AI startup roundup: Anthropic raises $580M, harnessing influencers

Also, startup founded by Apple, Google and Uber AI engineers create ML tool for unstructured data.

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Funding blitz

Startup: Anthropic is a San Francisco-based company that is attempting to build better explainable AI. Founded by Dario Amodei, formerly OpenAI’s VP of research.

Latest funding: $580 million, series B

Lead investor: Sam Bankman-Fried, the founder and CEO of FTX

Other investors: The Center for Emerging Risk Research, former Skype engineer Jaan Tallinn, Nishad Singh, director of engineering at FTX, Caroline Ellison, co-CEO at Alameda Research, and Infotech Consulting CEO and founder Jim McClave

Funding plans: The startup will use the funds to continue its research, including exploring predictable scaling properties of machine learning systems.

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Startup: Accern provides AI-powered apps and NLP models so companies can analyze online conversations related to their brand

Latest funding: $20 million, series B

Lead investors: Mighty Capital, Fusion Fund

Other investors: Tribe Capital, Shasta Ventures, Gaingels

Funding plans: others. The newly secured capital will go towards expanding into new markets and R&D on Accern’s AI technologies.

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Startup: Synthesis AI is a San Francisco-based company develops synthetic data tools designed to build computer vision AI models.

Latest funding: $17 million, series A

Lead investor: 468 Capital

Other investors: Sorenson Ventures, Strawberry Creek Ventures, Bee Partners, PJC, iRobot Boom Capital, Kubera Venture Capital

Funding plans: Synthesis will use the funds to hire new staff, expand its research and introduce new products designed to build more advanced computer vision models − faster.

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Startup: Mavrck is a software company that has built an Influencer Marketing Platform designed to automate influencer and marketing functions.

Latest funding: $135 million, private equity round

Investor: Summit Partners

Funding plans: The startup is using part of its funds to acquire Later, which makes scheduling tools for social media sites.

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Startup: Movable Ink is a New York-based startup that developed an intelligent content platform that automatically personalizes content for the user, based on data.

Latest funding: $55 million, series D

Lead investor: Silver Lake Waterman

Other investors: Contour Venture Partners, Intel Capital

Funding plans: Movable Ink now plans to expand its team from 550 employees to more than 700 by 2023.

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Startup: Traceable AI is developing an end-to-end cloud app security solution.

Latest funding: $60 million, series B

Lead investor: IVP

Other investors: BIG Labs, Unusual Ventures, Tiger Global Management

Funding plans: Traceable will use the cash to scale product development and recruitment.

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Figure 1:

Startup: Galileo, founded by engineers from Apple, Google and Uber AI, develops ML data intelligence platforms for unstructured data.

Latest funding: $5.1 million, seed funding

Lead investors: The Factory

Other investor: Anthony Goldbloom, co-founder and CEO at Kaggle

Funding plans: The company plans to use the funding to hire across all departments and accelerate research and development.

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Startup: Finbots.AI uses its AI-powered credit scorecard system to allow financial institutions to process applications in real time.

Latest funding: $3 million, series A

Lead investor: Accel

Funding plans: The funds will be used towards accelerating product enhancement and recruiting senior talent.

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Startup: Imagene AI is a Tel Aviv-based precision oncology diagnosis company that is developing precision medicine for cancer.

Latest funding: $21.5 million ($3 million in seed funding, $18.5 million in series A)

Lead investors: Seed funding - Blumberg Capital, series A - former Oracle CEO Larry Ellison, Dr. David Agus, Eyal Gura

Funding plans: Cash to go towards funding clinical trials.

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