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Female-founded semiconductor AI startup SixSense raises $8.5M | TechCrunch

TechCrunch · 6m ago

Female-founded semiconductor AI startup SixSense raises $8.5M | TechCrunch

Singapore-based AI startup SixSense, founded by engineers Akanksha Jagwani and Avni Agarwal, raised $8.5 million in Series A funding. Their platform aids semiconductor manufacturers by predicting chip defects in real-time, enhancing quality control and yield. The platform, designed for process engineers, doesn’t require coding, facilitating faster deployment. SixSense collaborates with major semiconductor producers, achieving significant improvements in production speed and efficiency, and is expanding into new global markets amid shifting geopolitical dynamics.

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Sam Altman-backed Coco Robotics raises $80M | TechCrunch

TechCrunch · 7m ago

Sam Altman-backed Coco Robotics raises $80M | TechCrunch

Coco Robotics, a Los Angeles-based startup focused on last-mile delivery robots, secured $80 million in funding, featuring investors like Sam Altman and Max Altman. This round elevates the company’s total funding to more than $120 million. Founded in 2020, Coco Robotics' zero-emissions robots have completed over 500,000 deliveries and collaborate with major retailers like Subway and Wingstop. A partnership with OpenAI allows the startup to utilize AI for enhancing its operations.

Meet the latest female-founded startups in Peak XV's third cohort of Spark

VCCircle

VCCircle · 1y ago

Meet the latest female-founded startups in Peak XV's third cohort of Spark

Peak XV Partners recently announced its third cohort of female-founded startups in their Spark program. This cohort features startups in various industries such as AI, travel, fraud detection, wholesale trade, e-commerce, and healthcare. Spark aims to support and empower female entrepreneurs in their journey and provide them with access to valuable resources and mentorship. The program is part of Peak XV Partners' efforts to promote diversity and inclusion in the startup ecosystem.

Buildots raises $45M to help companies track construction progress | TechCrunch

TechCrunch · 8m ago

Buildots raises $45M to help companies track construction progress | TechCrunch

Buildots, a Chicago-based startup, raised $45 million in a Series D funding round to enhance its AI and computer vision platform, which tracks construction progress using images from 360-degree cameras on-site. Founded in 2018, Buildots aims to assist managers in making informed decisions by providing real-time data and alerts regarding potential risks or delays. The funding will help expand the platform's capabilities across the construction lifecycle and improve AI model training.

AI semiconductor startup Agrani Labs raises $8 Mn led by Peak XV

Entrackr

Entrackr · 8d ago

AI semiconductor startup Agrani Labs raises $8 Mn led by Peak XV

Bengaluru-based Agrani Labs, an AI semiconductor startup, has come out of stealth and raised $8 million in a seed round led by Peak XV Partners with participation from angel investors. The proceeds will be used to scale engineering efforts and advance product development as Agrani Labs works towards building globally competitive AI compute solutions from India. Founded by Dheemanth Nagaraj, Ashok Jagannathan, Srikanth Nimmagadda, and Rajesh Vivekanandham, Agrani Labs is working on building a high-performance AI GPU designed for data centres. The startup is entering a market that is seeing rapid growth, driven by rising demand for AI compute infrastructure, but remains dominated by a few global players. Agrani Labs is building a full-stack AI compute platform, covering both hardware and software. Along with GPU design, the company is developing its own software stack, including compilers, libraries, system software, and AI frameworks. Agrani Labs has also onboarded Vinod Dham, widely known as the “Father of the Pentium,” as a founding advisor. Dham previously played a key role in Intel’s processor roadmap and is closely associated with India’s semiconductor ecosystem. The startup has already made progress on architecture and product definition and has built early versions of its hardware and software stack. Agrani Labs is also working with academic institutions, semiconductor partners, government research bodies, and software ecosystems to accelerate development.

AI recruiter Alex raises $17M to automate initial job interviews | TechCrunch

TechCrunch · 4m ago

AI recruiter Alex raises $17M to automate initial job interviews | TechCrunch

Alex, an AI startup, has raised $17 million to automate initial job interviews, streamlining recruitment by handling routine screening tasks for recruiters. Founded by Aaron Wang, the AI tool conducts autonomous video and phone interviews shortly after job applications are received. Despite competitors like HeyMilo and ConverzAI, Alex is already working with major companies, including Fortune 100 firms. The investment was led by Peak XV Partners, with participation from Y Combinator and other notable investors.

