OpenAI Fund Extends Investment in Adaptive Security, Bringing Series A to $55M
Adaptive Security, a New York-based AI social engineering prevention company, has raised a total of $55 million through a follow-on investment from the OpenAI Startup Fund. Investors The OpenAI Startup Fund is a venture capital initiative established by OpenAI to invest in early-stage startups that leverage artificial intelligence. The fund’s …
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Penguin Ai Secures $29.7 Million in Funding
Penguin Ai, a Palo Alto, CA-based healthcare AI company tackling administrative inefficiencies, has raised $29.7 million in funding. Investors The round included $25 million Series A led by Greycroft. Other participants in the financing include UPMC Enterprises, SemperVirens, Snowflake Ventures, Watershed Ventures, Horizon Mutual Holdings, ManchesterStory, Overwater Ventures, California Health …
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Marloo Raises $2.7 Million in Funding
Marloo, an Auckland, New Zealand–based company that provides an AI assistant for financial advisers, has raised $2.7 million in funding. Investors The round was led by Blackbird Ventures, with participation from CoVentures and several prominent fintech leaders and founders. Blackbird Ventures is one of the largest and most prominent venture …
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Brain Co. Raises $30 Million in Series A
Brain Co., a San Francisco, CA-based AI company that provides AI-powered applications and solutions, has raised $30 million in a Series A round. Investors The round was led by Affinity Partners and Gil Capital. Other investors include Ali Ghodsi (CEO of Databricks), Andrej Karpathy (AI researcher and former Tesla/OpenAI executive), …
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Sophont Secures $9.22 Million in Funding
Sophont, a Palo Alto, CA–based medical AI startup developing multimodal medical foundation models, has raised $9.22 million across its pre-seed and seed rounds. Investors The round was led by Kindred Ventures, with participation from Upfront Ventures, Delphi Ventures, Jeff Dean (Google DeepMind), Logan Kilpatrick (Google DeepMind), Lukas Biewald (Weights & …
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Jam 7 Secures Seed Funding Round
Jam 7, a UK-based company creator of the agentic marketing platform (AMP), has secured a seed funding round. Investors The round was led by Stephen Altman, founder of New World Private Equity Partners, a London-based, sector-agnostic private equity and venture capital firm established in 1999. The firm partners with high-growth …
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TrueMeter Raises $4 Million in Seed Round
TrueMeter, a San Francisco, CA-based AI-powered platform for automating energy savings for multi-location businesses, has raised $4 million in seed funding, bringing its total funding to over $5.5 million. Investors The round was led by Ulu Ventures, with participation from Pear VC, e2.vc, RiverPark Ventures, Flex Capital, Sarah Smith Fund, …
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