AI - Alignment, Art, Healthcare & More (7.6.24)

???Welcome to this week's edition of Friday Roundabout, where we dive into the most interesting European early stage rounds.

This week, we spotlight innovative startups across various sectors, from green IT solutions and generative AI safety to fintech, SaaS, and healthcare technologies ???????

1???Sopht ???? (Green IT / IT Decarbonization) - Leading the charge in decarbonizing corporate IT infrastructure.

SophT is on a mission to decarbonize corporate IT by tackling the significant environmental impact of digital infrastructure.

Sopht's solutions help companies reduce their "cloud operations by repositioning data center locations and adjusting the energy mix" as well as optimize the physical workspaces by selecting eco-friendly devices and "increasing asset retention".

The platform’s key value propositions include real-time carbon tracking, seamless integration with existing IT systems, and actionable insights to drive sustainable practices. This empowers companies to significantly lower their environmental impact, enhance operational efficiency, and support broader climate initiatives.

Founded by Jérémie VEG, Julien Rouzé, and Gautier Levert, SophT aims to support companies in making eco-friendly IT decisions that lead to better business outcomes and a healthier planet.

?? SophT has recently raised €3.3 million in seed funding led by Axeleo Capital, accelerating their growth and expanding their impact across Europe.

2?? Alinia AI ???? (AI / Generative AI Safety) is ensuring safe and controlled deployment of generative AI technologies.

Alinia AI is dedicated to helping companies deploy safe and controlled generative AI applications, mitigating the risks of AI systems going rogue. Their platform ensures that generative AI models operate within defined safety parameters, providing businesses with the confidence to leverage advanced AI capabilities without compromising security or ethical standards.

The platform’s key value propositions include robust safety protocols, real-time monitoring, and compliance with industry regulations. This allows companies to innovate with AI while maintaining control and oversight, ultimately enhancing the reliability and trustworthiness of AI-driven solutions.

Founded by a strong team of AI experts Ariadna Font Llitjós and Trey Granderson, Alinia AI aims to lead the industry in creating secure AI environments that enable businesses to harness the full potential of generative AI responsibly.

?? Alinia AI has recently raised $2.4 million in a pre-seed funding round led by Speedinvest, with participation from Precursor Ventures, K Fund VC, and notable investors including co-founders of Hugging Face and GitHub.

3???Exactly.ai ???? (Generative AI / Art) - Empowering artists with AI for scalable and monetizable creations.

Exactly.ai is revolutionizing the art world by enabling artists to train a personal ai on their artwork.

Based in London, this platform allows artists to build and train their own AI models based on their individual artistic styles, ensuring that their unique creative signatures are retained and legally owned.

Since its launch, Exactly.ai has registered 40,000 artists worldwide, transforming how both established and emerging artists create, distribute, and monetize their designs. The platform offers a subscription-based model that significantly boosts artists’ income by allowing them to meet the growing demand for high-quality, scalable artwork.

Founded in 2022 by Tonia Samsonova, a former journalist and entrepreneur, Exactly.ai aims to bridge the gap between technology and creativity. The platform integrates foundational models from Picsart and proprietary algorithms to help artists efficiently reproduce their designs for various markets, including media and advertising.

?? Exactly.ai recently secured $4.3 million in seed funding, led by Speedinvest with participation from InReach Ventures, Cornerstone VC, GuruDev Capital, and several angel investors.

4?? Sibill ???? (Fintech / SaaS) - Revolutionizing financial management for SMEs with innovative SaaS solutions.

Sibill, an innovative Italian fintech startup, specializes in Software as a Service (SaaS) solutions for accounting and financial management tailored to small and medium-sized enterprises (SMEs). By simplifying communication and information flows between top management and administrative departments, Sibill enhances interaction with accountants and ensures more efficient and automated processes.

Key functionalities of Sibill’s platform include electronic invoicing, scheduling management, cash planning, and control. As a SaaS solution, it offers continuous updates and robust data security, making it an attractive, low-investment option for businesses.

Founded by Mattia Montepara (CEO), Lorenzo Liguori (Chief Product Officer), and Dario Prencipe (Chief Data Officer), Sibill leverages their extensive experience in the fintech sector to shape its mission and strategy.

?? Sibill recently secured €6.2 million in funding, led by Keen Venture Partners with participation from Exor Ventures, Founders AS, Global Founders Capital, Not Boring, Banana Capital, and Plug and Play Tech Center.

5???Spike Technologies ???? (GenAI / Healthcare) - Transforming healthcare with advanced generative AI solutions.

Spike Technologies is a Lithuanian startup that is leveraging generative AI to revolutionize the healthcare industry. They enable connection to users’ real-time data from 200+ devices via a single API and make that data usable with their white-label AI/ML services.

This is how Spike explains their value add: "Data from wearable sensors, smartwatches, IoT devices are actively used throughout the healthcare industry. That said, only a portion of the industry knows how to leverage the data to its potential. Using Spike, you can integrate this data from commercially used optical, electrical, electrochemical, and electromechanical sensor types."

The platform’s key value propositions include improved diagnostic accuracy, faster processing of medical data, and enhanced patient care through AI-driven insights. Spike Technologies aims to streamline operations and improve the overall efficiency of healthcare services by integrating cutting-edge AI technologies.

?? Spike Technologies recently secured $3.5 million in seed funding, co-led by Practica Capital and TheVentureCity, with participation from CEAS Investments, Plug and Play Tech Center, Geek Ventures, and Axel Springer Porsche (APX).

Thank you for reading and have a great weekend everyone! ??