITCH DECKS & TOOLS ⚒️
Grasp $1.9M Pre-Seed - AI assistant for financial advisory
ViralMoment $2.5M Seed - AI to analyze short-form social videos on platforms like TikTok
Crosby Health $2.2M Seed - Clinical LLM to automate insurance appeals
Trending Business Tools
BONUS 🔥
THAT’S IT FOR TODAY
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