Inflection: The company raised $225 million of venture funding from undisclosed investors on May 12, 2022. The company is a developer of an artificial intelligence (AI) platform designed to improve human-computer interaction.
Hugging Face: The company raised $100 million in Series C venture funding in a deal led by Lux Capital on May 9, 2022, putting the company’s pre-money valuation at $1.9 billion. Coatue Management, A.Capital, AIX Ventures, Betaworks Ventures, Addition, Olivier Pomel, Rich Kleiman, SV Angel, Kevin Durant, Sequoia Capital, and other undisclosed investors also participated in the round. The company is a developer of a chatbot application and natural language processing (NLP) technologies designed to facilitate AI-powered communication.
Vention: The company raised $95 million of Series C venture funding in a deal led by Georgian on May 10, 2022. Fidelity Investments Canada, Bolt Ventures, White Star Capital, and Bain Capital Ventures also participated in the round. The company is a developer of a cloud-based digital manufacturing platform designed to make industrial automation easier and more accessible.
SkySpecs: The company raised $80.2 million of Series D venture funding in a deal led by Goldman Sachs Asset Management on May 13, 2022, putting the company’s pre-money valuation at $145 million. Statkraft Ventures, UL Ventures, Evergy Ventures, Equinor Ventures, Huron River Ventures, and Nextera Investments also participated in the round. The company is a provider of autonomous drone inspection services designed to inspect onshore and offshore wind turbines.
Nanotronics: The company raised $55.8 million of venture funding from Meyer Keith Ventures and undisclosed investors on May 13, 2022, putting the company’s pre-money valuation at $700 million. The company is a developer of robotic industrial microscopic devices designed to improve industrial image inspection and analysis.
Eridan: The company raised $46 million of venture funding in a deal led by Monta Vista Capital and Capricorn’s Technology Impact Fund on May 12, 2022. Diamond Edge Ventures, Social Capital and Pilot Grove Management also participated in the round. The company is a developer of a radio frequency communication technology designed for energy-efficient and spectrum-efficient 5G transmission.
Tidio: The company raised $25 million of Series B venture funding in a deal led by PeakSpan Capital on May 12, 2022. Inovo, Rafał Brzoska and other undisclosed investors also participated in the round. The company is a developer of a cloud-based live chat platform designed to help businesses communicate with their customers.
Improvado: The company raised $22 million of Series A venture funding in a deal led by Updata Partners on May 12, 2022. The company is a developer of an online middleware software designed to integrate and aggregate data from social platforms all in one place.
Fusus: The company raised $21 million of venture funding from undisclosed investors on May 13, 2022. The company is a developer of cloud-based video situational analysis software designed to offer situational awareness and investigative capabilities for law enforcement and public safety agencies.
Predibase: The company raised $16.5 million of Series A venture funding in a deal led by Greylock Partners on May 10, 2022. The Factory, Anthony Goldbloom, Ben Hamner, Zoubin Ghahramani and Remi El-Ouazzane also participated in the round. The company is a developer of an enterprise declarative machine learning platform designed to make writing high-performance, low code machine learning algorithms easy.
BRELYON: The company raised $11.6 million of venture funding from undisclosed investors on May 11, 2022. The company is a developer of headset-free virtual displays designed to replace traditional monitors and virtual reality headgear for metaverse applications.
RAIN: The company raised $11 million of venture funding in a deal led by Multiply Group on May 13, 2022. Valor Capital Group, Burch Creative Capital and MDH Acquisition also participated in the round. The company is a developer of a voice technology platform with multi-modal, contextually-aware software that accelerates professional workflows and transforms how knowledge is accessed.
StreamLayer: The company raised $8 million of venture funding from Las Vegas Sands & Drive by DraftKings on May 11, 2022. The company is a developer of a video engagement operating platform designed to let viewers watch and play at home through live interactive polls, trivia, and prediction questions. Viewers can see up-to-the-minute live odds, track bets with real-time updates, and bet on live in-game markets.
Tignis: The company raised $7.2 million of Series A venture funding in a deal led by DN Capital on May 12, 2022. Clear Ventures, Paul Maritz and Harel Kodesh also participated in the round. The company is a developer of predictive and proactive technologies designed for connected industrial systems.
LifeWise Digital: The company raised an undisclosed amount of venture funding from Roxiticus Ventures on May 12, 2022. The company is a developer of a digital marketing platform designed to provide hyper-targeting capabilities based on the lifestyle profiles of individual consumers.
Utopia Music: The company is in the process of raising venture funding on May 11, 2022. The company is a developer of a data tracking music ecosystem designed to help publishers and artists by creating new revenue streams, consolidating data, and streamlining administration.
