πŸ“Œ 6 AI Startups raise $50M+

BONUS: Top Seed Rounds in AI in 2024

πŸ—“οΈ Today’s 1 min recap:

  • Greeneye Technology raises a $20M Series C for its agricultural precision spraying technology

  • XFactor raises a $16M Series A for its revenue platform

  • AIPERIA raises a $8M Series A for its fresh food planning platform

  • VulnCheck raises a $4.8M Seed for its threat intelligence platform

  • Langdock raises a $3M Seed for its enterprise chat interface

  • 1 more round caught by my funding tracker

Read time: 2 minutes

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TOP PICKS πŸ“’

A detailed highlight

Amount: $20M πŸŽ‰

Round: Venture Round

Lead Investor: Deep Insight

Greeneye Technology offers an AI-powered precision spraying technology that targets herbicide application to where it’s needed, reducing unnecessary chemical use by 88%.

The system utilizes advanced sensors and ML algorithms to accurately identify and target weeds.

Amount: $16M πŸŽ‰

Round: Series A

Lead Investor: Accel, Mike Carpenter

Xfactor is an AI-powered revenue platform that integrates sales, marketing, and operations.

It leverages real-time data and AI modeling to help revenue leaders make intelligent, real-time decisions, thereby accelerating pipeline growth, increasing deal sizes, and improving win rates.

Amount: $8M πŸŽ‰

Round: Series A

Lead Investor: ETF Partners, LBBW VC

AIPERIA provides an AI-based planning platform that integrates multiple data points (like consumer demand and weather) to optimize the production and supply of fresh foods.

This helps in minimizing waste and improving profitability for retailers and suppliers. The platform has been adopted by approximately 2,600 stores, showing a 500% YoY growth.

Amount: $4.8M πŸŽ‰

Round: Seed

Lead Investor: Sorenson Capital

VulnCheck is a threat intelligence platform designed to enhance cybersecurity measures within organizations.

It integrates real-time data analysis with a comprehensive database of known vulnerabilities and exploits to provide prioritization tools to focus on the most critical threats first.

Additionally, it features an early-warning system that alerts users about potential exploits before they are actively attacked.

Amount: $3M πŸŽ‰

Round: Seed

Lead Investor: General Catalyst

Langdock is a chat interface designed to integrate various LLMs into corporate systems.

This interface allows companies to switch between different LLM providers easily, integrate sensitive documents for secure processing, and comply with stringent EU data protection regulations.

Notably, Merck has implemented Langdock’s interface for its 63,000 employees.

OTHER ROUNDS 🀏

Essential introductions

β†’Β Sapience Automata raises a $0.2M Seed - AI-powered driver assistance camera

AI PITCH DECKS πŸ”–

BONUSΒ πŸ”₯

For the most curious minds!

THAT’S IT FOR TODAY

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