STAN bags $8.5M from Google’s AI Fund, Bandai Namco, others

YourStory

YourStory · 6m ago

STAN bags $8.5M from Google’s AI Fund, Bandai Namco, others

STAN, a mobile-native social gaming platform, raised $8.5 million from investors such as Google’s AI Futures Fund, Bandai Namco, and others. Founded in 2022, STAN targets gaming creators, publishers, and communities by offering tools for monetization and engagement. The funding will support the platform's expansion in India and other mobile-first markets, enhance AI-driven personalization, and enable new integrations. STAN claims over 25 million downloads, especially gaining traction in India’s Tier II and III markets.

Semiconductor startup Netrasemi raises Rs 107 crore from Zoho, Unicorn India Ventures - The Economic Times

Economic Times

Economic Times · 6m ago

Semiconductor startup Netrasemi raises Rs 107 crore from Zoho, Unicorn India Ventures - The Economic Times

Netrasemi, a Kerala-based semiconductor startup, raised Rs 107 crore from Zoho Corporation and Unicorn India Ventures. Founded in 2020, the company develops edge AI system-on-chip (SoC) circuits for IoT applications, focusing on local data processing. Currently in its R&D phase, Netrasemi aims to launch its product by 2026. The funding will enhance R&D and manufacturing capabilities. Zoho supports the venture for its potential in domestic innovation and global product competitiveness.

India's more than 6,000 women-led startups remain unfunded: Tracxn

Livemint

Livemint · 1y ago

India's more than 6,000 women-led startups remain unfunded: Tracxn

India's startup ecosystem continues to exhibit gender biases, with over 6,000 companies founded by women remaining unfunded to date. Despite India being home to 8,800 startups with female founders and over $23.3 billion in cumulative funding, only around 2,300 startups with female founders have received funding so far. Additionally, VC funding in female-owned startups has declined by 75% in the past three years. However, there has been a significant rise in funding for women-led startups in 2021, with $6.5 billion raised compared to $1.1 billion projected for 2023.

Colossa WomenFirst Fund raises Rs 100 Cr in first close

Entrackr

Entrackr · 1y ago

Colossa WomenFirst Fund raises Rs 100 Cr in first close

Colossa Ventures, a SEBI-registered independent venture capital management company, has announced the first close of its maiden fund – Colossa WomenFirst Fund at Rs 100 crore. The fund with a target corpus of Rs 500 crore will primarily focus on investing in the pre-Series A stage and beyond. Based on research Colossa aims to create a niche in healthcare & healthtech, fintech, climate & cleantech, deeptech and the consumer sectors. The fund’s strategy is to leverage gender-diversity to generate alpha, and has attracted institutions such as SIDBI and family offices like Dr. Ranjan Pai’s Family Office, and the Shriram Ownership Trust, among others to invest in the first close. Co-founded in 2022 by Ashu Suyansh and Vandana Rajadhyaksha, Colossa WomenFirst Fund is a sector-agnostic venture growth fund, that seeks to revolutionize the startup landscape by focusing exclusively on women-founded or co-founded, or where women are the main beneficiaries. A bunch of women-focused funds are currently active in India. For context, Kalaari Capital runs CXXO initiative for female founders. Gender-focused investment platform Achieving Women Equity (AWE) Funds also launched its maiden India fund amounting to Rs 350 crore. Search giant Google runs a program called Google for Startups Women Founders Fund and provides $100,000 in equity-free cash to female-founded startups. Saha Fund, She Capital, and StrongHer Ventures also focus on women founder-led startups.

Inception raises $50 million to build diffusion models for code and text | TechCrunch

TechCrunch · 2m ago

Inception raises $50 million to build diffusion models for code and text | TechCrunch

Inception, an AI startup focusing on diffusion-based models, secured $50 million in seed funding led by Menlo Ventures, with key investors like Microsoft and Nvidia. Founded by Stanford professor Stefano Ermon, the company plans to use these models for diverse tasks, including software development, with their Mercury model already integrated into several tools. Diffusion models promise increased speed and efficiency over traditional auto-regression models, handling large codebases effectively and offering lower latency in complex tasks.

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