Top 10 Biggest Artificial Intelligence Funding in the First Half of 2022
Artificial intelligence funding is highly necessary to accelerate the AI-based purposes efficiently
Artificial intelligence funding — the one that can transform an AI startup into a successful and leading AI company across the global tech market. AI investment from reputed and popular venture capitalists is highly essential for an AI startup to boost its productivity and expand its strategies and target locations efficiently and effectively. Thus, there are multiple AI funding rounds such as Series A, Series B, Series C, and many more to motivate and appreciate the aim and purposes of these upcoming AI companies to make the world a better place. Let’s look out for the topmost valuable artificial intelligence funding to inspire a current AI startup to look forward to venture capitalists for millions of dollars of AI investment.
Top ten biggest artificial intelligence funding in the first half of 2022
Inflection AI
Inflection AI has received one of the top artificial intelligence funding in May 2022 worth US$225 million. It is known as the machine learning and AI start-up and is owned by Reid Hoffman, co-founder of LinkedIn, and the DeepMind founding member, Mustafa Suleyman. It has received US$225 million from venture capitalists in equity financing. The main aim is to simplify the ideas and reduce complexity with creativity and technology. This AI investment will lead to advancements in artificial intelligence to make intuitive human-computer interfaces possible in the nearby future.
Hugging Face
Hugging Face is one of the leading operators of a top platform for hosting artificial intelligence models. It has bagged artificial intelligence funding worth US$100 million from venture capitalists such as Lux Capital, Sequoia Capital, and many more. The New York-based AI startup is known for operating a Hugging Face Hub to host more than 100,000 open-source artificial intelligence models to incorporate into software projects.
Owkin
Owkin is known as a medical AI startup that has received artificial intelligence funding worth US$80 million. The main aim is to collaborate with Bistrol Myers Squibb on designing clinical trials with this AI investment from Series B1 equity investment. It leverages artificial intelligence and machine learning to discover as well as develop medical treatments.
Bud
Bud is a London-based FinTech AI startup that has secured US$80 million from Series B of artificial intelligence funding for the expansion of its open banking platform. The platform is focused on providing users access to data from a financial product efficiently and effectively. It helps global banks to reap the benefits of an open banking system to adopt digital transformation in recent times.
MoEngage
MoEngage is known as one of the leading insights-led customer engagement platforms in the global tech market. It has nabbed AI investment of US$77 million in Series E led by multiple venture capitalists such as Goldman Sachs Asset Management, B Capital, and many more. the AI startup will use this AI funding to expand the target areas in the US, Asia, Middle-East, and many more with the exploration of strategic acquisitions.
Delphia
Delphia has received one of the top AI funding in 2022 with US$60 million from Series A funding. The list of venture capitalists includes Multicoin Capital, Ribbit Capital, FJ Labs, and many more. This is a Toronto-based AI startup focused on being an algo-advisor to analyze personal datasets to drive intelligent investment decisions.
SiMa.ai
SiMa.ai is known as a machine learning and AI startup that has received US$30 million as AI funding from venture capitalists such as Fidelity Management and Research Company and many more. The main purpose of utilizing this AI investment is to boost the scaling of engineering as well as business teams at the international level. It helps to deliver a software-centric and purpose-built MLSoC platform to address any computer vision issue.
Castor
Castor, a French AI startup, has secured US$23.5 million in Series A AI funding from venture capitalists including Blossom Capital and many more. It helps to solve the issues that come up while becoming an AI-fuelled company by understanding data. It acts as a data catalogue with proper data discovery tools.
EnsoData
EnsoData has nabbed artificial intelligence funding worth US$20 million as a Madison-based healthcare AI startup. It helps to uncover disease while the patient is in deep sleep. The venture capitalists include Inspire Medical Systems, Zetta Venture Partners, and many more. It will use this AI investment to scale multinational expansion as well as commercial distribution partnerships.
Papercup
Papercup is one of the top UK AI startups that received US$20 million from Series A AI funding. It aims at bringing human emotion to artificial intelligence dubbing services across the world. It will use the AI investment to create better global video content watchable in any language with the help of emotive and realistic synthetic voices as well as AI dubbing.
