Tag: Funding

MLOps start-up Striveworks has secured $33m in its first round of funding. Its flagship Chariot platform enables teams to collaborate on machine learning models in low-code format. With partnerships with AWS and Azure, and a 300% annual ARR growth rate, Striveworks is poised for success.

Black Seed raises £5 million to support Black founders in the UK, aiming to decrease the number of self-funded businesses from 88% to at least 50%. The firm is interested in deep tech, healthcare, and AI, and plans to make at least 10 investments in the next three years. It hosts events in Brixton and is one of few funds solely focused on Black founders.

Investors are turning to secondary markets to invest in AI startups, as traditional funding rounds shut them out. Shares in these startups are in high demand, with AI startups representing 25-30% of investor demand. Platforms like AngelList and ForgeGlobal have seen significant increases in secondary rounds for share sales. Caplight has also seen enthusiasm for buzzy AI companies like OpenAI and Anthropic. Despite not yet being available, reports show heavy buy interest in OpenAI in secondary markets.

Gensyn AI secures $43m in Series A funding from a16z crypto to expand the team and launch a test network. Pay-as-you-go AI tools for all. Powered by a layer one proof-of-stake blockchain.

Securing funding for your business just got easier, thanks to GPT-4. Open AI's latest language model generates pitch decks that outperform human pitches in quality and clarity, making it a lucrative option for entrepreneurs. A recent study found that GPT-4 was particularly effective in finance, tech, and marketing, with investors and business owners more likely to find its decks convincing. Leverage the power of AI for superior results in securing funding.