Leo AI Raises $9.7 Million Seed Round Led By Flint Capital And Other Investors

Leo AI, founded in 2023 by Maor Farid and Moti Moravia, has raised $9.7 million in a seed round led by Flint Capital with backing from a16z, TechAviv, Two Lanterns VC, former SolidWorks CEO Bertrand Sicot, and Google VP Yossi Matias. The startup, which has developed the world’s first Large Mechanical Model (LMM), aims to revolutionize mechanical engineering by turning text prompts or sketches into detailed CAD models, significantly reducing repetitive tasks and speeding up product development by up to 70%. Early traction includes clients like Scania, Siemens, HP, and Mobileye, and the platform has already produced over 475,000 3D concepts across industries. INVESTORS: Flint Capital, a16z, TechAviv, Two Lanterns VC, Bertrand Sicot & Yossi Matias ROUND: Seed AMOUNT: $9,700,000 HQ: #Cambridge #Massachusetts #VentureCapital #LeoAI #MaorFarid #MotiMoravia #FlintCapital #a16z #TechAviv #TwoLanternsVC #BertrandSicot #YossiMatias #TradedVC

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Genius AI Raises $44 Million In Series D Round Led By Lux Capital At $1.15 Billion ValuationGenius AI, a New York City-based AI company building technology that helps service businesses automate tasks like client communications, scheduling, marketing, and payments, has raised a $44 million Series D led by Lux Capital at a $1.15 billion valuation. The round also included participation from Bessemer Venture Partners, Imaginary Ventures, L Catterton Growth Fund, 2048 Ventures, and StepStone Private Ventures, bringing the company’s total funding to more than $125 million. Led by CEO and co-founder Danielle Cohen-Shohet, Genius AI now powers more than 125,000 businesses across half of all U.S. ZIP codes, is approaching a $200 million revenue run rate, and says its platform has saved customers 112 million administrative hours while helping generate an additional $2 billion in revenue. FOUNDERS: Danielle Cohen-Shohet & Leah Cohen-Shohet INVESTORS: Lux Capital, Bessemer Venture Partners, Imaginary Ventures, L Catterton Growth Fund, 2048 Ventures & StepStone Private Ventures ROUND: Series D AMOUNT: $44,000,000 VALUATION: $1,150,000,000 HQ: New York City, New York #VentureCapital #GeniusAI #TradedPartner #DanielleCohenShohet #TradedVC

AIP MGX BlackRock Acquire Aligned Data Centers For $40 BillionThe Artificial Intelligence Infrastructure Partnership (AIP), MGX, and BlackRock’s Global Infrastructure Partners have finalized their $40 billion acquisition of Aligned Data Centers from Macquarie Asset Management, setting a new record for the largest data center deal ever completed. The consortium has also pledged an additional $5 billion in growth funding to expand Aligned’s AI-ready data center footprint across North and South America. Aligned will continue to operate from its Dallas headquarters under the leadership of CEO Andrew Schaap and the current management team as the company scales its infrastructure to meet rapidly growing demand for AI and cloud computing capacity. SALE PRICE: $40,000,000,000 #VentureCapital #ArtificialIntelligenceInfrastructurePartnership #MGX #GlobalInfrastructurePartners #TradedVC