FruitPunch, an Eindhoven, Netherlands-based AI for good community, successfully raised €500,000 in a funding round led by Shamrock Ventures, with participation from LUMO Labs and several angel investors. The funding will enable FruitPunch AI to enhance its platform's features to support personalized learning journeys and expand into the HR market …

MindsDB, a Berkeley, CA-based cloud for serving artificial intelligence logic, announced that it raised an additional $25 million in financing, bringing total seed capital raised to $41.5 million and total funds raised to $50 million. The round was led by new investor Mayfield, along with participation from TQ Ventures and …

Beehive AI, a San Mateo, CA-based specialized AI platform for analyzing unstructured customer data, recently emerged from stealth and announced an oversubscribed $5.1 million seed round to support rapid growth. The round was led by Valley Capital Partners, with participation from prominent later-stage strategic partners representing some of the largest …

Loro Insurtech, a Dover, Delaware-based company that provides no-code insurance technology solutions, secured $750,000 in a seed funding round led by prominent insurtech investor Markd. The investment will fuel Loro's continued growth and enable the company to enhance its solution further. The funds will be used to expand the team, …

UpdateAI, a Pasadena, CA-based customer success platform powered by ChatGPT, secured a $2.3 million funding round, bringing UpdateAI's total financing to $4 million. IdealabX led the investment, with participation from Stage Venture Partners, Zoom Ventures, a16z's scout fund, and Howard Morgan. Over the past two years, UpdateAI has focused on …

Platformatic, a San Francisco, CA-based backend development platform for developers and enterprises, raised $3.5 million in funding and launched a suite of new enterprise-grade solutions. Decibel led the funding round, with participation from Panache Ventures and notable angel investors such as Tom Preston-Werner (GitHub founder), Feross Aboukhadijeh (Socket founder and …

Alcion, a San Francisco, CA-based modern data management startup, announced $8 million in seed funding and the public preview of its AI-driven Backup-as-a-Service (BaaS) platform. The round was from several notable angel investors, including Lip-Bu Tan, Chairman of Walden International and Intel Board Member; Abhinav Asthana, CEO and founder of …