Brainbot, a health technology startup based in Toronto, has been chosen as one of 12 startups for the 2024 class of the Techstars Healthcare Accelerator sponsored by Cedars-Sinai, Point32Health, UCI Health, and UnitedHealthcare. Brainbot is the only Canadian company selected for the accelerator program taking place in Los Angeles, California. As the world’s first AI-powered…
Zapier, a leading workflow automation platform, has acquired Vowel, an AI-powered video conferencing tool, with the aim of enhancing its AI automation capabilities. The funding will be utilized to further develop Zapier’s new product, Zapier Central, which serves as an AI workspace for customers to build customized AI bots to automate tasks across various apps…
FlowGPT is an inclusive platform fostering an open ecosystem for AI application creators and the community. It is the largest open source store for AI-native applications with a mission to bring AI to everyone. Since the company’s launch in January 2023, FlowGPT has attracted millions of users monthly across 110 countries and has developed over…
NLX, a company revolutionizing the customer experience space for large brands, has successfully raised $12 million in Series A funding. The funding round was led by Cercano and supported by Thayer Ventures, HL Ventures, IAG Capital Partners, JetBlue Ventures, and Tech Square Ventures’ Engage. The company aims to leverage this capital to fuel its market…
Lambda, a GPU cloud company founded by AI engineers and powered by NVIDIA GPUs, has announced that it raised a $320 million Series C funding round. The funding was led by Thomas Tull’s US Innovative Technology and saw participation from investors including B Capital, SK Telecom, funds and accounts advised by T. Rowe Price Associates,…
Merit Medicine, a health tech startup, has announced the successful closure of a $2M seed round of funding. The funding round was led by LiveOak Ventures, a venture capital firm based in Austin, Texas. Merit Medicine aims to bring AI insights to the employer-sponsored health insurance market by helping self-funded employers anticipate high-cost medical spend…
AI startup Perigon has successfully closed a $5 million seed financing round led by LiveOak Ventures. Founded in 2022 by serial entrepreneur Joshua Dziabiak and Emmy-winning innovator Josh Rickel, Perigon is at the forefront of organizing the web’s vast data for the age of AI. Perigon gathers over 20 million pieces of data every day…
Synthetaic, a leading provider of advanced AI solutions, has secured $15 million in Series B funding from new and existing investors. The funding round was co-led by Lupa Systems and TitletownTech, with participation from IBM Ventures and Booz Allen Hamilton. Synthetaic’s RAIC platform offers a streamlined solution for quick and cost-effective object search within raw…
KuCoin Ventures, the investment arm of cryptocurrency exchange KuCoin, has made a strategic investment in Ta-da, a platform revolutionizing data collection. Ta-da is recognized for its unique approach in gathering and verifying high-quality data for AI systems. With the support of KuCoin Ventures, Ta-da aims to propel its mission further. The investment by KuCoin Ventures…
Wisedocs, a machine learning software-as-a-service (SaaS) company specializing in medical record review, indexing, and summarization, has closed an oversubscribed Series A funding round, raising $9.5M USD ($12.7M CAD). The funding will be utilized to support the expansion of Wisedocs’ team, product, and sales territories. Led by Information Venture Partners, an early-stage B2B fintech investment firm,…