Artificial Intelligence: BMW And Other Funding Rounds Of Note

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Investments range from the BMW led round in optical AI to wildlife detection, sales CRM, and insect monitoring.

Here are interesting funding rounds in the AI space, ranging from the BMW -led $10 million funding in an optical AI company, to the similar amount invested in a Slovenia-based insect monitoring, and forecasting platform.

Trapview

Trapview, a Slovenia-based insect monitoring and forecasting platform, has secured €10M in a Series B financing round from European Circular Bioeconomy Fund (ECBF), Demeter and Pymwymic.

The company will use the funds to accelerate commercialising its digital insect monitoring and forecasting solutions in Brazil, Europe (starting with France, Italy, and Spain), and the USA. (TFN)

Winn.AI

Israeli sales-tech startup, Winn.AI, has raised $17 million in Seed funding from global software investor Insight Partners and Israeli venture capital firm S-Capital.

The startup offers a real-time AI assistant that helps sales teams win more deals with less hassle through its real-time tracking, capturing, and CRM updating features. (CTECH by CALCALIST)

Pano AI

Pano AI raised $20M in a Series A funding round led by Initialized Capital, with participation from Congruent Ventures, Convective Capital, DCVC, January Ventures, Quiet Capital, Kevin Mahaffey, Jade van Doren, Mark Leslie, Oleg Rogynskyy, Sytse Sijbrandij, Zac Bookman, Drew Uher, and Joe Thomas.

The funding will enable Pano progress its wildfire detection approach, acquire acquisition and facilitate market expansion across additional high fire-risk areas within North America and Australia to safeguard lives, communities, and the environment from the increasing threat of wildfires. (FINSMES)

Alitheon (led by BMW)

BMW i Ventures led a $10M Series A round in Alitheon, an Optical AI technology company. The company’s FeaturePrint® technology quickly and easily digitizes physical objects for identification, authentication, and tracing, and eliminates misidentification, counterfeiting, and misuse of items.

The company aims to help customers from industries such as automotive, aerospace, medical, collectibles, and luxury goods prevent counterfeits and misidentified parts. The objective is to replace stickers, barcodes, QR codes, and other tools that the company says are susceptible to fraud, damage, manipulation, and loss. (Yahoo Finance)

Related Story: BMW’s Robots Powered by Nvidia AI

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