Since most global industries are choosing AI based technologies, as a result IT and tech domain are motivated to present various AI based technologies. And hence evolve the technological industry. From 2014 to 2021, the amount of money invested in start-up companies working in the artificial intelligence (AI) market worldwide has steadily increased.
Darwinbox
Darwinbox recently surpassed the unicorns in the Analytics SaaS domain. The company specialises in producing HR management software for large corporations and has become the first true local player to enter the illustrious unicorn club with a valuation of more than US$1 billion.
Fractal
Mumbai-based Fractal and San Francisco-based TPG, a private equity firm, has invested US$360 million in Fractal. TPG Capital Asia, TPG’s Asia-focused private equity platform, would make the investment. Fractal provides artificial intelligence (AI) and analytics solutions to several Fortune 500 companies around the world, including marketing analytics, forecasting, pricing, and promotion optimization services, and consumer insights. It is one of the most well-funded artificial intelligence start-ups on the list.
Moffett AI
A chip design firm based in Shenzhen, has received a new Series A injection. The company did not specify the amount, only stating that it was in the “several tens of millions of dollars.” Moffett promises that its AI chips will be distinguished by the use of “sparsification,” a process that removes unnecessary information from neural network models, resulting in faster processing. It is one of the most well-funded artificial intelligence start-ups to look for in 2022.
Viz.ai
Leading AI-powered disease detection and care coordination platform, Viz.ai has raised a $100 million funding round at a valuation of $1.2 billion. Tiger Global and Insight Partners led the Series D round, which comes as the number of hospitals using the Viz Platform exceeds 1,000 and the number of patients served reaches millions. Several of the company’s early backers, including Scale Ventures, Kleiner Perkins, Threshold, GV (formerly Google Ventures), Sozo Ventures, CRV, and Susa, also participated in the round. It is one of the other funded artificial intelligence start-ups on the list.
Run.AI
Developer of an AI infrastructure orchestration and management platform, Run.Ai has announced on Tuesday that it has raised US$75 million in a Series C round led by Tiger Global Management and Insight Partners, who previously led the Series B round. Additional existing investors, TLV Partners and SCapital VC, have joined the round, bringing the total funding raised to date to US$118 million.
OpenSea
One of Silicon Valley’s most talked-about blockchain startups, has raised $300 million in new venture capital, becoming the latest company to cash in on the rush to fund cryptocurrency start-ups. Investment firms Paradigm and Coatue Management, has led the new round of funding, to a startling valuation of US$13.3 billion in just four years after its inception. It is one of the most well-funded artificial intelligence start-ups to watch in 2022.
7bridges
7bridges, an AI-based automation platform that ingests a company’s supply chain, operating, and logistics data to present a user with optimised recommendations for how to move goods, is announcing US$17 million in new funding, indicating market demand to address and fix how supply chains work.
Actyv.ai
An AI-powered enterprise SaaS start-up, Actyv.ai has raised $5 million in a pre-series A round. Dubai-based 1Digi Investment management firm has helped the company in a funding round to scale up and expand globally. The Bengaluru-based start-up helps enterprises solve complex business and real-world industry issues by capitalizing existing IT systems and the company’s low-code and no-code workbench.
We360.ai
Bhopal-based We360.ai announced on April 11 that it had raised US$500,000 in seed funding. The employee productivity monitoring software was funded by GSF Accelerator, SucSEED Innovation Fund, and GOQii’s founder and CEO, Vishal Gondal, among others.
Data Sutram
Data Sutram, a Mumbai-based location intelligence startup has received $2.07 million in funding from prestigious investors including Varanium Capital and Yatra Angel Network. Data Sutram provides sector-specific data packages to assist businesses in efficiently acquiring customers. It plans to use the AI funding to expand its operations on a global scale and invest in new data sources. It is one of the most well-funded artificial intelligence start-ups to watch in 2022.
