AI startup funding helps them financially to take their ideas to fruition.

Since technology came into existence, researchers and scientists are aiming to make machines as intelligent as humans. That is often mimicked as the final goal to where artificial intelligence is headed. However, achieving machine intelligence is not easy. Similar to how explaining the origin of the Universe or life is difficult, reaching strong AI is a thing of the far future. But if we look back at history, we can clearly say that anything is possible. Two centuries back, no one would’ve thought that wireless telephones could exist. In the 21st century, we are busy using smartphones with enormous features. Similarly, anything could be possible with artificial intelligence in the coming years. However, constant research and development is very important to take artificial intelligence to the next stage. To support the motive and unravel trailblazing products to the commercial sphere, many AI startups are working to fulfill the expectations. Throughout their journey, they are gaining support from industry leaders and vendors who have a good eye for the catch. AI startup funding helps them financially to take their ideas to fruition. In this article, IndustryWired has listed the top AI startup funding and investment that occurred in Q4 2021.

Top AI Startup Funding and Investment

Kneron

Kneron, an AI chip maker, has raised US$25 million funding with Lite-On Technology, a Taiwanese optoelectronic pioneer. Since its inception in 2015, the company has raised US$125 million. Kneron is a semiconductor company that is accelerating machine learning and many other applications. Besides, the company is also using its AI chips in autonomous driving vehicles.

Suki.AI

The healthtech startup, Suki.AI, has raised US$55 million in a Series C funding round led by March Capital. Other participants include Philips Ventures, Venrock, Flare Capital, Breyer Capital, and inHealth Ventures. The company said that the fund will be sued to make strategic investments. Suki.AI will also use the funding to enhance its AI capabilities and support Suki Assistant and Suki Speech Platform.

Overjet

Overjet is a dental Ai startup founded in 2018 and based in Boston. The company has raised US$42.5 million in a Series B funding round led by General Catalyst and Insight Partners with participation from existing investors Crosslink Capital and MIT-affiliated E14 fund. The company is aiming to revolutionize dental healthcare by using AI to improve patient care.

Haomo.AI

Haomo.AI, a Chinese autonomous driving startup has secured US$157 million in a funding round led by Hillhouse Capital. The company said that it will use the funding to bet on smart car technologies. Haomo.AI is also expected to make its Level 2 semi-autonomous driving system, which requires supervision by a human driver, available in 34 vehicle models by the end of 2022.

Dista

Dista, a deeptech startup, has raised US$1.2 million in a seed funding round led by Pentathlon Ventures in participation with Core 91 and other individual investors. Founded in 2017 and registered as an independent entity in 2020, Dista is on a mission to democratize location intelligence for enterprises.

Haber

Haber, an AI-based robotics startup, has raised US$20 million in a Series B funding round led by Ascent Capital. Other participants who contributed to the funding include Accel, Elevation Capital, Beenext, Mukul Chawla, and the founders of GreyOrange, and Samay Kohli ad Akash Gupta. Haber develops AI-driven industrial robots which automate the manual process of sample collection, measurement, analysis, and intervention at factories.