📌 21 AI Startups raise $1.2B+

🗓️ Today’s 1 min recap:

• Abound raises a $1B Series B + Debt — AI-powered consumer lending

• Atlan raises a $105M Series C — Data and AI governance platform

• DatologyAI raises a $46M Series A — Automated training data curation

• RunPod raises a $20M Seed — GPU cloud platform

• Luzia raises a $19M Round — Personal AI assistant

• 16 more rounds caught by my funding tracker

Read time: 3 minutes

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TOP PICKS 📢

A detailed highlight

→ Abound

Amount: $1B 🎉

Round: Series B + Debt

Lead Investor: GSR Ventures

Abound is an AI-powered lending platform that analyzes bank transaction data for personalized loan assessments.

→ Atlan

Amount: $105M 🎉

Valuation: $750M

Round: Series C

Lead Investor: GIC, Meritech Capital Partners

Atlan is an AI governance platform that provides a data collaboration workspace designed to act as a central hub for data teams.

It integrates various data sources and tools into a single interface, facilitating better communication, workflow automation, and comprehensive data governance.

Notably, the company had a 400% enterprise sales growth in Q1 2024, as demand for AI data readiness and governance skyrocketed.

→ DatologyAI

Amount: $46M 🎉

Round: Series A

Lead Investor: Felicis

DatologyAI builds tools to automatically curate training datasets.

Their platform helps train models faster, get better performance and enables smaller models to achieve competitive performance with larger models.

→ RunPod

Amount: $20M 🎉

Round: Seed

Lead Investor: Dell Technologies Capital, Intel Capital

RunPod is a globally distributed GPU cloud platform that allows developers to develop, train, and scale AI applications.

Using RunPod’s two core products, GPU Cloud and Serverless, developers can spin up an on-demand GPU instance in a few clicks and create autoscaling API endpoints for scaling inference on AI models in production.

→ Luzia

Amount: $19M 🎉

Round: Venture Round

Lead Investor: monashees

Luzia is a personal AI assistant that aids users with everyday tasks, inquiries, and casual conversations.

Luzia understands and responds to simple voice or text commands. The free platform is available through its app, WhatsApp, Telegram and serves 40 million users.

OTHER ROUNDS 🤏

Essential introductions

→ Futura raises a $15M Series A — AI-powered personalised learning

→ Panax raises a $10M Series A — AI-powered cash flow management

→ Lucid Bots raises a $9.1M Series A — Autonomous robots to clean windows and building exteriors

→ Altera raises a $9M Seed — AI agents for gaming

→ Composabl raises a $4.25M Seed — No-code platform to build AI agents for manufacturing

→ In-House Health raises a $4M Seed — AI-powered scheduling and management platform for nursing teams

→ Superfy raises a $2M Round — AI-powered social network that matches users with people who can answer their question

→ Checkfirst raises a $1.5M Pre-Seed — AI-powered inspections and scheduling for businesses

→ Mavarick AI raises a $1.4M Pre-Seed — Enables sustainable manufacturing using AI-powered management and optimisation

→ 7 more rounds in the Funding Database

AI PITCH DECKS 🔖

→ Discover 60+ pitch decks from the latest AI Startups

New Pitck Deck: Read AI’s $21M Series A 👇🏼

BONUS 🔥

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THAT’S IT FOR TODAY

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Cheers,
Cheif AI Officer (CAIO)