AI in flavors to suit everyone’s taste…
Enterprise AI, genAI, Cognition AI, and whatever flavor of AI you prefer are out there or will be soon. Coding assistants, sure. Language assistants, yes, please. How about some AI chips sprinkled on top?
You’re not looking in the right shop if you don’t see your flavor.
Notable trends this week…
- Foreign deals dominated
- Smaller funding week with mostly single-digit deals
- Taking more VCs to close deals
Up next are this week’s top 5 VC deals…
1Alps Blockchain
$115M, Capital | Debt | Italy | Blockchain | Azimut | https://www.alpsblockchain.com/
Website Overview:
“Alps Blockchain is an Italian company with a global outlook, which aims to combine professional digital mining activity with the development of the energy sector.”
2Morpho Labs
$50M, Capital| Equity | France | Blockchain | Ribbit Capital, a16z Crypto, Coinbase Ventures, Variant, Pantera, Brevan Howard, BlockTower, Krazen Ventures, Hack VC, ISOG, Rockaway, L1D, Semantic, Mirana, Cherry, Fenbushi, LeadBlock Bitpanda Ventures, Robot Ventures | https://morpho.org/
LinkedIn Overview:
“Morpho Labs is a research and software development company contributing to the development, adoption, and decentralization…”
3Aveni
$14.4M, Series A, Capital | Equity| Scotland | Fintech | Puma Private Equity, Par Equity, Lloyds Banking Group, Nationwide | https://aveni.ai/
Website Description:
“Our AI assistant accompanies you on every call, automatically mining the relevant information to drive automation and improvements across multiple areas of your business…“
4Rillet
$13.5M, Pre-Seed and Seed, Capital| Equity | NYC | Fintech | Creandum, First Round Capital, Chad Byers (Susa Ventures), Kevin Hartz | https://www.rillet.com/
LinkedIn Description:
“Rillet is the first accounting platform made to tailor fit the workflows of accountants. Through curated native integrations, deterministic algorithms…“
5Lean Pay
$10.7M, Series B, Capital | Equity | UK | Payments | BlackPeak Capital, Catalyst Romania Fund II, South Central Ventures, Lead Ventures | https://leanpay.com/
LinkedIn Description:
“Leanpay, a pioneer in BNPL 3.0, empowers vendors and consumers with innovative installment payment solutions…”
