Persist AI, a San Francisco, CA-based AI-driven pioneer in drug formulation, announced that it closed an oversubscribed $4 million seed financing round following its completion of YCombinator. The round was led by 2048 Ventures, with the participation of Innospark Ventures, Fellows Fund, YCombinator, Pioneer Fund, and others. Pharmaceutical companies typically …
Jericho Security, a New York-based artificial intelligence cybersecurity startup, raised $3 million in pre-seed funding to combat the growing threat of generative AI-backed phishing attacks. The round was led by Era, with participation from Lux Capital LP, Textbook LLC, Thorntree Capital Partners LP, MetaLabs Inc, FoundersXFund LLC, Alcove Inc., Alumni …
Datasaur, a San Francisco, CA-based natural language processing (NLP) platform, announced that it closed $4 million in seed funding. The round was led by Initialized Capital, with participation from HNVR, Gold House Ventures, and TenOneTen. With this new investment, Datasaur's total funding reached $7.9 million. The latest investment will be …
Wisecut, a Miami, FL-based AI-powered video editing platform, has secured $1 million in funding from Silicon Valley investor Tim Draper. The company plans to use the funding to implement generative AI technology for summarizing audiovisual content and improving video editing processes. The company said it will incorporate OpenAI’s GPT-4 technology …
Fungies.io, a Palo, Alto, CA-based no-code SaaS platform for the gaming industry, closed an $850,000 pre-seed funding round. Notable investors in the round include firms Depo Ventures, Czechfounders.VC, Necto Labs, CV VC, Outlier Ventures, Tatum, and StartupYard. Fungies.io is a no-code SaaS platform to allow indie gaming studios to set …
Cerebry, a Singapore-based artificial intelligence (AI) edtech startup, raised $1 million in seed funding. The round was led by Vietnam-based venture capital firm Ascend Vietnam Ventures (AVV), with participation from Pentathlon Ventures and strategic investors. With the funding, Cerebry plans to continue expanding its AI-powered practice platform to offer adaptive …
RecruitBot, a San Francisco, CA-based hiring platform that revolutionizes the recruiting process, secured an additional $8.2 million in seed funding to further develop its AI-powered software. Slow Ventures led the funding round, and it saw participation from OCA, Freestyle, Parade, and Kevin Mahaffey. Since its launch, RecruitBot has raised a …
