February 20, 2023
Every week, AI Business brings you the latest startup news.
From funding rounds to acquisitions, product launches to partnerships, AI Business covers everything artificial intelligence.
Startup: Zerocater- San Francisco food tech company using technology to build personalized and flexible corporate cafeteria solutions. Zerocater’s Cloud Cafe and Hybrid Cafe products can be found in corporate settings for companies including Datadog, Splunk and RobinHoos.
Latest funding: $15 million, Series C
Lead investors: Cleveland Avenue
Other investors: Remus Capital
Funding plans: Zerocater plans to use the cash to invest in its AI and machine learning capabilities that personalize daily cafeteria and catering menus for the companies it supplies based on the tastes of their employees.
Startup: QiO Technologies - British AI sustainability tech startup, QiO Technologies analyzes operational data in settings like data centers and factory settings to reduce greenhouse gas emissions and improve operational efficiency.
Latest funding: $10 million, Series B
Sole investors: WAVE Equity Partners
Funding plans: QiO will use this funding to expand its operations in the U.S. and Europe, enhance the capabilities of its Foresight Sustainability Suite and accelerate customer acquisition.
Startup: VivaCity - A British smart city startup, VivaCity’s AI sensors are used in urban settings, with ML and computer vision deployed to make transport networks more efficient. VivaCity’s global sensor network stands at around 20 billion road users.
Latest funding: $8.5 million, venture round
Investors: ENV, Foresight Group, Gresham House Ventures
Funding plans: The venture funding will be put towards VivaCity’s North American expansion.
Startup: Carbon Maps- Paris-based startup using AI to determine the carbon footprint of our food. Using science-based, mathematical models coupled with AI, Carbon Maps’ platform performs precision assessments of consumer products, ingredients and raw materials.
Latest funding: $4.2 million, pre-seed round
Investors: :Breega, Samaipata
Funding plans: The funding raised will go towards further developing its platform’s features and models, hiring some 15 new talents and expanding its services to other EU countries.
Startup: Kern AI- German AI startup developing solutions to empower NLP developers.
Latest funding: $2.8 million, seed funding
Lead investors: Seedcamp, Faber
Other investors: xdeck, another.vc, Hasso Plattner Seed Fund
Funding plans: Kern plans to continue expanding its platform through this funding round.
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