Weekly Funding Roundup: Ex-DeepMind Researcher’s AI Startup Raises $1.1 Billion, Mojro Secures $5.5 Million
Ineffable Intelligence, an AI startup founded by a former DeepMind researcher, raised a record $1.1 billion seed round at a $5.1 billion valuation. Other startups, including Manifest OS and Mojro Technologies, also secured significant funding rounds.
Three startups have secured significant funding rounds. Ineffable Intelligence, founded by former DeepMind researcher David Silver, raised $1.1 billion in seed funding at a $5.1 billion valuation. The round was supported by major investors like Sequoia, Lightspeed, NVIDIA, and Google. Ineffable Intelligence focuses on reinforcement learning to achieve superintelligence. Manifest OS, a New York-based legal tech startup, secured $60 million in Series A funding, achieving a $750 million valuation. Mojro Technologies, a logistics startup, raised $5.5 million in Series A funding. The funding rounds indicate a shift towards bold, high-impact ideas in AI, legal tech, and logistics.
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