Blaize, the AI computing innovator revolutionizing edge and automotive computing solutions, has announced that it has raised $71 million in the series D funding round co-led by Franklin Templeton and Temasek. The latest round also saw participation from DENSO and other investors. Speaking on the investment, JP Scandalios, senior vice president and portfolio manager at…
Tag: AI startup
AI startup Fireflies.ai raises $14m
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•AI startup Fireflies.ai has announced that it has raised $14m (Rs 100 Cr) in the latest financing round. The Series A round was led by Khosla Ventures, with participation from its seed investor, Canaan Partners. This follows a $5m seed round at the end of 2019. The enterprise AI company also announced that Sandhya Venkatachalam…
AI startup Argoid bags $1.7 million in seed funding
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•AI startup Argoid has raised $1.7 million in seed funding led by an early-stage fund – YourNext Capital. The funding round also saw participation from Turbostart and Team Launchpad.vc along with Catch NYC. The funds raised by the startup will be used to boost its technology and improve customer base and results. “Argoid’s mission is…
Jaipur-based AI startup NeoDove raises undisclosed funding
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•NeoDove, a leading AI driven contact center automation platform, announced that it has raised an undisclosed amount of funding led by Ankit Garg, founder of WakeFit and others. The startup boasts of over 100 clients from 16 states across Finance, Education, Automobile, NGOs and other industries. More than 1000 users are using their solution for…
Indore-based AI startup GenieTalk raises $750,000 from Shankeshwar Technologies
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•GenieTalk, a Conversational AI startup, announced it has raised its first round of angel investment of $750,000 from Shankeshwar Technologies LLP at a valuation of $10 million, according to YourStory report. The Indore-based startup will use the current funding for developing its SaaS-based platform that helps businesses build tailored and personalised AI-powered virtual assistants, more…
Kolkata-based Data Sutram raises Rs2 cr from Indian Angel Network
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•Data Sutram, an AI-based location intelligence company with a cloud-based B2B data marketplace product, announced that it has raised Rs 2 crore funding from Indian Angel Network (IAN) angels Uday Sodhi, Mitesh Shah, and Nitin Jain, according to a YourStory report. Speaking about the startup, Uday Sodhi, Lead Investor at IAN, said, “It is heartening…
NovaSight closes $8mn Series A Financing in quest to combat vision disorders worldwide
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•Israeli AI startup NovaSight recently announced today that it has finalized its round A financing totaling $8mn. The round was led by Rimonci Capital and joined by world-leading strategic investors from both pharmaceutical and medical device industries. Prior to this round the company had raised $8mn for a total of $16mn. The funds will be…
Nextbillion.ai raises $7 mn Series A funding led by Lightspeed India Partners and Falcon Edge Capital
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•Nextbillion.ai, a startup that offers a wide range of AI-powered hyperlocal solutions, from business mapping to data management, announced that it has raised $7 million in Series A funding, led by Lightspeed India Partners and Falcon Edge Capital. The company said that it will utilise the current financing to grow its team, product and R&D…
Microsoft’s venture fund opens first India office in Bengaluru
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•M12, Microsoft’s venture fund that empowers B2B entrepreneurs through investments, insight, and unparalleled access to Microsoft, announced that it has set up an office in Bengaluru that will bolster efforts in pursuing investment opportunities, according to an ETtech report. M12 is based in San Francisco, Seattle, London, and Tel Aviv. The local office will pursue…
AI-based startup Arturo raises $8mn in Series A funding round
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•AI-based analytics provider startup Arturo, recently announced that it has reached its Series A goal of $8mn. The funding round was led by Crosslink Capital, a leading early-stage venture capital firm based in San Francisco. The round also saw participation from IAG Firemark Ventures, the venture capital fund for IAG, Australia’s largest general insurer. After…