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Upcoming Founder & VC Events Happening This Week
Upcoming Events & 2024 Trends in AI & The Week’s Biggest Funding Rounds
Table of Contents
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Featured Events
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November 13 - 6PM - 9PM
We are curating a night of women empowerment, networking, panels, booths, dinner, & drinks! 🍷 🥗
November 22 4pm - 9pm
Calling all Agentic AI Investors, Startups, Founders, Builders, & Enthusiasts:
Join Aiify.io, Founders Bay, Blitzscaling Ventures, Fetch.ai, theAgentic.ai, and many more at Digital Garage / DG717 for our AI Agent (Seed Round) Startup Pitch Night!
This is the place to explore and discover the next big things in Agentic AI. (And, yes, we're talking Agents!)
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AI Trends in 2024: Top Industries Being Disrupted
As we move through 2024, it’s clear that AI is becoming a major force in the world. From improving healthcare to transforming transportation, AI is being used in powerful new ways. One key sign of its growing influence is the dramatic rise in global funding for AI and cloud technologies—from $40 billion in 2023 to $79 billion in 2024. This doubling of investment shows just how important AI is becoming across industries.
Are you building an AI product and need expert advice for top AI/ML Engineers? You can book time with TheAgentic team to learn more: https://scheduler.zoom.us/theagentic-ai/demo
The Week Biggest Funding Rounds
This week’s biggest funding rounds highlight a strong investor focus on AI-driven robotics, with Physical Intelligence raising $400 million to improve robot functionality through AI-enhanced software. Additionally, there’s continued robust support for neuroscience and biotech startups, indicating that investors are increasingly betting on advancements in healthcare technologies, from brain-computer interfaces to drug development.
Physical Intelligence, $400M
Sector: Robotics
Details:
Raised $400 million at a $2 billion valuation led by Jeff Bezos, Lux Capital, and Thrive Capital.
The company develops AI-enhanced software to be used across various robot models, eliminating the need for separate software for each model.
Founded in San Francisco, Physical Intelligence raised a $70 million seed round in March 2024 at a $400 million valuation.
Total funding raised: $470 million.
Precision Neuroscience, $93M
Sector: Neuroscience
Details:
Raised a $93 million Series C funding round.
Specializes in brain-computer interface technology.
Founded in 2021, the company has raised $146 million.
AmplifyBio, $50M
Sector: Biotech
Details:
Secured a $50 million investment (with potential to scale to $65 million) from Vitrian for a new manufacturing enablement center in Ohio.
Founded in 2021, AmplifyBio has raised nearly $330 million.
Inquis Medical, $40M
Sector: Medical Technology
Details:
Closed a $40 million Series B round led by Marshall Wace.
Specializes in thrombectomy systems.
Founded in 2020, this is the company’s first round with a disclosed amount.
PrognomiQ, $34M
Sector: Healthcare
Details:
Raised a $34 million Series D round led by Seer.
Develops detection tests for cancer and other complex diseases.
Founded in 2020, PrognomiQ has raised over $135 million.
Managing Partner, Founders bay
Hi! I'm Mariane Bekker, an investor and a tech executive with over a decade of experience building high-performing engineering teams at leading startups such as New Relic and Mindbody. I've led engineering through 5 acquisitions and 1 IPO.
I’m the founder of Founders bay and Women Founders bay, connecting founders with expert guidance, events and funding opportunities in the Bay Area.