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, this week we saw dominating AI startups, continuing the summer of AI trends. 

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

Mistral AI

CEO & Co-Founder – Arthur Mensch

CTO & Co-Founder – Timothee Lacroix 

Mistral AI is a platform that will allow users to develop their own generative artificial intelligence models. Opening the AI startup game to any company and user. The company was founded only 4-weeks ago. It has already received what could be Europe’s largest seed round ever. 

Paris-based Mistral AI made the tech world news last week after securing an impressive and massive $115 Million Seed round. The investment was led by Lightspeed Venture Partners and saw participation from JCDecaux Holding, Motier Ventures, and Rodolphe Saadé in France, plus other international investors. 

The company expects to launch its first AI text generative models in 2024 and to make a significant splash in the already buzzing AI scene. The new funding will be used to develop the platform and prepare for launch. 

Series A 

Gensyn

Co-Founder – Ben Fielding

Gensyn is a network that connects engineers, researchers and academics to all the machine learning competent hardware in the world. Uniting them all in a massive tool accessible at all times. This includes GPUs and CPUs. 

London-born Gensyn just raised a  £34 Million Series A round backing led by a16z Crypto. The company functions are geared towards helping creators and innovators keep up with the ever-growing ML world. 

The boom in AI startups has created a huge demand for this type of product and Gensyn’s solution has the benefit of being blockchain-based meaning reliably it can verify that deep-learning tasks are done correctly and produce payments via tokens. The impact of AI is being felt in everything from tech, entertainment to funding rounds. 

Series B

(ClimateView CEO & Co-Founder Einar Bodström  )

Climate View

CEO & Co-Founder – Einar Bodström

President North America & Co-Founder – Jeff Goens

CPO & Co-Founder – Tomer Shalit

Climate View climate startup that combines data and systemic analysis to help cities transition to net zero economies. The company aim to link emission reduction and economic growth in order to encourage positive climate actions, creating better cities. 

Stockholm-based ClimateView closed on an additional Series A funding round of €14 Million last week. The round was led French firm 2050 with participation from other investors. Bringing its total funding to €28.3 Million. 

New funds will be used to continue development of the platform. ClimateView hopes to make climate finance a driving engine for zero-net cities and environmental action. Its product is already improving cities in Sweden, Europe and North America. 

Series C

Synthesia

CEO & Co-Founder – Victor Riparbelli

Co-Founder – Lourdes Agapito

Synthesia is an AI-powered video-generating platform that allows users to generate personalized based on text prompts. The platform uses real-life actors that have been filmed in the studio to generate new content from them. 

London-based Synthesia just coles an important Series C $90 Million round led by Accel with investment from NVentures and participation from other existing investors. The company says it has generated a year-over-year growth of 456%. 

The company will use new funding o continue developing the features on the platform, plus innovation on its core technology which has been developed in-house. AI-generated content has opened the door for companies of all sizes to get videos, designs and more at lower prices.