Joyce’s picks: musings and readings in AI/ML, October 28, 2024

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

📌 Musings and Readings 

“Optical neural networks: progress and challenges” (Nature)

“DeepMind and Hugging Face release SynthID to watermark LLM-generated text” (Venturebeat)

“Memorandum on Advancing the United States” Explained (CSIS)

👏 Deals

Biological Lattice Industries, a Boston-based startup creating a unified platform for researchers in biomaterials design, fabrication, and testing by automating workflows to enhance reproducibility and refine biofabrication, has raised $1.8m in pre-seed financing.

Oriole Networks, a UK-based startup developing the technology to decrease energy consumption in AI data centers by training large language models with optical systems, has raised $22m in series A financing. 

Where You At (WYA), a London-based startup building a patented mesh system like Google Maps for indoor spaces to monitor connectivity and crowd data, enabling real-time location sharing for event operators while offering users offline connectivity and safety alerts,  has raised £2.5m in pre-seed financing. 

mPATH, a NC-based healthcare tech company focusing on early cancer screening through personalized engagement to ensure better outcomes for patients, has raised $3m in financing.

CrewAI, a CA-based startup developing and implementing automated systems with AI agents on any LLM and cloud platform to optimize workflows across industries, has raised $18m in financing. 

Universal Fuel Technologies, a CA-based startup dedicated to reducing sustainable aviation fuel costs through its chemical process to convert sustainable materials into high-quality fuels, has raised $3m in seed financing.

Dryad Networks, a Berlin-based climate tech company offering early wildfire detection and monitoring solutions for forest well-being using solar-powered gas sensors, has raised €6.3m in financing.

Agentech, a New York-based startup building an AI-powered platform to help insurance claims adjusters manage manual processes, has raised $3m in seed financing.

Turnover Labs, a New York-based startup specializing in technology to convert excess carbon dioxide from chemical manufacturing into valuable chemical building blocks, has raised $1.4m in pre-seed financing.

Optiwise.ai, a CA-based startup employing GenAI-powered assistant to enhance product listings and advertisements with tailored strategies specifically designed for Walmart sellers, has raised $2.4m in seed financing. 

Attention, a New York-based company building an AI-driven platform to convert customer calls into practical insights, automating the costly, error-prone analysis process and enabling sales teams to close more deals, has raised $14m in series A financing.

Cascade AI, a WA-based company focusing on employee assistance in HR and benefits with an AI assistant to support various HR functions and enhance the employee experience, has raised $3.7m in financing.

Planetary Technologies, a Canada-based climate tech company concentrated on ocean-based strategies, developing a process called ocean alkalinity enhancement to reduce atmospheric carbon dioxide levels, has raised $11.3m in Series A financing.

Mave, a Canada-based startup creating an AI-powered platform for real estate to streamline workflows with real-time market insights, automated marketing, and personalized content, has raised CAD$2m in pre-seed financing. 

Pharos, a CA-based startup building an AI-driven analytics platform to streamline clinical quality reporting for hospitals, enabling clients to report to new registries and generate critical metrics reports without manual effort, has raised $5m in seed financing.

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