Every week we highlight new funding successes from companies bringing about change in their industries.  We amplify the voice of companies delivering on tech innovation whilst also utilizing remote work, or being clear on the importance of D&I to their brand. All ingredients that talent.ai focus on when selecting the best of the last 7 days. 

We see these journeys as an inspiration, offering insights to other founders, startups and innovators looking to evolve their stories into something extraordinary.  We know the hard work behind these accomplishments and always seek to recognise and applaud those involved from leadership and founders and their entire teams. 

Congratulations to all the founders and teams! 

Seed

CodiumAI 

CEO & Co-Founder – Itamar Friedman

CPO & Co-Founder – Dedy Kredo

CodiumAI is an AI developer and innovator working on generative AI to help developers test their code, as they put it they are “creating a new code integrity paradigm with the power of artificial and human intelligence” 

Tel Aviv-based CodiumAI is one of the latest AI-powered companies to secure investment and one of the most promising from Israel. The company closed a SEED round of $11 Million co-led by Vine Ventures and TLV Partners. 

News funds will bring more talent to CodiumAI, plus more tech innovation with the development of TestGPT-2. A code-building solution model based on the popular OpenAI format. AI continues to revolutionize all aspects of tech, and its development will bring a lot of new names to the scene.

Series A

CharacterAI 

CEO & Co-Founder – Noam Shazeer 

President & Co-Founder – Daniel De Freitas

CharacterAI is the leader in AI chatbox building. The company is a conversational open-ended software powered by AI, where users can create characters to engage in dialogue and as tools for idea generation, creativity and other tasks. 

Menlo Park-based CharacterAI closed a significant Series A round of $150 Million led by Andreessen Horowitz, also known as a16z, with participation from previous investors. This follows an impressive $1 Billion valuation. All of it just after 2 years of being founded by 2 ex-Google employees. 

CharacterAI Will use this new funding to continue developing its AI models, adding new features and provisioning more, plus expanding its engineering team. Another large AI raise keeping the hype going around this tech sphere.

Rain 

CEO & Co-Founder – Alex Bradford

Rain is an early wage access and financial wellness startup, that helps employees access their wages with more freedom. For founder Alex Bradford their mission is “to kill payday loans and other predatory financial products” 

Santa Monica-bases Rain raised just last week and an impressive $116 Million in their latest Series A round co-led by QED Investors and Invus Opportunities, with participation from other investors. 

Rain will use its new funds to continue the expansion of the company in tech development, infrastructure, talent headcount and more. Proof that solutions working for the benefit of users will always be leading the pack in investment and use. 

1X

CEO & Co-Founder – Bernt Øivind Børnich

1X is a robotics developer and innovator building the next generation of humanoid robots with artificial intelligence enhancements, bridging robotics into the real world and ready to perform real tasks. 

Norwegian founded 1X closed an important Series A round of $23.5 Million led by the OpenAI Startup Fund with participation from other investors. The company is behind some of the most interesting humanoid robotics technology, attracting plenty of investors’ attention. 

This recent raise will be used to increase efforts in the creation of its upcoming model NEO. A bipedal android model, plus scaling up the production of its first robot EVE across North America, and locally, in Norway.