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Record Funding Surge Propels Dozens of US AI Startups Over $100M in 2024
As the third quarter of 2024 came to a close, artificial intelligence companies had raised a staggering $18.9 billion in venture funding according to data from Crunchbase, representing an impressive 28% of overall venture investments.…
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Fresh Funding to Fuel Startup Growth Against Fattened Firms
As the private investment landscape continues to flourish, emerging companies are gaining greater resources to take on tech titans. Several startups secured sizeable rounds this week that can help level the playing field against…
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Numeric raises $28M Series A to automate accounting with AI-powered software
Accounting departments often spend many days each month finalizing financial records for closing periods. This book-closing process can be manual, tedious and error-prone. In 2020, Parker Gilbert co-founded Numeric to automate parts of this…
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Former SpaceX Leaders Launch $550 Million Venture Fund for Deep Tech Startups
Some prominent alumni of SpaceX, the pioneering private spaceflight company, are embarking on a new endeavor - launching their own venture capital firm focused on deep technology startups. Interlagos, based in El Segundo, California, was…
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Business icon and Tata Group chairman emeritus Ratan Tata passes away at 86
India: National icon and chairman emeritus of the Tata Group, Ratan Tata, passed away on Wednesday at the age of 86 in Mumbai. The industrialist had a illustrious career spanning over 50 years, during which he led the over $100 billion…
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Qantev Secures €30M Series B to Develop Targeted AI for Automating Health Insurance Claims
French health insurtech startup Qantev has raised €30 million in a Series B funding round to further develop its specialized artificial intelligence models that are tailored to automate insurance claims processing.
Founded in 2018 by…
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Genomics Platform Secures $10M to Enhance Data Analysis Accessibility
A platform developed to streamline genomic data analysis and make biological discoveries more accessible has secured $10 million in funding. MiLaboratories, based in San Francisco with R&D in Spain, has built a computational biology…
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Unify, an OpenAI Converge accelerator grad, lands $12M for ‘warm outbound’ messages
Unify, a startup that uses AI to power personalized outbound sales messaging, has raised $12 million in Series A funding. The round was led by existing investors Emergence Capital and Thrive Capital, along with participation from OpenAI…
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AI Mortgage Startup LoanSnap Loses Critical License in Connecticut After Failing to Comply with…
One of the pioneering firms utilizing artificial intelligence to simplify home lending has hit a major snag after losing its license to operate in Connecticut. LoanSnap, which had raised millions from prominent backers to digitalize the…
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South Korean Startup VESSL AI Raises $12M for Machine Learning Optimization Platform
A buzzing South Korean startup has landed a major round of funding to propel their platform aimed at streamlining machine learning model deployment. VESSL AI closed a $12 million Series A round that they will use to improve their machine…
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