πŸ“Œ 7 AI Startups raise $50M+

BONUS: AI Fundraising Rumors

πŸ—“οΈ Today’s 1 min recap:

  • Basemark raises a $24M Series B for its automotive AR platform

  • Prem AI raises a $14M Seed to build custom enterprise LLMs

  • Archetype AI raises a $13M Seed for its physical world model

  • Today raises a $5M Seed for its web3 social simulation game

  • JARS AI raises a $3.5M Seed for its interactive shows platform

  • 2 more rounds caught by my funding tracker

Read time: 2 minutes

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TOP PICKS πŸ“’

A detailed highlight

Amount: $24M πŸŽ‰

Round: Series B

Lead Investor: ETF Partners

Basemark’s software, Rocksolid AR, is an AI-powered computer vision system that enables carmakers to develop their own AR applications for Heads-up Displays (HUDs).

Rocksolid AR enables OEMs to develop AR solutions by combining an AR development studio with an interconnected AR SDK to build bespoke AR applications that reflect their unique brands.

Amount: $14M πŸŽ‰

Round: Seed

Lead Investor: Co-founder of Sequoia Capital China, David Maisel, Alon Lifshitz

Prem Labs, an open-source AI research lab, offers a platform that businesses can use to create, train and fine-tune their own AI models.

They also offer on-premise deployment, giving clients full control of their AI model and data.

Amount: $13M πŸŽ‰

Round: Seed

Lead Investor: Venrock

Archetype AI has built a model called Newton that understands the physical world by combining multimodal sensor data (accelerometers, gyroscopes, radars, cameras, microphones, etc) with natural language to unlock insights in real time.

It allows users to ask questions about the physical environment and take informed actions.

Amount: $5M πŸŽ‰

Round: Seed

Lead Investor: Big Brain Holdings, Sfermion

Today is a web3 social simulation game focused on building a community on a virtual island.

The game's core feature is its NPCs (Non-Player Characters) powered by AI to offer realistic conversations and dynamic personalities that evolve over time.

Amount: $3M πŸŽ‰

Round: Seed

Lead Investor: Gradient Ventures

JARS AI is a web-based platform for creating personalized shows using LLMs.

It offers a set of narratives called "JARS" and generates episodes based on submissions shared in a live chat. For example, one show dubbed "JARS Tank" riffs off "Shark Tank," where JARS AI users submit startup ideas for a character to pitch.

OTHER ROUNDS 🀏

Essential introductions

β†’Β zypl ai raises a $1.2M Convertible Note - AI-powered credit scoring models

β†’Β Black Swan raises a $1M Pre-Seed - AI-powered satellite autonomy

AI PITCH DECKS πŸ”–

BONUSΒ πŸ”₯

For the most curious minds!

THAT’S IT FOR TODAY

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