Streamlit nabs $35M Series B to expand machine learning platform

StreamLit

As a company founded by data scientists, Streamlit may be in a unique position to develop tooling to help companies build machine learning applications. For starters, it developed an open source project, but today the startup announced an expanded beta of a new commercial offering and $35 million Series B funding.

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Berlin’s Bryter raises $66M to take its no-code tools for enterprises to the US

Man and woman on device

No-code startups continue to see a lot of traction. Bryter – an AI-based no-code startup that has built a platforms used by some 100 global enterprises to date across some 2,000 business applications and workflows – is announcing a new round of funding to double down on that opportunity.

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Upsolver enables no-code data analytics in the cloud with $25M funding

Upsolver

Upsolver, a no-code startup that enables analytics on cloud data lakes, this morning announced that it raised $25 million in financing led by Scale Venture Partners. The company, which also today launched a free community edition of its product, says the funds will be used to hire engineers and scale its go-to-market efforts.

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Follow the Money March 2021: 15 funded Machine Learning companies

Slice of the Pye: A funding for March 2021

March 2021 latest funding covering artificial intelligence, machine learning, robotics, and innovation.

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6sense raises $125M at a $2.1B valuation for its ‘ID graph’

6sense

The startup has raised $125 million at a valuation of $2.1 billion, a Series D being led by D1 Capital Partners, with Sapphire Ventures, Tiger Global and previous backer Insight Partners also participating. The company plans to use the funding to expand its platform and its predictive capabilities across a wider range of sources.

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Feedzai raises $200M at a $1B+ valuation for AI tools to fight financial fraud

Fedzali

On the heels of Jumio announcing a $150 million injection this week to continue building out its AI-based ID verification and anti-money laundering platform, another startup in the space is levelling up. Feedzai, which provides banks, others in the financial sector, and any company managing payments online with AI tools to spot and fight fraud — has announced a Series D of $200 million. It said that the new financing is being made at a valuation of over $1 billion.

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Utilizing AI for the Protection of Service Members and Civilians through unmanned Self-Driving Software

Autonomous console

Shield AI is a California-based startup employing artificial intelligence to develop products that offer protection for service members and civilians. It is primarily a defense technology organization that uses self-driving software, enabling the unmanned systems to operate smoothly even without the availability of GPS or any other form of communication.

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Cymbio, which connects brands with markets, raises $7M

e-Commerce

Cymbio claims to support more than 600 retailers, marketplaces, and department stores across the U.S., Canada, Europe, and the Asia-Pacific region. Shoe brand Camper, a Cymbio client, says that it notched 67% year-over-year growth in wholesale sales via drop ship (where sellers accept customer orders but don’t keep goods sold in stock) and marketplaces after adopting the Cymbio platform. Melissa Shoes, another customer, says that average revenue increased by 70% while average units went up 42% as the number of assortments climbed 2.8 times.

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Vulcan Cyber launches free vulnerability management service with $21M in new funding

Mind the gap

Vulcan Cyber, a startup developing tools to help enterprise customers detect and fix software vulnerabilities, today announced that it raised $21 million in a series B round led by Dawn Capital. CEO Yaniv Bar-Dayan says the funds will be used to support the rollout of new exploit remediation solutions for cloud and app security teams and to deliver Vulcan Free, a no-cost, risk-based vulnerability management platform for cyber risk prioritization.

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A £22.4M worth National Robotarium to open in Edinburgh in 2022

National Robotarium

Construction work has begun on the new research facility for robotics and Artificial Intelligence (AI) – National Robotarium at Heriot-Watt University’s Edinburgh campus.  £22.4 million worth facility The £22.4 million worth facility will be the largest and most advanced facility for robotics and AI research in the UK. It will be a centre of excellence […]

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Bill Gates-backed Oxford biotech totals $100M funding to discover new drugs using AI

Exscientia

Oxford-based Exscientia is a clinical-stage pharmatech that uses Artificial Intelligence (AI) to design and discover new drugs. The company just announced that BlackRock’s funds joined its Series C investment round, closing the round at $100 million (nearly £72 million). Back in 2020, the Series C funding round was initiated by existing investors including Novo Holdings, etc.

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Autonomous drone maker Skydio raises $170M led by Andreessen Horowitz

Skydio Drone

Skydio has raised $170 million in a Series D funding round led by Andreessen Horowitz’s Growth Fund. That pushes it into unicorn territory, with $340 million in total funding and a post-money valuation north of $1 billion. Skydio’s fresh capital comes on the heels of its expansion last year into the enterprise market, and it […]

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Space startup Gitai raises $17.1M to help build the robotic workforce of commercial space

Space Robot

Japanese space startup Gitai has raised a $17.1 million funding round, a Series B financing for the robotics startup. This new funding will be used for hiring, as well as funding the development and execution of an on-orbit demonstration mission for the company’s robotic technology, which will show its efficacy in performing in-space satellite servicing […]

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Aquarium scores $2.6M seed to refine machine learning model data

City Street Image Recognition

Aquarium, a startup from two former Cruise employees, wants to help companies refine their machine learning model data more easily and move the models into production faster. Today the company announced a $2.6 million seed led by Sequoia with participation from Y Combinator and a bunch of angel investors including Cruise co-founders Kyle Vogt and […]

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New Victorian AI program launches with $100 M VC fund

Face on Blueprint

An accelerator program targeting mature artificial intelligence (AI) companies has been launched in Victoria, aiming to be supported by a $100 million venture capital fund. The Boab AI Scaleup program has already received about $1.5 million backing from LaunchVic and $8 million in private sector capital last year via venture capital manager, Artesian.

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