Abhi Sharma’s Post

AI and data governance are key issues that are only growing in importance! Relyance AI just closed a well deserved $32M round after inflecting the last few quarters. The bottoms up approach to map all your data and data workflows is magic that allows the most comprehensive set of trust and governance modules. Congrats Abhi Sharma and team!!

🚀 Exciting News! We're thrilled to announce that we've secured an additional $5M+ in funding in an oversubscribed seed round to help regulated enterprises securely accelerate the adoption of generative AI. Led by Fin Capital, with participation from High Alpha, Matchstick Ventures, Craft Ventures Scout Fund and veteran regulated industry executives, we’re expanding our capabilities to empower organizations in life sciences, healthcare, banking, financial services, insurance, and the public sector to quickly and securely realize the value of generative AI today. With generative AI's rapid proliferation, we recognize the urgent need for robust data protection. That's why we're here to enable enterprises to harness the full potential of AI, ensuring regulatory compliance and data security every step of the way. Our platform's model-agnostic design and secure workflow tools offer a seamless experience for end-users while providing comprehensive AI administration and oversight for security teams. Thank you to our investors, our team, and our customers. We appreciate your commitment and can’t wait for what’s next! Read the full announcement here: 👉 https://lnkd.in/gx6kExCS #SeedFunding #GenerativeAI #DataSecurity #RegulatedIndustries #Innovation #Technology #SecureAI

Read about our funding journey straight from our CEO! Last week, we successfully closed our Series A funding round, securing nearly €8M. This milestone doubles our total funding and sets us up for remarkable growth and innovation. Hear directly from our CEO and Co-Founder, Anita Schjøll Abildgaard, as she reflects on our journey and the opportunities ahead: "We knew we were early when we started Iris.ai, but we had the right team, idea, and opportunity. Despite challenges, we've persisted, driven by our unique vision and dedication. With the rise of new competition, we remain focused on delivering privacy, security, and accuracy in AI solutions for corporate R&D. This funding is proof that we are in the right place at the right time, with a unique approach ready for the world. Now, it's up to us to use this momentum to grow." Read more in the blog: https://lnkd.in/gUZpQk-u #Irisai #FundingSuccess #SeriesA #AIInnovation #ResearchRevolution #NextChapter

🎥 Another clip from our fantastic "Meet the Managers: AI" event! Yesterday, we were privileged to feature John Whaley, a true AI expert, VC Lab alumni, and now with Decile Partners. His insights were nothing short of brilliant. 🌟 As you know, at VC Lab we are all about ethics, and John has some insightful predictions about the future of AI regulations and how ethical companies will drive innovation. Don't miss our next "Meet the Managers: Dealflow Sourcing" event on May 22nd. If you're thinking about launching a fund, this is your moment. 💥 #venturecapital #vc #accelerator #investing

VC Partners Arun (Accel), Astasia (Felicis), Sebastian (Lightspeed), Jordan (Redpoint Ventures) and I met last week at the NYSE Tech Summit to discuss investing dynamics in a time when technological innovation driven by AI is moving at warp speed: Risk/reward profile of AI companies is hard to calibrate right now. On one hand, the opportunity can be massive, but on the other hand, we’re early in the adoption journey, and valuations are high. Investors are looking beyond subscription software. AI companies often have consumption/usage pricing and AI is also transforming what it means to be a “services business.” AI-based services businesses can have high gross margins, strong tech moats and limited humans-in-the-loop. Despite all the headlines around AI, what investors are looking for at the core remains the same: solving a key pain point, customer love, big market, etc. But it’s now more difficult than ever to get to the bottom of these core issues due to all the AI hype. Thank you to Chuck Adkins and the NYSE team for putting on a great event and Julie Ruvolo for being a wonderful moderator!

