AI Funding News Week Ending 7.12

Hello, future-forward thinkers and ai enthusiasts! We got another exciting journey through the bustling landscape of AI investments, where we uncover the giants and gems transforming industries one algorithm at a time.

From MedalTV's latest $13M boost in New York to Skild AI's jaw-dropping $300M round in Pittsburgh, the stakes are high and the ambitions even higher. Over in EMEA, Spotlight Medical in Paris is making strides with AI-driven prognosis tests, while across the ocean, Sanctuary AI in Vancouver is pushing the boundaries of robotic intelligence.

Let's dive in:

North America:

Medal Raises $13M in Funding at $333M Valuation
New York, NY - Medal, a provider of the MedalTV clipping app, raised $13M in funding at a valuation of $333M.

Regard Raises $61M in Series B Funding
Los Angeles, CA - Regard, an AI-powered clinical insights platform for clinicians, raised $61M in Series B funding.

Soda Raises $14M in Funding
New York, NY - Soda, an AI-enabled data quality company, raised $14M in funding.

Buildots Receives $15M Investment From Intel Capital
Santa Clara, CA - Buildots, an AI construction software company, raised $15M in funding from Intel Capital.

Fireworks AI Raises $52M in Series B Funding
Redwood City, CA - Fireworks AI, a genAI inference platform provider, raised $52M in Series B funding at a valuation of $552M.

Seismos Receives $15M Investment from Edison Partners
Austin, TX - Seismos, leveraging AI-powered acoustic sensing for structural insights, received a $15M investment from Edison Partners.

Hayden AI Raises $90M in Series C Funding
San Francisco, CA - Hayden AI Technologies, specializing in vision AI solutions for smart cities, raised $90M in Series C funding.

Octagos Health Raises Over $43M in Series B Funding
Houston, TX - Octagos Health, a provider of AI-driven cardiac device monitoring solutions, raised over $43M in Series B funding.

Nagish Raises $16M in Funding
New York, NY - Nagish, using AI to enhance communication accessibility for the deaf and hard-of-hearing, raised $16M in funding.

Rohirrim Receives Investment From Bessemer Venture Partners And IBM Ventures
Reston, VA - Rohirrim, an RFP AI automation platform provider, received investment from Bessemer Venture Partners and IBM Ventures.

Skild AI Raises $300M in Series A Funding
Pittsburgh, PA - Skild AI, an AI robotics company, raised $300M in Series A funding at a $1.5 billion valuation.

Biostate AI Raises $4M in Funding
Palo Alto, CA - Biostate AI, a scalable biodata foundry startup, raised $4M in funding.

Phaidra Raises $12M in Funding
Seattle, WA - Phaidra, providing an AI-based control system for data centers to improve energy efficiency, raised $12M in funding.

EMEA:

Spotlight Medical Raises €6.2M in Seed Funding
Paris, France - Spotlight Medical, a startup developing AI-driven prognosis tests, raised €6.2M in Seed funding.

AIRS Medical Raises $20M in Series C Funding
Seoul, South Korea - AIRS Medical, specializing in AI and robotics for healthcare applications, raised $20M in Series C Funding.

Sanctuary AI Receives Financing From BDC Capital and InBC
Vancouver, BC, Canada - Sanctuary AI, creating human-like intelligence in general purpose robots, received financing from BDC Capital’s Thrive Venture Fund and InBC Investment Corp.

Synerise Raises $8.5M in Series B+ Funding Round
Krakow, Poland - Synerise, specializing in AI-driven behavioral modeling and big data solutions, raised $8.5M in Series B+ funding.

Enso Raises $6M in Seed Funding
Tel Aviv, Israel - Enso, an ecosystem of Guided AI Agents offering SMBs AI-powered Service-as-a-Software, raised $6M in Seed funding.

Phyron Closes EUR10M Series B Funding
Stockholm, Sweden - Phyron, an AI video tech company, raised EUR10M in Series B funding.

Gendo Raises €1M in Pre-Seed Funding
London, UK - Gendo, a provider of an AI platform for architects and designers, raised €1M in Pre-Seed funding.

Digital Iron Raises £1.6M in Pre-Seed Funding
Belfast, Northern Ireland, UK - Digital Iron, providing an AI-driven platform for the heavy machinery dealership industry, raised £1.6M in Pre-Seed funding.

Vortex IQ Raises £790K in Pre-Seed Funding
London, UK - Vortex IQ, providing an AI-powered automation platform for e-commerce, raised £790K in Pre-Seed funding.

Acquisitions

SoftBank Group Acquires Graphcore
Bristol, England, UK - Graphcore, an AI computing company, has been acquired by SoftBank Group Corp.

Sharon AI Acquires Distributed Storage Solutions For US$25M
Sharon, PA, USA - Sharon AI, a provider of high-performance computing for AI cloud GPU compute infrastructure, acquired Distributed Storage Solutions, an Australian Filecoin storage provider, for $25M.

ConverseNow Acquires Valyant AI
Austin, TX - ConverseNow, a voice AI technology platform provider, acquired Valiant AI, specializing in restaurant drive-thru automation technology.

Robinhood Acquires Pluto
Los Angeles, CA - Robinhood Markets, Inc. acquired Pluto Capital Inc., an AI-powered investment research platform provider.

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