Artificial intelligence and machine learning have set the record of receiving funding and investment worth millions of dollars in 2021. Investors are eyeing multiple start-ups for providing machine learning funding as well as machine learning investment for lucrative ML models for the betterment of society. It has been observed that these ML funding and ML investments have started transforming the tech-driven market across the world. Let’s explore some of the top machine learning funding and investment in Q3 and Q4 in 2021.
Machine learning funding and investment in Q3 and Q4 2021
Landing AI rose US$57 million from Series A funding in November 2021 as one of the top machine learning start-ups in 2021. The investor is the first investment firm focused on the industrial IoT known as McRock Capital. It has continued to build tools to allow manufacturers to more easily deploy artificial intelligence systems. It is still in the early stage of the data-centric AI and machine learning movements through ML models. Landing AI is known for being fast and easy to use the enterprise MLOps platform. It applies machine learning to solve visual inspection problems efficiently and effectively.
H2O.ai is focused on the AI democratization journey with machine learning, automated machine learning, AI middleware, AI applications, and AI app stores. H20.ai has received US$100 million from Series E round with investors such as the Commonwealth Bank of Australia, Goldman Sachs, and many more. It has successfully raised US$246.5 million for this machine learning funding.
OctoML has received one of the top machine learning funding and investment with US$85 million from Series C for contributing to its machine learning acceleration platform. It helps enterprises in optimizing and deploying multiple ML models efficiently. The investors are Tiger Global Management, Madrona Venture Group, and more. This machine learning funding and investment have led OctoML to raise US$132 million in a year.
MindsDB is known as a machine learning-in-the-database open-source startup and has successfully received machine learning funding worth US$7.6 million. Walden Catalyst Ventures is the new investor interested in this machine learning investment with YCombinator, OpenOcean, and many more. It works with ML models by automating and abstracting machine learning through virtual AI tables in databases.
Being a popular machine learning provider, Manchester AI has received machine learning funding worth 1.5 million pounds. This machine-learning investment is provided by the GMCA (Greater Manchester Combined Authority Fund).
DataRobot has raised US$300 million from Series G as one of the top machine learning funding and investment in 2021. This round was led by Altimeter Capital and Tiger Global with many other investors. This new machine learning funding was set to increase platform innovation while bringing augmented intelligence. It has validated the vision of machine learning and human employees to provide predictive insights and business value to the consumer-centric market.
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