Lume (YC W23), the AI-powered data mapping startup, recently raised $4.2 million in seed funding, backed by General Catalyst, Khosla Ventures, Y Combinator, and others. Founded by Stanford alumni Nicolas Machado, Nebyou Zewde, and Robert Ross, Lume aims to solve the long-standing challenges of data integration. Their platform uses advanced AI to automate data mapping, converting complex nested data formats into a standardized, seamless flow across systems. This breakthrough allows companies to integrate data faster and with fewer manual processes, saving both time and resources. With this fresh funding, Lume plans to double its team and continue its mission to make data integration smoother for clients ranging from startups to Fortune 500 companies. Read more here: https://lnkd.in/gzJKBjUj
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𝐀𝐈 𝐒𝐭𝐚𝐫𝐭𝐮𝐩 𝐇𝐞𝐛𝐛𝐢𝐚 𝐑𝐚𝐢𝐬𝐞𝐬 $𝟏𝟑𝟎𝐌 𝐚𝐭 𝐚 $𝟕𝟎𝟎𝐌 𝐕𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧 Hebbia, an AI-powered document analysis platform, closed a $130M Series B led by Andreessen Horowitz. The company's tech can ingest & summarize large documents & answer complex business questions. This round highlights the growing investor appetite for high-growth AI startups with strong revenue traction. #Hubextech #AI #MachineLearning #GenerativeAI #Funding #Startups #SiliconValley #TechCrunch #AndreessenHorowitz #Investment
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2023 marked a record-breaking year for generative AI startups, attracting an impressive $21.8 billion in equity funding across 426 deals.* This surge in investment highlights the crucial role #GenAI plays in enhancing venture building, from streamlining product development to accelerating market entry. Explore how it is driving future business successes 👇 #generativeai #venturebuilding #innovation #businessgrowth --- *Data source: CBInsights
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🚀 Introducing JESR: Revolutionizing Investor Due Diligence for Startups🚀 We're thrilled to announce the launch of JESR’s LinkedIn page, a platform designed to automate the due diligence process for startups. Leveraging Generative AI, JESR provides tailored reports that empower startups with crucial insights into potential investors. As part of the team behind this innovative tool, I've been immersed in software development and data analysis, gaining invaluable insights and skills. This journey has not only been a profound learning experience but has also highlighted the transformative impact our platform can have on the startup ecosystem. Thank you to everyone who's joined us on this journey so far. Follow JESR on LinkedIn and stay tuned for an exciting journey ahead as we bring our vision to life! #StartupFunding #InvestorDueDiligence #GenAI #TechInnovation #JESR
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Menlo Ventures and Anthropic have partnered to create The Anthology Fund. This is a $100 million USD initiative created to fuel the next generation of AI startups. The Anthology Fund will invest in companies from seed to expansion stages, with investments starting at $100,000 (and up!). They are focusing on five key areas where entrepreneurs are innovating with Anthropic: AI infrastructure—including DevX tools and middleware—that advances the use of Claude and other LLMs, accelerating their adoption and capabilities. Frontier/novel applications of AI that will transform bio, healthcare, legal, financial services, supply chains, cloud infrastructure, and cyber security. While we highlight those areas, we are committed to backing exceptional ideas across all sectors. Consumer AI solutions that transform the user experience by seamlessly integrating LLMs as core components driving interactions. Trust and safety tooling (at or above the model layer) that enhances AI safety and offers scalable, profitable solutions for responsible AI deployment. AI apps and tech that maximize societal benefits, such as new forms of education/training, job creation solutions, and tools that expand accessibility. Startups interested can apply at the link below. #genai #startups #funding #innovation
