Deal Corner- U.S. AI Startup Poolside Raises $126m Seed Round
Paris has a new foundational AI player. Poolside AI, a startup that wants to create a ChatGPT-like tool that can write software code, has raised a mammoth $126m seed round, according to two sources directly involved with the fundraising.
The US-based startup has also opened a French subsidiary and decided to move its HQ to Paris, sources say. It will continue building the business in France in a big boost to the country’s AI ambitions..
STELSI Receives Strategic Investment from NGC Ventures’ $100 mn Metaverse Fund
STELSI, a metaverse architectural project, proudly announces its successful attraction of strategic investment from the $100 million fund initiated by NGC Ventures, a global virtual asset fund dedicated to investments in the Web3 and Metaverse sectors, on August 25th, 2023.
STELSI is a web3-based lifestyle platform built upon blockchain technology , primarily focusing on revolutionizing the architecture and real estate industry. This innovative endeavor operates as an architectural metaverse project, overseeing everything from architectural planning and design to construction and building management.
AI Startup Intenseye Raising Funds From Lightspeed At $300 mn Valuation
Buzzy AI startup Intenseye is raising funds, which is expected to triple the company’s valuation. Venture capital firm Lightspeed Venture Partners is leading the Series B , multiple sources tell Forbes, which will value the workplace safety AI company at approximately $300 million.
BlockTower Co-Leads $5 mn Strategic Funding Round For DeFi Lender Maple Finance
DeFi lending protocol Maple Finance raised $5 million in new strategic funding.
BlockTower Capital and Tioga Capital led the fundraise, which saw additional participation from Cherry Ventures, The Spartan Group, GSR Ventures, Veris Ventures, Maven 11 Capital and Framework Ventures, the company wrote on social media.
Web3 Marketing Firm DeForm Raises $4.6 mn in Seed Funding
Born from its parent firm Contribution Labs, the San Francisco-based startup DeForm, offers marketers blockchain-based tools to help augment the digital marketing landscape. Marketers can use the DeForm platform to understand a user based on their wallet transaction history and token ownership, and thus provide tailored marketing initiatives.
The platform itself is blockchain agnostic but built using Alchemy’s developer platform.
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