CanadianFamilyInvests #AIExpansion Peter Thomson's venture firm, Thomvest Ventures, is doubling down on AI investments, reflecting the growing importance of AI in enhancing productivity and security across industries. Recently, Thomvest led a $32.1 million round in Relyance AI, an AI-powered data governance platform. This marks another strategic investment following successful ventures with companies like Cohere Inc., which now boasts a $5.5 billion valuation. With AI's market predicted to reach $990 billion by 2027, Thomvest is focusing on sectors like cybersecurity and compliance, aiming to capitalize on AI's transformative potential. The firm, managing $750 million of the Thomson family's $12 billion fortune, signals a robust commitment to AI's future. #Thomvest #AIInvestment #DataGovernance #RelyanceAI #Saasverse How do you see AI shaping the future of data governance and compliance?

At Specter, we dive deep into tons of data to uncover the top companies across industries. Check out our latest report below! #company #specter #venture #machinelearning #ai #venturefund #vc

xAI just locked in a $6 billion Series B round that reads less like a cap table and more like an all-star draft. Valor Equity Partners, Vy Capital Partners, Andreessen Horowitz, Sequoia Capital, Fidelity Investments, and Kingdom Holding Company aren’t throwing money at a trend—they’re backing a revolution. With prince alwaleed in the fold, this isn’t just capital; it’s a global coalition of visionaries betting on the company rewriting AI’s DNA. Let’s talk about the “X” in xAI—the unknown that every other AI player is still chasing. While the industry leans into brute force and black-box models, xAI’s got the answer: modular architectures that prioritize explainability without sacrificing performance. Forget the flashy talk about “artificial intelligence.” xAI is focused on something far more valuable: trust. In #healthcare, #finance, and every corner where precision and accountability matter, they’re designing systems that don’t just predict outcomes—they show their work. It’s AI that doesn’t just solve problems but tells you exactly how it got there. This funding isn’t just about scale—it’s about positioning. xAI is defining the new competitive standard in a market expected to top $1.5 trillion by 2030. While others are stuck grappling with compute costs or trying to make opaque models palatable to regulators, xAI has built a platform that’s as efficient as it is transparent. That’s not just innovation—it’s inevitability. And when Valor, Sequoia, and Andreessen Horowitz line up behind you, it’s because they see what’s coming: a future where xAI sets the bar so high, the rest of the industry has no choice but to follow. Here’s the real story: $6 billion doesn’t buy hype—it backs certainty. Investors didn’t throw their weight behind xAI because it’s chasing AI trends; they did it because xAI is leading the charge into uncharted territory. This is the company solving the hardest problems at the intersection of #ethics, #engineering, and #economics. Explainability isn’t a feature—it’s their foundation. Compute efficiency isn’t a bonus—it’s baked into their DNA. That’s why they’ve built a business model regulators can trust, CFOs can love, and competitors can only dream of replicating. So, what’s next? Scaling solutions across industries where the stakes are as high as the standards: #medicine, #finance, #infrastructure, and beyond. xAI is charting the path forward for artificial intelligence, and with $6 billion fueling their mission, they’re not just redefining the future—they’re owning it. #Startups #StartupFunding #DefFirstTimeITaggedAPrince #ElonMusk #xAI #VentureCapital #Technology #AI #AIInfrastructure #Trust #Innovation #ComputeEfficiency

Spotlight on: Noetica AI 👏 Their impressive raising achievement made headlines in October, and we're proud to be part of their journey. #TheLegalTechFund #Legaltech #NoeticaAI

🚀 Stability AI just pulled a major comeback move! You know, the brainy folks behind the image-generating neural network, Stable Diffusion. They were in deep water with $100M in debt, losses piling up, and their scandalous founder plus a dozen employees jumping ship. Back in May, they were even looking for someone to buy them out. But plot twist: they just snagged $80M in funding and got themselves a new CEO! 📈 Some suppliers are also forgiving their debts 📝. The investor lineup? Star-studded! Greycroft, Coatue Management, Lightspeed Venture Partners, plus Sean Parker and ex-Google CEO Eric Schmidt. And yes, Parker's now the Chairman of the Board. 🌟 #AI #TechNews #StabilityAI