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AI infrastructure startup Pipeshift raises $2.5 million from Y Combinator, others

Economic Times

Economic Times · 5m ago

AI infrastructure startup Pipeshift raises $2.5 million from Y Combinator, others

Pipeshift, an AI infrastructure startup, secured $2.5 million in seed funding from Y Combinator and others to enhance its platform and expand in the US and India. The startup, based in San Francisco and Bengaluru, helps enterprises streamline AI model deployment, reducing engineering time significantly. Pipeshift's platform is designed for open-source AI models and has been adopted by over 30 companies. The funding will also support hiring and market-fit strategies.

Related News

Pipeshift, Medusa Beverages bag early-stage funding

VCCircle

VCCircle · 5m ago

Pipeshift, Medusa Beverages bag early-stage funding

Pipeshift, an AI infrastructure startup, secured $2.5 million in seed funding from Y Combinator and others, aimed at helping engineering teams manage AI tasks efficiently. Medusa Beverages, a craft beer manufacturer, raised Rs 56 crore in a Series A round to expand operations and market presence in India. Founded in 2017, Medusa operates in 7,000 retail outlets across seven states, reporting a gross revenue of Rs 132 crore in FY24.

Y Combinator-backed AI startup Crux raises $2.6 million in funding

Economic Times

Economic Times · 1y ago

Y Combinator-backed AI startup Crux raises $2.6 million in funding

Y Combinator-backed AI startup Crux has secured $2.6 million in seed funding. The funding round was led by Emergent Ventures, with participation from Y Combinator and Neon Fund. Crux, founded in 2022, helps B2B SaaS teams build embedded AI copilots that can answer questions about business data in plain language. The startup has received support from industry veterans in product and technology. Crux has gone through multiple pivots before arriving at its current form.

Cheq offering UPI-enabled payment wallet for foreign tourists raises $500K from YC Accelerator Program

IndianStartupNews

IndianStartupNews · 1y ago

Cheq offering UPI-enabled payment wallet for foreign tourists raises $500K from YC Accelerator Program

Bengaluru-based fintech startup Cheq has raised $500,000 from the US-based Y Combinator Accelerator Program and has also joined the Y Combinator Accelerator Program for the summer 2023 batch.

YC-backed Weekday raises $2.2M in a seed round led by Venture Highway

IndianStartupNews

IndianStartupNews · 1y ago

YC-backed Weekday raises $2.2M in a seed round led by Venture Highway

Y-Combinator-backed startup Weekday, helping companies hire engineers, has raised $2.2 million in a seed funding round led by Venture Highway, with participation from other notable investors.

LanceDB raises $30 million for multimodal AI data infrastructure

Economic Times

Economic Times · 22d ago

LanceDB raises $30 million for multimodal AI data infrastructure

LanceDB, an AI data infrastructure company, raised $30 million in a Series A funding round led by Theory Ventures, alongside CRV, Y Combinator, Databricks Ventures, and Runway. Their platform supports AI companies in developing multimodal AI models that process diverse data types such as text, video, images, and audio. As AI models expand, LanceDB plays a crucial role in managing cloud-based data systems, enabling sophisticated AI workflows that mimic human interaction with software applications.

Prompt engineering startup Vellum.ai raises $5M as demand for generative AI services scales

TechCrunch · 2y ago

Prompt engineering startup Vellum.ai raises $5M as demand for generative AI services scales

Vellum.ai, a startup focused on improving generative AI prompting, has closed a $5 million seed round. The company attracted participation from investors including Rebel Fund, Eastlink Capital, Pioneer Fund, Y Combinator, and several angels. With 40 paying customers and a monthly revenue growth rate of 25% to 30%, Vellum has seen rapid market acceptance since its establishment in January.

Vocera Raises $500K from Y Combinator to Revolutionize Voice AI Testing and Evaluation

VCCircle

VCCircle · 7m ago

Vocera Raises $500K from Y Combinator to Revolutionize Voice AI Testing and Evaluation

Vocera, a startup founded by three IIT Bombay graduates, has secured $500K in funding from Y Combinator. The company aims to revolutionize voice AI testing and evaluation by automating the testing process and reducing manual errors. Their solution allows companies to test their voice agents against real-world scenarios, saving time and improving accuracy. Vocera hopes to set a new standard for evaluating the reliability of voice AI systems before deployment. The founders highlighted the opportunity to accelerate their growth and bring their voice AI testing platform to more companies worldwide with the backing of Y Combinator.

Instant loan provider Yenmo secures fresh funding from Y Combinator, other investors

VCCircle

VCCircle · 4m ago

Instant loan provider Yenmo secures fresh funding from Y Combinator, other investors

Yenmo, backed by Y Combinator, has secured over $1 million in funding from Y Combinator, Pioneer Fund, Zaka VC, and angel investors. The funds will help Yenmo expand its product offerings, including new secured lending products and a savings account with higher interest rates and better liquidity access. Yenmo also plans to enhance its digital platform for a seamless loan process, aiming for market growth through infrastructure expansion and a skilled team.

Confirmed: Photoroom, the AI image editor, raised $43M at a $500M valuation

TechCrunch · 1y ago

Confirmed: Photoroom, the AI image editor, raised $43M at a $500M valuation

Paris-based AI-powered photo-editing app, Photoroom, has closed a funding round, raising $43m at a valuation of $500m. The funding will be used to expand its team and invest in research and development and infrastructure, as well as further develop its machine learning models. The app currently processes roughly 5 billion images annually and has been downloaded over 150 million times. The funding round was led by Balderton Capital, with participation from Aglaé and Y Combinator, among others. Photoroom plans to double its 50-strong team by the end of the year.

LLM deployment platform Giga ML raises $3.6 million from Nexus Venture Partners, others

Economic Times

Economic Times · 1y ago

LLM deployment platform Giga ML raises $3.6 million from Nexus Venture Partners, others

Giga ML, a Bengaluru-based startup, has secured $3.6 million in seed funding led by Nexus Venture Partners, with participation from Y Combinator and others. Giga ML offers solutions for on-premise deployment of large language models (LLMs), aiming to address data security and compliance issues. Their platform allows enterprises to implement LLMs, such as GPT-4, on their internal servers, eliminating the need to transmit sensitive data to external servers. This is especially relevant in sectors like healthcare, legal, and financial services, where privacy and data integrity are paramount.

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