AI Startup Roundup: OpenAI Backs Self-organizing Workspace AppAI Startup Roundup: OpenAI Backs Self-organizing Workspace App
Also, fintech for banks, 3D printing and optimizing sales conversions
November 14, 2022
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.
To keep up to date with coverage of all things AI, subscribe to the AI Business newsletter to get content straight to your inbox and follow the AI Business Podcast on Apple and Spotify.
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.
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.
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.
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.
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.
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 Author(s)
You May Also Like