Dutch and Swiss protein engineering AI startup Cradle recently announced the successful completion of a $73 million Series B funding round. This round was led by investment firm IVP, with participation from existing investors Index Ventures and Kindred Capital. So far, Cradle has raised over $100 million in total funding. Image source note: Image generated by AI and authorized by service provider Midjourney. Cradle is committed to

You.com raised $50 million in its Series B funding round, led by Georgian, with participation from Nvidia, Salesforce Ventures, and Day One Ventures, bringing the total funding to $99 million. As an innovator in the AI space, You.com offers a comprehensive solution for knowledge workers through its AI-driven search and productivity platform, providing everything from complex data analysis to content creation, with the aim of transforming online information interaction and enhancing work efficiency.

Healthcare fintech startup PayZen has successfully completed a $232 million Series B funding round in San Francisco, led by industry sources. This funding aims to expand the AI-driven healthcare payment platform, designed to eliminate financial barriers to care by providing support for patients through personalized payment plans while improving the financial outcomes of the healthcare system. PayZen's AI platform is integrated into electronic health record systems, analyzing various data points to create customized payment plans for patients.

California-based AI startup Codeium has announced the completion of a $65 million Series B funding round. The round was led by venture capital firm Kleiner Perkins, with participation from Greenoaks and General Catalyst. Codeium stated that it will use the funds to expand its team across various functions and enhance its generative AI-driven coding toolkit.

AI speech synthesis startup ElevenLabs has completed $80 million in Series B funding led by Andreessen Horowitz, Nat Friedman, and others. The funding will be used for product development, expanding infrastructure and teams, AI research, and enhancing security measures. ElevenLabs is valued at over $1 billion.

Perplexity announced the completion of its Series B funding round, raising $73.6 million with a valuation of $520 million. This round was participated in by several well-known investment firms and tech leaders including IVP, NEA, NVIDIA, and Jeff Bezos. Perplexity is a company providing AI search services, having gained 10 million active users in the past year, answering 5 billion queries. The company's vision is to become the preferred platform for trustworthy information retrieval globally, addressing issues of information overload and AI hallucinations. This funding will enable Perplexity to continue its growth.