👋 Welcome to the LLMOps community's funding news section. Here, we bring you the latest investments, fundraising, and financial activities developments across the LLMOps space. 💰
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Company Name | Summary | Amount raised | Funding round | Announcement date | Link to announcement |
The company raised $30M in a deal led by Balderton Capital. The funds will be used to grow the company's sales strategy and to expand its presence in the US. The company’s software is built to apply research on NLP and transfer learning to deploy applications. | $30M | Post Series A | August 9, 2023 | ||
Cohere received $270M in funding through its Series C round. The new capital will fuel the continued development of Cohere’s AI platform, which is focused on enterprise customers. | $270M | Series C | Jun 09, 2023 | ||
LlamaIndex received $8.5M in a recently closed seed funding round. Funding will be used to build an enterprise solution atop the open-source LlamaIndex project | $8.5M | Seed | Jun 06, 2023 | ||
Predibase expanded its initial Series A funding round ($16.25M) by $12.2M, through investor Felicis. Predibase plans to use the new funding to expand its go-to-market functions and build out its platform. | $12.2M | Post Series A | May 31, 2023 | ||
Anthropic raised $450M, led by Spark Capital, in Series C funding. Funding will be used to grow product offerings, support business that will responsibly deploy Claude in the market, and further AI safety research | $450M | Series C | May 23, 2023 | ||
Etched raised $5.4M in a seed round by Primary Venture Partners, valuing Etched at $34M. A startup that has designed a more specialized, less power-intensive chip for running generative AI models | $5.4M | Seed | May 16, 2023 | ||
Fixie received $17M in funding, $12M of which is seed funding, and $5M in pre-seed funding. Fixie plans to grow its eight-person team to 20 by the end of the year. Before then, it’ll focus mainly on customer acquisition | $17.5M | Seed | Mar 30, 2023 | ||
Seldon raised a $20M Series B funding round. | $20M | Series B | Mar 16, 2023 | ||
MindsDB received $16.5M in Series A investment led by Benchmark. MindsDB currently employs 22 people and hopes to approach 40 by year’s end. | $16.5M | Series A | Feb 7, 2023 |