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The 'godmother of AI' Fei-Fei Li, reportedly raised about $100 million in funding to build her startup, World Labs. According to the Financial Times' sources, World Labs raised the capital over two funding rounds, the most recent of which valued the company at more than $1 billion. The company’s investors are said to include Andreessen Horowitz and Radical Ventures, a Toronto-based venture fund where Li is a scientific partner. It’s likely that a sizable portion of the $100 million that World Labs has reportedly raised will go towards AI infrastructure. https://lnkd.in/e6MS7ERa #AIHWEdgeAISummit #AI #EdgeAI #AIHardware #Partnership
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How AI has been transforming startup investing this year. 😇 🤖 Angel investing in AI startups isn't just about financial returns but also about being part of a revolutionary journey. I'm continuously fascinated by how AI is reshaping industries and creating new market opportunities. This year, I've had the privilege of investing in startups and working with brilliant founders who are leveraging AI to solve complex problems and bring innovative solutions to market. It's thrilling to see how AI is not only a game-changer for businesses but also for investors who are keen to back the next big innovation. Angel investing in AI is more than an investment; it's a commitment to the future of technology and innovation. At Angel Investing School, we share access to deals from various industries like AI and robotics. Want to learn more? Visit https://lnkd.in/eHtERXc4
Angel Investing School
https://angelinvestingschool.com
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Rogo, an AI startup, has just raised $18.5 million in Series A funding, led by Khosla Ventures. Rogo is building Wall Street's first AI-powered financial analyst, aiming to transform the productivity of financial professionals through automation. Congrats to Gabriel Stengel and the team at Rogo! Check out the full article for more insights on this exciting development. #AI #Finance #TechNews #Startups #Innovation #VentureCapital #RogoAI #FinancialServices
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Last year at Data Science Salon ATX, I had the incredible opportunity to sit down with Gopinath Sundaramurthy, from Ensemble VC for a fireside chat about: The (Data) Science Behind Identifying Unicorns and Camels" in the startup ecosystem. 🦄🐪 We talked about what defines a Unicorn and a Camel in the #startup world, discussing why, in many cases, being a Camel—capital-efficient and resilient—can be more advantageous than being a Unicorn. We also explored the critical role of #VCs in identifying these companies early on in their journey, and how this aligns with the power law dynamics of venture capital. Check out the recording [link in comments] As we gear up for #DSSATX 2025 with Oracle on Feb 12-13, 𝘄𝗲 𝗮𝗿𝗲 𝗹𝗼𝗼𝗸𝗶𝗻𝗴 𝗳𝗼𝗿 𝗳𝗼𝘂𝗿 𝗶𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝘃𝗲 𝘀𝘁𝗮𝗿𝘁𝘂𝗽𝘀 𝘁𝗼 𝗳𝗲𝗮𝘁𝘂𝗿𝗲 𝗶𝗻 𝗼𝘂𝗿 𝘀𝗵𝗼𝘄𝗰𝗮𝘀𝗲. 𝗜𝗳 𝘆𝗼𝘂'𝗿𝗲 𝗮 𝗳𝗼𝘂𝗻𝗱𝗲𝗿 𝗼𝗳 𝗮𝗻 𝗔𝗜/𝗠𝗟 𝘀𝘁𝗮𝗿𝘁𝘂𝗽 𝗮𝗻𝗱 𝗿𝗲𝗮𝗱𝘆 𝘁𝗼 𝗽𝗶𝘁𝗰𝗵 𝘆𝗼𝘂𝗿 𝘃𝗶𝘀𝗶𝗼𝗻 𝘁𝗼 𝗮 𝗽𝗮𝗻𝗲𝗹 𝗼𝗳 𝘁𝗼𝗽-𝘁𝗶𝗲𝗿 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀, 𝘄𝗲 𝘄𝗮𝗻𝘁 𝘁𝗼 𝗵𝗲𝗮𝗿 𝗳𝗿𝗼𝗺 𝘆𝗼𝘂! Apply here to be part of our startup showcase: https://lnkd.in/gqBDnxWg #DataScience #Startups #VentureCapital #machinelearning #AI #genAI
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Auquan, a startup focused on AI solutions for financial services, has raised an additional $4.5 million in seed funding, bringing its total raised to $8 million. This latest funding round was led by Peak XV’s Surge program, with participation from Neotribe Ventures. #auquan #ai #funding #investmentnews #businessnews #m18infinity #m18infinitymedia
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The world of startups is being split into two by the arrival of generative AI (GenAI), and those who can leverage this new technology ahead of their peers will have a significant advantage in attracting funding, according to Dave Richards, co-founder and managing partner of Capria Ventures.
GenAI to separate the haves from the have-nots in startup world, says Capria's Dave Richards
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