Generative AI Funding Round Up Fall 2023
As part of our coverage of generative AI and synthetic media, we’ve begun tracking notable funding rounds for startups in the space. We’ve collected the investments since the last roundup and are sharing the basics of what the startup does with generative AI and the details of their funding round. Check out the list below, arranged alphabetically.
| Startup | Generative AI Business | Amount Raised | Round Leader | Month |
| Abridge | Clinical generative AI assistant | $30M | Spark Captial | October 2023 |
| AI21 Labs | Jurassic family of LLMs, Wordtune synthetic text creator and editor | $155M | Walden Catalyst | August 2023 |
| Anthropic AI | Claude family of LLMs | $100M | SK Telecom | August 2023 |
| CentML | Machine learning and AI model efficiency analysis and improvement | $27M | Gradient Ventures | October 2023 |
| Cleanlab | Automated data curation and organization | $25M | Menlo Ventures and TQ Ventures | October 2023 |
| Context.ai | Generative AI performance analytics platform | $3.5M | Gradient Ventures | September 2023 |
| Correcto | Spanish language generative AI writing assistant for | $7M | Octopus Ventures and Carya Venture Partners | September 2023 |
| Databricks | Data storage and analytics firm | $500M | T. Rowe Price Associates | September 2023 |
| Druid | ChatGPT-powered conversational AI | $30M | TQ Ventures | September 2023 |
| Enfabrica | Generative AI infrastructure hardware | $125M | Atreides Management | September 2023 |
| Gizmo | Educational tool generator for studying and testing | $3.5M | NFX | October 2023 |
| Gradient | LLM customization | $10M | Wing VC | October 2023 |
| Helsing | Defense AI developer | $223M | General Catalyst | September 2023 |
| Hugging Face | Open-source generative AI models | $235M | Salesforce Ventures | August 2023 |
| Ideogram | Synthetic image generator | $16.5M | Andreeson Horowitz and Index Ventures | August 2023 |
| Imbue | LLM research group | $200M | Astera Institute, Nvidia | September 2023 |
| Inworld AI | Generative AI character creation platform | $50M | Lightspeed Partners | August 2023 |
| LastMile AI | Embeds generative AI features into apps | $10M | Gradient Ventures | September 2023 |
| Luda | Generative AI agent training | $7M | Bitkraft Ventures and Compound | October 2023 |
| Luzia | Generative AI chatbot assistant | $10M | Khosla Ventures | October 2023 |
| Meeno | Generative AI relationship mentoring mobile app | $3.9M | Sequoia Ventures | September 2023 |
| Modular | Generative AI infrastructure streamlining | $100M | General Catalyst | August 2023 |
| Observe | AI data tracking and analysis | $50M | Sutter Hill Ventures | October 2023 |
| Reality Defender | Deepfake and synthetic media detection | $15M | DCVC | October 2023 |
| Riffusion | Generative AI synthetic music production | $4M | Greycroft. | October 2023 |
| Writer | Corporate generative AI assistant | $100M | Iconiq Growth. | September 2023 |
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