@VMblog

Hirundo Raises $8M Seed to "Make AI Forget" Hallucinations Biases and Vulnerabilities

Hirundo has raised an $8M seed funding round, led by Maverick Ventures Israel, with participation from SuperSeed, Alpha Intelligence Capital, Tachles VC, AI.FUND and Plug and Play Tech Center.... Read More...

Posted Monday, June 09, 2025 9:14 AM by David Marshall | 0 Comments
Filed under: Financials, AI

Celestial AI Secures $250 Million Funding to Revolutionize AI Infrastructure with Its Photonic Fabric

Celestial AI, creator of the Photonic Fabric optical interconnect technology platform, announced that it has raised $250 million in its Series C1 funding round... Read More...

Posted Tuesday, March 11, 2025 10:28 AM by David Marshall | 0 Comments
Filed under: Financials, AI

Future AGI launches world's most accurate multimodal AI evaluation tool

Future AGI announced a $1.6M pre-seed funding round to scale its AI lifecycle management platform that enables enterprises to build and maintain high-performing AI applications with unprecedented accuracy.... Read More...

Posted Tuesday, February 11, 2025 1:23 PM by David Marshall | 0 Comments
Filed under: Financials, AI

KPMG Invests $100M in Google Cloud Alliance to Accelerate Enterprise Adoption of AI

KPMG LLP and Google Cloud announced a major expansion of their U.S. alliance focused on advancing generative AI, data analytics, and cybersecurity among Fortune 500 companies and global enterprises.... Read More...

Posted Wednesday, November 20, 2024 12:52 PM by David Marshall | 0 Comments
Filed under: Financials, AI

CrewAI Launches Multi-Agentic Platform to Deliver on the Promise of Generative AI for Enterprise

CrewAI announced $18 million in total funding that included an inception round led by boldstart ventures and a Series A led by global software investor Insight Partners.... Read More...

Posted Tuesday, October 22, 2024 12:45 PM by David Marshall | 0 Comments
Filed under: Financials, AI

Ex-Oracle and Google engineers get $7m from Accel for public launch of Simplismart to empower AI adoption

OpenAI is projected to generate over $10 billion in revenue next year, a clear sign that the adoption of generative AI is accelerating.... Read More...

Posted Thursday, October 17, 2024 10:31 AM by David Marshall | 0 Comments
Filed under: Financials, AI

EdgeRunner AI Emerges from Stealth with $5.5M Seed Funding to Build Generative AI for the Edge

EdgeRunner AI, a new startup building Generative AI for the edge, announced its official launch and the closing of a $5.5 million seed funding round led by Four Rivers Group with participation from Madrona Ventures and strategic angels.... Read More...

Posted Thursday, July 18, 2024 11:35 AM by David Marshall | 0 Comments
Filed under: Financials, AI

Vectara Secures $25 Million Series A Funding to Advance the Trustworthiness of Retrieval Augmented Generation with New Mockingbird LLM

Vectara has closed a $25 million Series A round led by FPV Ventures and Race Capital.... Read More...

Posted Thursday, July 18, 2024 9:27 AM by David Marshall | 0 Comments
Filed under: Financials, AI

Menlo Ventures and Anthropic Launch $100M Anthology Fund to Accelerate AI Innovation

Menlo Ventures, a leading venture capital firm, announced the Anthology Fund, a groundbreaking $100 million initiative created in partnership with Anthropic... Read More...

Posted Wednesday, July 17, 2024 4:40 PM by David Marshall | 0 Comments
Filed under: Financials, AI

AWS Announces $230 Million Commitment for Generative AI Startups

Amazon Web Services, Inc. (AWS) announced a $230 million commitment for startups around the world to accelerate the creation of generative AI applications.... Read More...

Posted Thursday, June 13, 2024 8:23 AM by David Marshall | 0 Comments
Filed under: Financials, AI

DeepL Announces $300 Million Investment at $2 Billion Valuation Fueled by Global Demand for AI Language Solutions

DeepL, a leading Language AI company, today announced $300 million of investment at a $2 billion valuation.... Read More...

Posted Wednesday, May 22, 2024 10:14 AM by David Marshall | 0 Comments
Filed under: Financials, AI

Lambda Announces $500M GPU-Backed Facility to Expand Cloud for AI

Lambda, the GPU cloud company founded by AI engineers and powered by NVIDIA GPUs, announced that it has secured a special purpose GPU financing vehicle of up to $500 million to fund the expansion of its on-demand cloud offering.... Read More...

Posted Thursday, April 04, 2024 8:23 AM by David Marshall | 0 Comments
Filed under: Cloud, Financials, AI

SydeLabs Raises $2.5m to Solve Security and Risk Management for Generative AI

Security & risk management startup SydeLabs announced their seed funding round of $2.5m to build solutions aimed at securing GenAI systems for enterprises.... Read More...

Posted Friday, March 29, 2024 12:13 PM by David Marshall | 0 Comments
Filed under: Financials, AI

Aim Security Raises $10M to Secure Generative AI Enterprise Adoption

Aim Security, an Israeli cybersecurity startup offering enterprises a holistic, one-stop shop GenAI security platform, announced $10 million in seed funding.... Read More...

Posted Wednesday, January 31, 2024 8:12 AM by David Marshall | 0 Comments
Filed under: Financials, AI

Yalo secures USD$20 million investment and strategic partnership to lead the AI-Driven commerce revolution

Yalo announces a $20 million extension of its Series C, which will serve to deepen its AI capabilities, through a new strategic partnership with Glisco Partners... Read More...

Posted Wednesday, December 13, 2023 8:35 AM by David Marshall | 0 Comments
Filed under: Financials, AI