AI & RoboticsNews

City Detect, which uses AI to help cities stay safe and clean, raises $13M Series A

City Detect, a company that uses vision AI to help local governments monitor the health of buildings and neighborhoods, announced on Friday a $13 million Series A round led by Prudence Venture Capital. The startup launched in 2021, and Gavin Baum-Blake, the remaining co-founder, serves as CEO. He said the company was founded in part because cities were struggling to deal with “urban blight…
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AI & RoboticsNews

Lio raises $30M from Andreessen Horowitz and others to automate enterprise procurement

Lio’s co-founders know firsthand that procurement – the process enterprises use to purchase services from vendors – is often a bottleneck. Vladimir Keil, the company’s co-founder and CEO, had experienced this problem as an employee inside a large company and then again while building his first startup. “When we were selling enterprise software, we had to go through…
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AI & RoboticsNews

One startup’s pitch to provide more reliable AI answers: Crowdsource the chatbots

John Davie wanted Buyers Edge Platform, the hospitality procurement enterprise he founded and still leads, to benefit from the AI wave. When he looked around, the CEO wasn’t satisfied with the options. The answer was CollectivIQ, a Boston-based company incubated at Buyers Edge Platform that gives users more accurate answers to their AI queries by showing them responses that pull information…
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AI & RoboticsNews

Investors spill what they aren’t looking for anymore in AI SaaS companies

Investors have been pouring billions into AI companies over the past few years, as the technology continues to hold sway in the Valley and thus the world. But not all AI companies are grabbing investor attention. Indeed, even as it seems every company these days is rebranding to include “AI” in its name, some startup ideas are just no longer in favor with investors. TechCrunch spoke…
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