AI Startup Roundup: OpenAI Backs Self-organizing Workspace App

Also, fintech for banks, 3D printing and optimizing sales conversions

Ben Wodecki

November 14, 2022

3 Min Read

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.

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Startup: Lentra - an Indian-based SaaS fintech platform offering digital lending solutions to banks.

Latest funding: $60 million, series B

Lead investors: Bessemer Venture Partners, Susquehanna International Group

Other investors: Citi Ventures

Funding plans: Lentra will use the funds to expand into Asian markets, including Vietnam and the Philippines, as well as the U.S.

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Startup: Beekeeper - Based in Zurich, Switzerland, Beekeeper is a digital workplace app allowing employee communications to take place in one secure platform.

Latest funding: $50 million, series C

Investors: Verve Capital, EGSB, Kreos Capital, Thayer, SwissCanto

Funding plans: Beekeeper said the funds will be used to roll out its Frontline Success System to the global market. The startup also wants to continue investing in product development.

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Startup: Mem - California-based startup developing an AI-powered app for workplace organization and note-taking.

Latest funding: $23.5 million, series A

Investor: OpenAI Startup Fund

Funding plans: With the company’s Mem X product now out of beta, Mem is looking to hire new staff to “accelerate our efforts,” Kevin Moody, Mem’s co-CEO wrote in a blog post.

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Startup: Anything World- London-based startup using machine learning to power interactive 3D experiences.

Latest funding: $7.5 million, series seed plus

Investors: Acrew Capital, Alumni Ventures, Warner Music Group

Funding plans: The funding will be used for two years of runway, expansion of the team, and the launch of Anything World's new high-fidelity animation system, which will allow anyone to become a 3D content creator, the company said.

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Startup: TOffeeAM - A London-based company using AI software to improve 3D printing of machine designs.

Latest funding: $5.8 million, series A

Lead investors: Presidio Ventures Europe, Sumitomo Corporation, East Innovate

Other investors: IQ Capital, Exor Seed, Excellis, Type One Ventures

Funding plans: "This funding will allow TOffeeAM to scale globally and continue to help businesses across numerous industries to design innovative products," said CEO Francesco Montomoli.

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Startup: Salesfire - U.K.-based e-commerce software startup that uses ML to optimize sales conversion rates by personalizing customer journeys, including offering rapid search, smart product recommendations and targeted messaging

Latest funding: $2.7 million, venture round

Investor: NPIF – Mercia Equity Finance

Funding plans: “The investment from Mercia and NPIF will enable us to develop exciting new features to make the platform even more powerful,” said Salesfire founder Rich Himsworth.

About the Authors

Ben Wodecki

Assistant Editor

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