Dumme, a video editor startup that's backed by YC, raised $3.4 million in seed funding. The AI-based software helps with editing and allows creators to easily make Shorts, TikTok, and Instagram Reels from long-form YouTube videos. Testing has shown better quality and faster edits compared to human contractors. The product has been free for testing, but businesses will be charged $0.40 per minute, or there's a monthly subscription option for smaller creators. Dumme is expected to onboard 500 people each week.
Squint's AR platform digitizes factory procedures, boosts productivity and safety, and has raised $6 million in funding. Its open-world approach is resonating with large enterprises like Siemens and Volvo, offering a self-guided teaching format empowering operators to absorb content seamlessly on their mobiles. The funds will expand its AI and AR verticals.
Workflow automation engine, 8Flow.ai, has secured $6.6m seed funding & integrates with customer support tools, suggesting actions for agents to trigger & generate personalised workflows. The CEO, Boaz Hecht, was instrumental in the success of ServiceNow & SkyGiraffe.
MindsDB, an AI startup, has raised $25m in seed funding to enhance its platform for developers, with over 100 data integrations, including OpenAI and Hugging Face. The CEO, Jorge Torres, said that the surge of interest in AI and machine learning has given MindsDB a boost.
Vectara's AI-powered search platform introduces new features to enhance generative AI for business data, including summarizing functions and improved grounded generation to improve search accuracy. Recently closed seed funding of $28.5m.
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?