AI startup roundup: Industrial energy monitoring, enterprise IT management

AI startup roundup: Industrial energy monitoring, enterprise IT management

Ben Wodecki

July 25, 2022

3 Min Read

Also -  AI-powered menopause apps, content management platforms and liver disease monitoring

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Funding blitz

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.

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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.

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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.

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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.

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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.

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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.

About the Authors

Ben Wodecki

Assistant Editor

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