AI Funding News Week Ending 7.19

Hey there, welcome to this week in AI funding. Well, technically, last week. I've been testing sending these out on Mondays, and engagement is way higher on Mondays. If you are new around here (thanks for subscribing) this is the time of the week again when we dive into who is raising money, who is acquiring who, and what's on the new frontiers in ai.

Let's dive in:

North America:

Pelotero Raises $3M in Seed Funding
Boston, MA - Pelotero, a player intelligence platform that combines data, coaching expertise, and AI to help coaches deliver personalized development in real time, raised $3M in seed funding.

Thoughtful AI Raises $20M in Funding
Austin, TX - Thoughtful AI, an AI-powered revenue cycle automation company, raised $20M in Series A funding.

EdgeRunner AI Raises $5.5M in Seed Funding
Seattle, WA - EdgeRunner AI, a startup building Generative AI for the edge, closed a $5.5M seed funding round.

aiXplain Raises $6.5M in Pre-Series A Funding
San Jose, CA - aiXplain, a provider of essential infrastructure for accelerated AI development, raised $6.5M in Series A funding.

Shaped.ai Raises $8M in Series A Funding
New York, NY - Shaped.ai, a provider of an AI recommendation and search platform for marketplaces, e-commerce, and content companies, raised $8M in Series A funding.

Gravitate Receives Growth Investment from Falfurrias Management Partners
Tulsa, OK - Gravitate, a provider of AI-enabled fuel management and energy logistics software, received an investment from Falfurrias Management Partners.

Exa Raises $22M in Series A Funding
San Francisco, CA - Exa, an AI research lab redesigning search for the AI age, raised $22M in seed and Series A funding.

Vectara Secures $25M in Series A Funding
Palo Alto, CA - Vectara, a provider of a generative AI product platform, raised $25M in Series A funding.

Jacobi Robotics Raises $5M in Seed Funding
Berkeley, CA - Jacobi Robotics, a developer of AI-powered motion planning technology, raised $5M in Seed funding.

EMEA:

CultureAI Raises $10M in Series A Funding
London, UK - CultureAI, a provider of a human risk management platform, raised $10M in Series A funding.

Edit Cloud Raises £2M in Funding
London, UK - Edit Cloud, a provider of a cloud-based, AI-powered editing platform, raised £2M in funding.

Leya Secures $25M in Series A Funding
Stockholm, Sweden - Leya, an AI-driven legal technology company, raised $25M in Series A funding.

Presti Raises $3.5M in Seed Funding
Paris, France - Presti, a startup specializing in AI-generated product photos, raised $3.5M in Seed funding.

Xapien Raises £8M in Series A Funding
London, UK - Xapien, an AI due diligence provider, raised £8M in Series A funding.

Amity Solutions Raises US$60M in Series C Funding
Bangkok, Thailand - Amity Solutions (ASOL), together with its parent company, Amity Corporation, raised US$60M in Series C funding.

Huma Closes Series D At Over $80M
London, UK - Huma, a global healthcare AI company, raised over $80M in Series D funding.

Acquisitions:

Squirro Acquires Synaptica
Zurich, Switzerland - Squirro, a provider of a SaaS platform specializing in enterprise-ready generative AI, search, and business insights, acquired Synaptica, a US-based provider of enterprise taxonomy management and knowledge graph systems.

Forwrd.ai Acquires LoudnClear.ai
New York, NY - Forwrd.ai, a provider of a data-science automation platform, acquired LoudnClear.ai, a provider of a multi-layered conversational AI platform for customer service teams.

Census Acquires Fulcrum
San Francisco, CA - Census, a provider of a data activation and reverse ETL platform, acquired Fulcrum, a provider of an AI-led growth platform for business teams.

Until next week.

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