10 Artificial Intelligence Startups of 2023 that have raised more than $300M in funding

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10 Artificial Intelligence Startups of 2023 that have raised more than $300M in funding

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Artificial intelligence (AI) is rapidly growing and evolving, and many exciting startups are using AI technology to develop innovative solutions for various industries. This article will highlight 10 of the most promising AI startups of 2023 that have raised more than $300M in funding. These startups are using AI to develop solutions for various applications, from improving healthcare and reducing waste to optimizing energy usage and enhancing security. Each of these startups has unique and innovative technology, and they are all well-positioned to drive innovation in their respective fields.

Company: Rubicon Global

Description: Rubicon is a software platform that uses innovative technology to provide smart waste and recycling solutions for businesses and governments around the world. The company's goal is to help organizations reduce their environmental impact and improve their sustainability efforts by providing them with tools to manage their waste and recycling better. Rubicon's platform allows users to track and monitor their waste and recycling, providing valuable insights and helping them make more informed decisions about reducing their waste and improving their recycling efforts.

Location: Lexington, Kentucky, United States

Funding: $382.7M

Founded in: 2008

Company: ConcertAI

Description: ConcertAI is a SaaS data company that uses AI technology to develop medical research tools in the field of oncology. The company's goal is to help researchers and medical professionals gain a deeper understanding of cancer and to develop more effective treatments for the disease. ConcertAI's tools allow users to analyze large amounts of data quickly and accurately, providing valuable insights and helping advance the oncology field. The company's cutting-edge technology has been praised by experts and has helped to drive innovation in the healthcare industry.

Location: Cambridge, Massachusetts, United States

Funding: $300M

Founded in: 2018

Company: Flatiron Health

Description: Flatiron Health is a healthcare technology and services company that uses machine-learning algorithms to accelerate cancer research and improve patient care. The company's goal is to help researchers and medical professionals gain a deeper understanding of cancer and to develop more effective treatments for the disease. Flatiron Health's algorithms allow users to analyze large amounts of real-world oncology data quickly and accurately, providing valuable insights and helping advance the oncology field.

Location: New York, New York, United States

Funding: $324.9M

Founded in: 2012

Company: CloudMinds

Description: CloudMinds is the first cloud robotics services company developing an end-to-end ecosystem to support cloud-connected smart machines. The company's goal is to help organizations integrate intelligent machines into their operations, allowing them to automate processes, improve efficiency, and reduce costs. CloudMinds' platform allows users to connect their smart machines to the cloud, providing valuable insights and enabling them to access a range of advanced capabilities. The company's solutions have been well-received in the robotics industry for their potential to drive innovation and support the growth of the emerging field of cloud robotics.

Location: Santa Clara, California, United States

Funding: $468.6M

Founded in: 2015

Company: Stem

Description: Stem is a technology company that pairs artificial intelligence with energy storage to help organizations automate energy cost savings and protect against changing rates. The company's goal is to help organizations reduce their energy costs and improve their sustainability efforts by providing them with advanced tools to manage their energy usage. Stem's platform allows users to track and monitor their energy usage, providing valuable insights and helping them to make more informed decisions about how to optimize their energy consumption. The company's solutions have been well-received in the energy industry for their potential to drive innovation and support the growth of the renewable energy sector.

Location: Millbrae, California, United States

Funding: $582.6M

Founded in: 2009

Company: Sumo Logic

Description: Sumo Logic is a log management and analytics service that transforms big data into sources of operations, security, and compliance intelligence. The company's goal is to help organizations gain valuable insights from their data, allowing them to optimize their operations, improve security, and meet compliance requirements. Sumo Logic's platform allows users to analyze their data using advanced AI algorithms, providing valuable insights and enabling them to orchestrate their cloud apps more effectively.

Location: Redwood City, California, United States

Funding: $340M

Founded in: 2010

Company: Neuralink

Description: Neuralink is a technology company that is developing ultra-high bandwidth brain-machine interfaces to connect humans and computers. The company's goal is to help advance the field of neuroscience and to develop new technologies that can improve human-computer interactions. Neuralink's technology allows users to connect their brains to computers, providing valuable insights and enabling them to access a range of advanced capabilities. The company's solutions have been well-received in the technology industry for their potential to drive innovation and support the growth of the emerging field of brain-machine interfaces.

Location: Fremont, California, United States

Funding: $373M

Founded in: 2016

Company: Cybereason

Description: Cybereason is a technology company that provides next-generation endpoint security solutions, including EDR, NGAV, anti-ransomware, and fileless malware protection. The company's proprietary AI hunting engine uses machine learning to help organizations protect their networks from cyber threats. Cybereason's platform allows users to monitor and manage their endpoints more effectively, providing valuable insights and enabling them to respond to threats quickly and efficiently. The company's solutions have been well-received in the security industry for their potential to drive innovation and support the growth of the managed security services sector.

Location: Boston, Massachusetts, United States

Funding: $750.6M

Founded in: 2012

Company: UiPath

Description: UiPath is a technology company that designs and develops robotic process automation software. The company's platform offers a foolproof development tool, allowing users to automate intricate processes and gain enhanced control over their operations. UiPath's software supports both cloud and on-premise deployment, providing robust governance and enabling users to run multiple robots on a single virtual machine. 

Location: New York, New York, United States

Funding: $2B

Founded in: 2005

Company: Recursion Pharmaceuticals

Description: Exscientia is a technology company that uses artificial intelligence to reimagine drug discovery. The company's goal is to help researchers and pharmaceutical companies develop transformative new treatments by leveraging the speed of automation and the intelligence of computers. Exscientia's platform allows users to analyze large amounts of data quickly and accurately, providing valuable insights and enabling them to discover new drugs at an unprecedented pace. The company's solutions have been well-received in the healthcare industry for their potential to drive innovation and support the growth of the pharmaceutical sector.

Location: Salt Lake City, Utah, United States

Funding: $615.4M

Founded in: 2013

In conclusion, the field of artificial intelligence is rapidly growing and evolving, and many exciting startups are using AI technology to develop innovative solutions for a range of industries. The 10 AI startups highlighted in this article are just a small sampling of the many startups using AI technology to drive innovation and positively impact the world. These startups are using AI to develop solutions for a range of applications, from improving healthcare and reducing waste to optimizing energy usage and enhancing security. Each of these startups has unique and innovative technology, and they are well-positioned to impact their respective fields significantly.

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