AI startup roundup: Industrial energy monitoring, enterprise IT management

Ben Wodecki, Jr. Editor

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.


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 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 Author(s)

Ben Wodecki

Jr. Editor

Ben Wodecki is the Jr. Editor of AI Business, covering a wide range of AI content. Ben joined the team in March 2021 as assistant editor and was promoted to Jr. Editor. He has written for The New Statesman, Intellectual Property Magazine, and The Telegraph India, among others. He holds an MSc in Digital Journalism from Middlesex University.

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