Joyce’s picks: musings and readings in AI/ML, January 13, 2025

5-minute weekly must-read on data science and artificial intelligence news, funding, and research, curated by Joyce Shen.

📌 Musings and Readings

“Chinese AI company MiniMax releases new models it claims are competitive with the industry’s best” (TechCrunch)

“Google signs deal with AP to deliver up-to-date news through its Gemini AI chatbot” (AP)

“It’s time for Apple to press pause on its AI news summaries” (Fast Company)

👏 Deals

Billboxx, a New York-based startup building an integrated billing-to-payment platform that streamlines invoicing, payments, and cash flow management for businesses across Africa, has raised $1.6m in pre-seed financing. 

RoboForce, a CA-based startup developing robots using AI to tackle hazardous or labor-intensive tasks, addressing workforce gaps in clean energy, manufacturing, and space, has raised $10m in financing. 

Aptitude Medical Systems, a CA-based healthcare tech company focusing on democratizing diagnostics by providing individuals with easy access to lab-quality tests, has raised $10m in financing.

Jones, a New York-based software company using AI to automate insurance compliance for real estate and construction and streamline document verification and risk management, has raised $15m in series B financing.

Northern Light Group, a MA-based company providing AI-driven knowledge management solutions, focusing on integrating and analyzing market research, industry intelligence, and internal data for global enterprises, has raised $23m in financing.

Fazeshift, a CA-based startup leveraging AI to automate accounts receivable processes, streamline workflows and improve cash flow, has raised $4m in seed financing.

Mili, a TX-based startup developing an AI meeting assistant designed for wealth advisors, transforming client meetings into organized notes and actionable follow-ups to enhance client relationship, has raised $2m in seed financing.

Deep Vector, a New York-based startup utilizing AI to extract and structure data from unstructured documents and automate workflows for efficient operations in insurance, healthcare, and finance, has raised $1.5m in seed financing.

Stellar, an IN-based startup integrating AI technologies into business operations, offering workshops, assessments, and solutions for industries like IoT, healthcare, and consumer goods, has raised $2.7m in seed financing.

Red Rover Health, an IA-based healthcare tech company developing a platform that connects third-party software with electronic health record (EHR) systems via APIs to enhance patient care and operational efficiency, has raised $4m in financing.

Abstract, a New York-based startup developing an AI platform for legislative and regulatory policy analysis to help organizations identify relevant information and assess policy impacts, has raised $4.8m in seed financing.

Advanced Ionics, a Wisconsin-based climate tech company developing electrolyzer technology for cost-effective green hydrogen production to decarbonize heavy industries through integration with existing industrial processes, has raised $6.7M in financing.

Relief Cardiovascular, a CA-based healthcare tech company developing a novel closed-loop transcatheter implant designed to treat congestive heart failure, has raised $12m in series A financing.

Oxford Cancer Analytics, a UK and Canada-based healthtech startup leveraging advanced proteomics and AI to develop blood tests for early lung cancer detection, has raised $11m in series A financing.

Holly, a New York-based startup utilizing AI to automate government hiring by streamlining job descriptions and delivering real-time compensation insights and actionable workforce analytics, has raised $2.2m in pre-seed financing. 

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