Here’s the chubby list of 28 US AI startups which delight in raised $100M or extra in 2024 | TechCrunch – Techcrunch
For some, AI fatigue is valid — however clearly mission investors haven’t grown drained of the class.
In the first half of 2024 on my own, bigger than $35.5 billion modified into invested into AI startups globally, contemporary Crunchbase records stumbled on. 5 of the six mission rounds of bigger than $1 billion raised within the first half of 2024 were raised by AI companies.
Many a fashion of AI startups were ready to enhance mega-rounds of bigger than $100 million. U.S. startups raised two of the billion-dollar rounds within the first half of this year and nearly two-thirds, 64%, of the mega-rounds.
Here are the U.S.-primarily primarily primarily based AI companies that raised $100 million or extra up to now in 2024:
July
- Hebbia, $130 million: Andreessen Horowitz led the round for Hebbia that closed July 8. The startup, which makes exhaust of generative AI to plod searching tall paperwork, furthermore raised money from Peter Thiel, Index Ventures and Google Ventures and garnered a $700 million valuation.
- Skild AI, $300 million: Pittsburgh-primarily primarily primarily based Skild AI introduced a $300 million Sequence A round on July 9 that valued the corporate at $1.5 billion. The round modified into led by Lightspeed Endeavor Companions, Coatue and Jeff Bezos’ Bezos Expeditions with participation from Sequoia, Menlo Ventures and Normal Catalyst, amongst others. Skild AI builds tech to power robots.
June
- Engaging Machines, $106 million: BlackRock led a $106 million Sequence C round into Engaging Machines that closed on June 25. Nvidia, Microsoft and Eclipse Ventures, amongst others, furthermore participated. The startup makes every orderly robotics and AI-pushed instrument and has raised bigger than $437 million in full funding.
- Etched.ai, $120 million: San Francisco-primarily primarily primarily based Etched.ai raised a $120 million Sequence A round on June 25. The round modified into led by Predominant Endeavor Companions and Optimistic Sum with participation from Two Sigma Ventures, Peter Thiel and Kyle Vogt, amongst others. Etched.ai is working to invent chips that will well trudge AI fashions faster and more cost effective than GPUs.
- EvolutionaryScale, $142 million: Recent York-primarily primarily primarily based EvolutionaryScale is surroundings up biological AI fashions for therapeutic delight in. It raised a $142 million seed round that closed on June 25. The round modified into led by Lux Capital, used GitHub CEO Nat Friedman and Daniel Imperfect, an angel investor and used head of AI at Y Combinator. The company modified into primarily based in 2023.
- AKASA, $120 million: Healthcare income cycle automation platform Akasa introduced a $120 million round on June 18. The San Francisco-primarily primarily primarily based startup has smooth $205 million in full funding and has raised from investors, alongside side Andreessen Horowitz, Costanoa Ventures and Bond in prior rounds.
- AlphaSense, $650 million: Recent York-primarily primarily primarily based AlphaSense raised a $650 million Sequence F round that modified into introduced on June 11. The round modified into led by Viking World Investors and BDT & MSD Companions with participation from CapitalG, SoftBank Imaginative and prescient Fund and Goldman Sachs, amongst others. AlphaSense is a market intelligence platform primarily based in 2008. The company has raised bigger than $1.4 billion in mission funding and modified into most no longer too prolonged within the past valued at $4 billion.
May possibly presumably maybe
- xAI, $6 billion: Elon Musk’s xAI raised a jaw-losing $6 billion Sequence B round on May possibly presumably maybe 31 from investors, alongside side Sequoia, Valor Equity Companions and Constancy, amongst others. The startup is constructing an AI platform that can “hobble human scientific discovery” and is valued at an equally sexy $24 billion.
- Scale AI, $1 billion: Scale AI, a startup that presents records-labeling services and products to companies for coaching AI fashions, raised $1 billion in May possibly presumably maybe. The Sequence F round modified into led by Accel with participation from Tiger World, Spark Capital and Amazon, amongst others. San Francisco-primarily primarily primarily based Scale AI has raised bigger than $1.6 billion in full and is currently valued at nearly $14 billion.
- Suno, $125 million: AI-song creation platform Suno raised $125 million in a Sequence B round that closed on May possibly presumably maybe 21. The round values the Cambridge, Massachusetts, startup at $500 million. Founder Collective, Lightspeed Endeavor Companions and Matrix participated within the round apart from to used GitHub CEO Nat Friedman and used head of AI at Y Combinator Daniel Imperfect.
- Weka, $140 million: Silicon Valley-primarily primarily primarily based Weka created an AI-native records platform and raised $140 million in a Sequence E round that closed on May possibly presumably maybe 13. The funding modified into led by Valor Equity Companions with participation from Qualcomm Ventures, Nvidia and Hitachi Ventures, amongst others. The startup modified into valued at $1.6 billion.
- CoreWeave, $1.1 billion: Recent Jersey-primarily primarily primarily based GPU infrastructure provider CoreWeave raised $1.1 billion in a Sequence C round that closed on May possibly presumably maybe 1. Coatue led the round with participation from Constancy, Altimeter Capital and Magnetar Capital, amongst others. CoreWeave modified into launched in 2017 and is valued at $19 billion.
April
- Blaize, $106 million: AI computing platform company Blaize raised $106 million in a Sequence D round that modified into introduced on April 29. The round had participation from investors, alongside side Temasek, Franklin Templeton and Bess Ventures, amongst others. The company modified into primarily based in 2010 and has raised $242 million.
