Three different funding rounds that made recent AI news.
Venture capitalists continue to pour money into AI startups, from enterprise-grade machine learning from Black Crow to dental diagnostics at VideaHealth.
Black Crow AI
The Black Crow AI platform is democratizing the power of enterprise-grade machine learning, by delivering infrastructure as a service that works out of the box for companies of any size. Its technology analyzes billions of data points in real-time to optimize core business processes, like managing churn, enhancing customer experience and optimizing marketing spend. Companies can integrate Black Crow AI’s infrastructure into their tech stack in 1 click – all without any engineering or data science skills required.
Black Crow raised a $25 million Series A round led by Imaginary Ventures. Additional firms participating in this round include Left Lane, Good Friends, Interplay and Red Antler, as well as the founders of leading digital commerce brands like Warby Parker, Mejuri, Everlane, Allbirds, Supergoop!, and Reformation. (CISION PR Newswire)
Builder.ai
Founded by Sachin Dev Duggal and Saurabh Dhoot in 2016, London-based Builder.ai is an AI-powered low-code/no-code app development platform that builds software and apps up to 6x faster and up to 70 per cent cheaper than traditional human teams.
The AI-powered assembly line fuses Lego-like reusable features, using Building Blocks automation to reduce human effort and produces apps at almost zero failure rate, making it cheaper and faster than traditional software development.
The startup has raised $100M (approx €90M) in a Series C funding round led by Insight Partners. (Silicon Canals)
VideaHealth
VideaHealth helps identify and communicate dental diseases and other conditions to dentists while they are actively attending to patients. The solution is expected to achieve regulatory clearance for its AI-based clinical image processing within the coming months, something no other vendor has achieved on the market today.
VideaHealth announced $20 million in Series A financing led by Spark Capital. Existing investors Zetta Venture Partners and Pillar VC also contributed to the round.
Related Story: Chinese AI Startup Parametrix Raises $100M, Turns Unicorn