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  • Tuesday, 2/20/2024 : VC Funded Companies | Luke Insider!💡🚀

Tuesday, 2/20/2024 : VC Funded Companies | Luke Insider!💡🚀

Magic AI conjures $117 million round, the frenzy around Anthropic, and the fluffy friend more families might consider — curated from the StrictlyVC Newsletter

Massive Fundings

Magic AI, a San Francisco-based startup operating for the past two years, has secured $117 million in funding during an investment round. This round, led by Nat Friedman and Daniel Gross, saw participation from earlier investors CapitalG and Elad Gil, taking the company’s total funding to $145 million. Magic AI is creating an AI “software engineer” designed to aid in intricate programming tasks.

Recogni, a seven-year-old startup based in San Jose, California, has raised $102 million in a Series C funding round. The company develops high-performance, low-power computing hardware designed specifically for AI applications, with a focus on improving the capabilities of autonomous vehicles. Celesta Capital and GreatPoint Ventures co-led the funding round, with HSBC and Tasaru Mobility Investments also participating..

Big-But-Not-Crazy-Big Fundings

Bioptimus, a recently established Paris-based startup, secured $35 million in seed investments to advance its mission of creating foundational AI models capable of comprehending and generating insights from extensive biological data. Sofinnova Partners led the seed round, with participation from reputable investors such as Bpifrance, Frst, Cathay Innovation, Headline, Hummingbird, NJF Capital, Owkin, and Top Harvest Capital. For additional details, please visit the TechCrunch website.

Planity, a Paris-based startup founded eight years ago, has secured $48 million in a Series C funding round. The platform enables French consumers to conveniently book appointments online with various beauty service providers, including hair salons, beauty salons, and barbers. InfraVia Capital Partners led the investment, with Crédit Mutuel Innovation, Revaia, and Bpifrance’s Digital Venture Fund also participating. For more information, visit TechCrunch.

Reprieve Cardiovascular, a six-year-old Milford, Massachusetts-based startup, has closed a $42 million Series A funding round. The company’s mission is to develop technology that can better manage fluid levels in patients with acute heart failure, with the goal of improving recovery by precisely controlling fluid removal.The round was co-led by Lightstone Ventures and Sante Ventures, with participation from Deerfield Management, Genesis Capital, and Arboretum Ventures.

Smaller Fundings

Eli Technologies, a Philadelphia-based startup founded a year ago, has secured $6.8 million in seed funding. The company’s focus is simplifying the process of finding and applying for energy-related rebates, tax credits, and financing for home electrification projects. Lowercarbon Capital and Spero Ventures co-led the seed round, with additional support from New System Ventures, Looking Glass Capital, Leap Forward Ventures, Untapped Capital, and RallyCap VC.

Monite, a four-year-old Berlin-based startup, has secured a $6 million seed extension. The funding round was co-led by Valar Ventures and Third Prime. Monite offers online tools that aid small and medium-sized businesses (SMBs) in automating invoice sending and bill processing. For more information, visit The Paypers..

Pulstate, an 11-year-old Dublin-based startup, recently secured $7.75 million in a Series A funding round led by TruStage Ventures and Curql Collective. The company’s aim is to provide credit unions and community banks with tools that enhance customer engagement through mobile devices.

Trace Genomics, an Ames, Iowa-based startup company with eight years of experience, focuses on analyzing the biology, physical properties, and chemistry of soil. The company recently secured a $10.5 million Series B funding round, led by previous investors S2G Ventures and Ajax Strategies, with additional participation from Rabo Ventures.

WIVI Vision, a Bilbao, Spain-based startup founded eight years ago, claims to have created a technology that uses personalized 3D games to evaluate and enhance visual health, has announced a $4.3 million Series A funding round. The lead investor in the deal was Adara Ventures, with other participants including Hearstlab, Avançsa, Caixabank DayOne, BBVA Spark, and Banco Santander.

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Get The List in CSV! Access all 250+ Companies that raised VC Funding in January according to StrictlyVC. Download The List!