- Expand, $227 million: Palo Alto-primarily primarily primarily based Expand raised $227 million for its AI coding assistance startup. The startup’s Sequence B round modified into introduced on April 24. Lightspeed Endeavor Companions, Index Ventures and Sutter Hill Ventures participated within the round, which valued the startup fair skittish of $1 billion.
- Cognition, $175 million: Founders Fund led applied AI lab startup Cognition’s $175 million round that closed on April 24. This round came with regards to a month after the firm raised a $21 million Sequence A round in March from Founders Fund and a fashion of a fashion of investors, alongside side Ramp co-founder Eric Glyman, Stripe co-founders Patrick and John Collison, and DoorDash co-founder Tony Xu. The company modified into primarily based in November 2023 and is already valued at nearly $2 billion.
- Xaira Therapeutics, $1 billion: San Francisco-primarily primarily primarily based AI drug discovery startup Xaira Therapeutics raised a $1 billion Sequence A round. Foresite Capital and ARCH Endeavor Companions led the round that modified into introduced on April 23. Sequoia, NEA and Lux Capital participated within the round, amongst many others.
- Cyera, $300 million: Coatue led the contemporary $300 million Sequence C round into AI-powered records security platform Cyera that closed on April 9. The round valued Recent York-primarily primarily primarily based startup at $1.4 billion. Sequoia, Redpoint and Accel furthermore participated within the round, amongst others.
March
- Celestial AI, $175 million: Celestial AI, primarily based in 2020, is constructing an optical interconnect know-how platform for records centers and AI alternate choices and raised a $175 million Sequence C round on March 27, which introduced its full funding quantity to $338 million. The round modified into led by Thomas Tull’s US Innovative Know-how Fund with participation from M Ventures, Temasek and Tyche Companions, amongst others.
- FundGuard, $100 million: FundGuard is a Recent York-primarily primarily primarily based startup offering an AI-powered funding accounting working procedure that raised $100 million at a $400 million valuation. The Sequence C round closed on March 25 and modified into led by Key1 Capital with participation from Hamilton Lane, Blumberg Capital and Team8, amongst others.
- Together AI, $106 million: Salesforce Ventures led Together AI’s $106 million Sequence A round that valued the corporate at $1.2 billion. Together AI is a platform designed to aid make infrastructure and launch source generative AI for surroundings up AI fashions. NEA, Kleiner Perkins and Lux Capital furthermore participated within the round, amongst others. The round modified into introduced on March 13.
- Zephyr AI, $111 million: Fairfax Location, Virginia-primarily primarily primarily based Zephyr AI raised a $111 million Sequence A round that closed on March 13. Revolution Development, Eli Lilly and Company Basis, EPIQ Capital Crew and investor Jeff Skoll all participated within the round. The startup, primarily based in 2020, makes exhaust of AI to toughen drug discovery and precision treatment. It has raised $129.5 million full up to now.
February
- Salvage, $203 million: AI-pushed endeavor search startup Salvage raised $203 million in a February 27 round that valued the startup at $2.4 billion. The Sequence D round modified into led by Lightspeed Endeavor Companions and Kleiner Perkins with participation from Sequoia, Normal Catalyst and Databricks Ventures, amongst others. The Silicon Valley-primarily primarily primarily based startup has raised bigger than $350 million in mission funding and its founder, Arvind Jain, modified into no longer too prolonged within the past interviewed on TechCrunch’s Chanced on podcast.
- Figure, $675 million: Silicon Valley-primarily primarily primarily based AI robotics startup Figure raised a $675 million Sequence B round that closed on February 24. The round valued the startup at nearly $2.7 billion. Nvidia, OpenAI and Microsoft participated within the round, amongst others. The startup modified into primarily based in 2022 and has raised bigger than $850 million.
- Abridge, $150 million: Pittsburgh-primarily primarily primarily based Abridge, which makes exhaust of AI to transcribe medical conversations, raised a $150 million Sequence C round that closed on February 23. The round modified into led by Redpoint and Lightspeed Endeavor Companions with participation from USV, IVP and Spark Capital, amongst others. This round brings the six-year-ragged company’s valuation to $850 million.
- Recogni, $102 million: The company designs high-output however low-power AI interface alternate choices, and it raised a $102 million Sequence C round on February 20. The round modified into led by GreatPoint Ventures and Celesta Capital. Pledge Ventures, Mayfield and DNS Capital furthermore contributed to the round.
- Lambda, $320 million: San Francisco-primarily primarily primarily based deep studying infrastructure company Lambda raised $320 million in a Sequence C round that modified into introduced on February 15. The round modified into led by Thomas Tull’s US Innovative Know-how Fund with participation from Gradient Ventures, Mercato Companions and T. Rowe Fee, amongst others. Lambda has raised bigger than $900 million in mission capital and modified into most no longer too prolonged within the past valued at $1.5 billion.
- Magic, $117 million: AI coding startup Magic raised a $117 million Sequence B round that closed on February 12. The round modified into led by NFDG Ventures with participation from CapitalG and angel investor Elad Gil. The San Francisco-primarily primarily primarily based company has raised bigger than $145 million in full capital.
January
- Kore.ai, $150 million: A startup constructing conversational AI for enterprises, Kore.ai raised a $150 million Sequence D round that modified into introduced on January 30. FTV Capital led the round into the Orlando, Florida-primarily primarily primarily based company. Nvidia, Vistara Development, and NextEquity Companions participated as smartly, amongst others. Kore.ai modified into primarily based in 2013 and has raised bigger than $223 million in funding.
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