Daydream, a New York-based new e-commerce search engine, has raised a massive $50 million in seed funding. The company plans to launch the platform in beta to U.S. consumers this fall, focusing initially on the fashion vertical. Investors The round was led by Forerunner Ventures and Index Ventures, with participation …

Materia, a New York-based comprehensive generative AI platform built for public accounting firms, has launched with over $6.3 million in funding. Investors The round was led by Spark Capital, with participation from Haystack Ventures Thomson Reuters Ventures, Exponential Founders Capital, and the Allen Institute for AI. Founded in 2005, Spark …

FairNow, a McLean, Virginia-based provider of AI governance software, secured $3.5 million in seed funding. Investors The round was led by Somen Mondal and Shaun Ricci. FairNow Use of Funds The company will use the funding to accelerate its mission of equipping enterprises with a governance platform that manages AI-related …

Wordsmith, an Edinburgh, Scotland-based AI-powered legal assistant platform, raised $5 million in seed funding. Investors The round was led by Index Ventures, with participation from General Catalyst and angel investors including Skyscanner founder Gareth Williams. Index Ventures, founded in 1996 with offices in London, San Francisco, and Geneva, partners with …

NationA, a South Korea-based generative AI startup, raised KRW 2 billion in pre-Series A funding. Investors The round saw participation from prominent investors including Mirae Holdings, Hana Securities, Magna Investment, and Infobank. NationA Use of Funds The company will use the funding to enhance product offerings, scale global operations, and …

GrayMatter Robotics, a Los Angeles, CA-based AI-powered robotics solution for manufacturing, secured $45 million in Series B funding, bringing its total raised to $70.4M. Investors The round was led by Wellington Management, with participation from NGP Capital, Euclidean Capital, Advance Venture Partners, SQN Venture Partners, and several existing investors. Wellington …

Dynamiq, a San Francisco, CA-based startup focusing on developing an operational platform for corporate generative AI applications, secured a pre-seed investment round. Investors The round was led by TA Ventures, with participation from Geek Ventures, u.ventures, and Diaspora Ventures. TA Ventures is an early-stage venture capital firm that backs companies …