Eksentricity’s Post

As applications, intelligence, and security gravitate towards where #data and compute are most abundant, companies like Snowflake become crucial in driving growth, scalability, and accessibility in the realms of #AI and #Quantum. Tomorrow at 10 am BST, join us, Project A, and EQT Ventures as we dive into the impact of these technologies. We're also on the lookout for design partners interested in next-level solutions for customer services, molecular modelling, steel production, and risk analytics. Peter Mebane Niels ter Keurs Julius von Selchow #kmjp https://lnkd.in/d6Wr2gRb

🚀 RapidCanvas Raises $16M in Series A to Drive AI Business Transformation RapidCanvas, an AI platform revolutionizing business transformation, has secured $16 million in Series A funding led by Peak XV Partners. With additional backing from Titanium Ventures, Accel, and Valley Capital Partners, the company's total funding has now reached $23.5 million since its 2021 inception. The fresh capital will help RapidCanvas expand its AI-driven offerings, positioning it as a leader in automating business processes. CEO Rahul Pangam highlights their “Reliable AI framework,” which ensures validated, explainable outputs to drive impactful results within weeks. In an era of increasing AI adoption and technical talent shortages, RapidCanvas is solving critical challenges by deploying AI agents capable of automating up to 75% of tasks previously handled by data scientists and engineers. These agents, powered by Large Language Models (LLMs), process vast data with unmatched efficiency, accelerating AI deployment for businesses. With partnerships across manufacturing and financial services, RapidCanvas is poised to transform industries globally. 🚀 https://lnkd.in/fzpnPPW #ai #businesstransformation #techinnovation #fundingnews #fintech #rapidcanvas #artificialintelligence #startupfunding #venturecapital #techstartups #digitaltransformation #machinelearning #businessgrowth #aiinbusiness #futureofwork RapidCanvas

#fundingalert 💼Company: QuantexAI 💰Funding: $1M ⚡Round: Pre-Seed Funding 👥Investors: FoodLabs QuantexAI, an innovative startup in the field of Generative AI and Data Science, has announced its emergence from stealth mode, having successfully secured $1 million during its pre-seed funding round. This milestone marks a significant step forward in the company’s mission to democratize data science for enterprise users, especially those with minimal technical background. QuantexAI emerges from stealth with $1M pre-seed funding, democratizing data science for enterprise users. Read more -https://lnkd.in/dvAq4XiD To share your startup story write us on - [email protected] #Fundingnews #investment #QuantexAI #technologies #datascience #enterprices

Pathway, a data company that builds live AI, has raised $10 million in its seed round led by TQ Ventures, with participation from Kadmos and Id4 Menlo Park, California. Pathway is building the foundations for enterprise AI systems that think and learn in real-time as humans do. Underpinned by the fastest data processing engine on the market, Pathway's offering includes infrastructure components that fuel live AI systems from dynamic sources of structured and unstructured data, enabling decision-making based on always up-to-date knowledge. Its offering includes infrastructure components fuel live AI systems from dynamic sources of structured and unstructured data, enabling decision-making based on always up-to-date knowledge. CEO: Zuzanna Stamirowska Follow Rise & Shine for daily funding deals. Stay ahead, stay motivated with www.risehine.in #ai #startup #funding

Announcing another workshop at AI Hackathon May 2024: "Unlocking Success: The Power of Customer Personas in Tech Startups" by Jacob White. Join us to learn how to leverage customer personas for business growth. #AIHackathon #TechStartups #CustomerPersonas #AI #ML #Tech #Hackathon

Short story time kids, strap in. When Mihir T. set out to build Ostrich AI, his goal was simple - make it easier for businesses of all sizes to actually use AI effectively. For some reason, he then reached out to me and asked me to jump aboard, so I did. Why? That's cuz Mihir doesn't mess around and if he was gunning for this, then this is something worth putting effort in. And it's showing - This month, Ostrich AI ranked among the #Top15 AI Infrastructure companies globally on F6S, out of a staggering 1.9 million startups worldwide. It’s humbling to see our vision resonate with the global AI community, earning us the #12 spot in this competitive space. F6S is where innovation meets opportunity— connecting startups to resources, investors, and communities that drive change. The fact that we ranked 12th is a big one for us but in typical Asian-parent fashion, that means we have 11 more companies to be better than! This recognition isn’t some platitude really - it's just a reminder for us that we've got ways to go and we plan on going all the way. Stick around, it'll be a hoot. Take a look at the rankings here: https://lnkd.in/d8AvqVh9 #AIInfrastructure #Innovation #DemocratizingAI #OstrichAI #StartupJourney

Austin-based RapidCanvas, founded by Rahul Pangam and Uttam Phalnikar, has raised $16M in Series A funding to address the global tech talent shortage with its innovative AI agents. RapidCanvas combines generative AI and human expertise to automate up to 75% of tasks traditionally handled by data scientists and engineers. The Series A funding round was led by Peak XV Partners, with additional participation from Titanium Ventures existing investors Accel and Valley Capital Partners. This brings RapidCanvas's total funding to over $23.5M since its inception in 2021. The funding will support RapidCanvas in scaling its platform, enabling enterprises to deploy custom AI solutions 10X faster and at 80% lower cost. With a unique "Service-as-Software" model, RapidCanvas is redefining automation by delivering measurable business outcomes, helping companies unlock growth and efficiency in record time. Harshjit Sethi Steve Schmidt Dinesh Katiyar Steve O'Hara Alok Bathija Antonio E. Stephen Wong Mayuresh (Mayur) Kshetramade Divya V Kavya Ram Mohan Yash Patel Gurpreet Ghuliani Saad Siddiqui Rohit Vakulabharanam Mark Bahl Hiranyagarbh Narale John Forrest Santiago Covarrubias Nitin Gupta Ray Hsu James Nisbet Shubham Khandelwal Saurabh Thakral Fuge Zou

The top five #AI lessons learned from IBM’s presence at SaaStr 2024! Spoiler alert: whether you're an #ISV or a #startup, you may want to check out what IBM is bringing to these partners in its #ecosystem. It's no longer only about the major players in the market but about everyone where a major part of the #innovation will stem from. Link: https://lnkd.in/eSScUQai

#b2b #ai #aistartup #fundingalert #starupfunding RapidCanvas, an AI platform for business transformation, has raised $16 million in a Series A funding round led by Peak XV Partners. The round also saw participation from Titanium Ventures, Accel, and Valley Capital Partners, bringing the company’s total funding to $23.5 million since its founding in 2021. As AI adoption grows, the shortage of technical talent has become a significant hurdle for businesses. RapidCanvas tackles this challenge with AI agents that can automate up to 75% of tasks traditionally handled by data scientists and engineers. Powered by Large Language Models (LLMs), these agents can process vast amounts of data with remarkable efficiency, helping enterprises bypass conventional limitations and speed up AI deployment. Founded by Pangam and Uttam Phalnikar, RapidCanvas has already partnered with companies in sectors like manufacturing and financial services. The startup came out of stealth mode after $7.5 million in seed funding led by Accel, with participation from Valley Capital Partners, in March this year. Read on