July 25, 2022
Also - AI-powered menopause apps, content management platforms and liver disease monitoring
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Startup: Phaidra - Seattle-based startup developing AI tools for industrial companies. Its tech allows customers to operate and control systems more energy efficiently.
Latest funding: $25 million, series A
Lead investors: Starshot Capital
Other investors: Vela Partners, Helena, Flying Fish Partners, Flying Fish Partners, Character, Ahren Innovation Capital and DeepMind co-founder Mustafa Suleyman
Funding plans: Phaidra plans to hire more staff from outside the U.S., especially since it has an all-remote workforce.
Startup: Lightyear - New York-based startup developing software to enable enterprises to manage telecom and IT services online.
Latest funding: $13.1 million, series A
Lead investors: Ridge Ventures
Other investors: Zigg Capital, Susa Ventures, Operator Partners, Ludlow Ventures, Jaws Ventures
Funding plans: Lightyear wants to use the funds to double its team size and scale its technologies.
Startup: Optic - San-Francisco-based startup creating AI technologies to authenticate NFTs. Its systems monitor blockchains to determine the origin of a token.
Latest funding: $11 million, seed round
Lead investors: Kleiner Perkins, Pantera Capital
Other investors: OpenSea, Polygon, Neo DAO
Funding plans: Optic plans to hire engineering staff and build out its infrastructure.
Startup: Oncoustics – Based in Toronto and San Francisco, the startup aims to develop AI-empowered tech tools to spot and diagnose liver diseases from ultrasound images.
Latest funding: $5.5 million, seed round
Lead investors: Creative Ventures and Saltagen Ventures
Other investors: NorthSpring Capital Partners, Fraser Kearney Capital, Pallasite Ventures
Funding plans: Oncoustics will use the cash to accelerate development of its OnX system, which can detect scarring and fatty build-ups in chronic liver diseases.
Startup: StoryChief - a Ghent, Belgium-based company that developed a platform for creators and marketers to manage content life cycles.
Latest funding: $4.4 million
Lead investors: Capricorn Partners
Other investors: Peak, Anthony De Clerck from Domo Investment Group, Willem Delbare, co-founder at Officient and Johan Van Damme, CEO of United Consulting.
Funding plans: StoryChief will use the capital to further expand internationally and build out its AI and ML technologies.
Startup: Lisa Health - San-Francisco-based digital health startup developed app-based AI solutions to support women going through menopause.
Latest funding: $2.5 million, seed round
Lead investors: Radical Ventures
Other investors: RI International, Broadway Angels and former Ancestry.com CEO Margo Georgiadis
Funding plans: Upon announcing its funding round, the startup launched its AI-powered app Midday on Apple’s App store.
Lisa Health will use the cash to support the launch of a premium version of the app, which it will launch later this year.
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