AI Funding News: Week Ending 02.2

Welcome to this week’s roundup of funding in AI and robotics!

I know I've been mentioning fiscal years according to the traditional calendar year, but for a lot of startups Feb 1 marks the new fiscal year.

So if you fall in that category congrats on the new year!

That being said...

COMING SOON: Year end report of investments across AI and Robotics. Breaking down investments by sector and dollar amount, etc.

This year end report will be from Feb - Feb as the data I am working with is more accurate during that timeframe.

Ok Let's dive in. This week we have TON of acquisitions:

USA:

ArteraAI Raises Additional $20M in Funding - San Francisco, CA - ArteraAI, a developer of multimodal artificial intelligence (MMAI) based predictive and prognostic cancer tests, raised an additional $20M in funding.

LightBeam Raises $17.8M in Funding - Palo Alto, CA - LightBeam.ai, a zero trust data protection company, raised $17.8M in funding.

Indemn Raises $1.9M in Pre-Seed Funding - NYC, NY - Indemn, a provider of an AI-powered conversational insurance platform, raised $1.9M in Pre-Seed funding.

Codeium Raises $65M in Series B Funding - Mountain View, CA - Codeium, a provider of a generative AI-powered coding toolkit, raised $65M in Series B funding.

Kore.ai Secures $150M in Funding - Orlando, FL - Kore.ai, an enterprise conversational and generative AI platform technology company, raised $150M in funding.

Sema4.ai Raises $30.5M in Funding - San Francisco, CA - Sema4.ai, a startup that brings open source powered AI to mission-critical enterprise work, raised $30.5M in funding.

Alinea Invest Raises $3.4M in Seed Funding - NYC, NY - Alinea Invest, a provider of an AI-powered wealth management app for Gen Z women, raised $3.4M in seed funding.

EMEA:

Aim Security Raises $10M in Seed Funding - Tel Aviv, Israel - Aim Security, a cybersecurity startup offering enterprises a GenAI security platform, raised $10M in Seed funding.

Evaro Raises $1.5M in Seed Funding - London, UK - Evaro, a digital health startup providing AI-powered clinical and drug prescription services for minor conditions, raised $1.5M in Seed funding.

Traidy Raises $2M in Funding - Dubai, UAE - Traidy, a company enhancing the investor experience with AI-driven insights, raised $2M in Pre-Seed funding.

Wondercraft Raises $3M in Seed Funding - London, UK - Wondercraft, an AI audio content company, raised $3M in Seed funding.

APAC:

Coxwave Raises $3.5M in Funding - Seoul, South Korea / San Francisco, CA - Coxwave, a provider of an analytics infrastructure for AI-native product creation, raised $3.5M in funding.

Acquisitions:

Databricks Acquires Einblick- San Francisco, CA / Boston, MA - Databricks, a data and AI company, acquired Einblick, an AI-native collaboration platform that simplifies solving data problems with just one sentence.

Quantum5 Acquires Trivie - Scottsdale, AZ / Frisco, TX - Quantum5, a provider of a holistic learning ecosystem, acquired Trivie, a workforce engagement platform that utilizes AI-generative tools for personalized learning content and community building.

Fabric Acquires Gyant - NYC, NY / San Francisco, CA - Fabric, a health tech company, acquired Gyant, a conversational AI care assistant and patient engagement suite, enhancing health organizations' patient navigation and scheduling automation.

Protect AI Acquires Laiyer AI - Seattle, WA / Berlin, Germany - Protect AI, an AI and ML security company, acquired Laiyer AI, a provider of a security solution for enhancing LLM interaction security.

Accenture Closes Acquisition of Ammagamma - Modena, Italy - Accenture has completed the acquisition of Ammagamma, a firm that helps companies advance their uses of AI and generative AI technologies.