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New York-based AI startup 1Fort announced a $7.5 million seed funding round to improve the process of small businesses obtaining commercial insurance through its AI-powered platform. The company, which saw 200% revenue growth in 2024, aims to automate cumbersome and outdated manual processes, helping millions of underserved small businesses address insurance gaps. The funding round was led by Bonfire Ventures, with participation from Draper Associates.

Scout AI, a startup focused on autonomous vehicle manufacturing and autonomous software development, has emerged from stealth mode after announcing a successful $15 million seed funding round. Founded in August of last year by Colby Adcock and Collin Otis, the company aims to apply AI and robotics to defense missions. On the same day as the funding announcement, Scout AI proudly revealed that they have secured multiple contracts with the US Department of Defense and launched their

Thinking Machines Lab, a new AI startup from former OpenAI CTO Mira Murati, is reportedly pursuing one of the largest seed funding rounds in history. According to Business Insider, the company has doubled its seed funding target to $20 billion. If successful, this round would value the company at least $10 billion. Thinking Machines Lab has only recently emerged from stealth mode and currently has no publicly available products.

Dyna Robotics, a startup emerging from stealth mode, announced a $23.5 million seed funding round led by CRV and First Round Capital. The company aims to provide affordable embodied AI robots for businesses of all sizes. Dyna Robotics co-founders Lindon Gao and York Yang previously founded the hardware AI company Caper.AI.

Arcade.dev announced a $12 million seed funding round to build a secure authentication and integration platform for AI agents. The round was led by Laude Ventures with participation from Flybridge Ventures, Hanabi Capital, Neotribe, and several angel investors. Arcade.dev aims to solve the security challenges of AI interacting with the real world. Image attribution: Image provided by

According to CNBC, Perplexity, the AI search engine developer, is raising a $50 million seed and pre-seed investment fund. The fund is largely capitalized by limited partners, with Perplexity contributing a portion of its previous funding as cornerstone capital. In December, Perplexity successfully raised $500 million, valuing the company at $9 billion. This investment fund is managed by two...

BPR Hub is an AI-driven platform focused on compliance management, which recently completed a successful $2.6 million seed funding round led by Accel and Kae Capital. The funds will be used for the company's global expansion, team building, and the development of new features to meet the growing demand for efficient compliance solutions. BPR Hub was founded in 2024, and its founding team includes CEO Teja Edara and COO Mila.

After a successful entrepreneurial journey, former SmartThings CEO Alex Hawkinson embarks on a new startup adventure. His new company BrightAI has just completed a $15 million seed funding round exclusively led by Upfront Ventures, unveiling this tech company deeply focused on smart monitoring for infrastructure. BrightAI was founded in 2019 by Hawkinson along with Nathan Hanks and Doug.

AI startup Moondream has officially announced the completion of $4.5 million in seed funding and presents a disruptive viewpoint: in the world of AI models, smaller models may hold advantages. The company is backed by Felicis Ventures, Microsoft's M12 GitHub Fund, and Ascend, launching a visual language model with only 1.6 billion parameters that can compete with models four times its size in terms of performance.

Vienna-based AI governance and compliance solutions provider Daiki GmbH today announced the completion of a €1.5 million seed funding round. The funds will be used to support the company's expansion into the European market and product development, marking a significant step for Daiki in promoting the responsible deployment of AI by European enterprises. Daiki offers SaaS compliance solutions tailored to the EU AI Act and ISO standards, including ISO 13485 certification for medical device manufacturers. The product, developed by a multidisciplinary team of experts, includes integrated documentation and quality management.

Sports technology startup SportAI has completed a $1.8 million seed funding round aimed at leveraging artificial intelligence to enhance athlete performance. Its system focuses on coaching, commentary, and analysis of athletic techniques through machine learning, computer vision, and biometrics, primarily serving coaches, training facilities, media broadcasts, and sports brands. SportAI's cloud platform can analyze athletes' technical performance in real-time, providing personalized feedback to help improve levels in sports such as golf and tennis. By comparing with a vast amount of athlete data, the system achieves automation and data-driven insights.

Hedra has successfully raised $10 million in seed funding, founded by former employees from NVIDIA, Google, and the Metaverse, attracting renowned investors such as Index Ventures, Abstract, and A16Z Speedrun. The foundational model Character-1, launched by Hedra during the seed round, claims to be the fastest video model on the market, with 350,000 users having already created over 1.6 million videos, some of which have gained significant popularity on social media. The platform allows users to create...

["Indian startup Kombai leverages AI technology to help front-end developers effortlessly convert UI designs into code, having completed a $4.5 million seed funding round.","Kombai uses deep learning and heuristic models, with each model targeting a specific aspect of interpreting UI designs and generating code.","Kombai plans to use part of the funding to expand its team and continue investing in research and development to improve its core models and increase compatibility with commonly used libraries and frameworks by developers." ]