US artificial intelligence startups raise more than $1.9 billion to cover various industries

In the first quarter of 2018, startups in the field of artificial intelligence in the United States received more than $1.9 billion in financing, setting a record high.

Among them, the six companies with the most financing include robot automation, autonomous driving, Internet of Things, medical and energy. Pony founded by the Chinese. Ai (小马智行) and Nuro became the most financed startups in the autonomous driving industry.

1. UiPath

UiPath is a robotic automation company based in New York, USA. It was established in 2012 to provide users with a robotic process automation (RPA) software platform, including robot licensing, configuration, scheduling, monitoring and early warning tools. It integrates computer vision and natural language processing into its platform and integrates with third-party cognitive services from Google, IBM, Microsoft and ABBY.

In March, the company received $153 million in Series B financing from Accel Partners, CapitalG (formerly Google Capital) and KPCB, and has raised a total of $183 million.

UiPath's technology has been used by thousands of companies, especially in the areas of document management, call center, healthcare, financial management, API support, data extraction and migration, process automation, application integration, and business process outsourcing. .

2. Pony. Ai (小马智行)

Auto driving startup Pony. Ai (Xiao Ma Zhi Xing) was established in 2016 and established the Beijing office in March 2017. Peng Jun, the founder of the company, was a core member of Baidu's technical leadership team. Lou Tiancheng was the chairman of the Baidu Unmanned Vehicle Technical Committee.

In January of this year, Pony. Ai completed $112 million in Series A financing, led by Morningstar Capital and Junlian Capital, Sequoia China, IDG, Hongtai Capital, Lenovo Star, Puhua Capital, DCM Ventures, Comcast Ventures and Silicon Valley Future Capital Participate in the vote.

Pony. Ai mainly develops autopilot software. In April 2017, the first autopilot prototype was launched. A few months later, the first full autonomous driving demonstration was carried out.

Currently, there are offices and development teams in Silicon Valley, Beijing and Guangzhou. The company also cooperates with Guangzhou Automobile Group to develop autopilot technology and commercialization and operation of mobile trip network.

3. C3 IOT

C3 IoT is a leading global provider of IoT solutions. Founded in 2009, IoT is headquartered in California, USA, providing companies with artificial intelligence-based PaaS (Platform as a Service) services to help companies transform their digitally.

The company's products include predictive maintenance, sensor health monitoring, supply chain optimization, inventory optimization, energy management and fraud detection.

In January of this year, the company received $100 million in venture capital investment, including TPG Growth, Breyer Capital, Sutter Hill, Pat House, and Thomas M. Siebel and The Rise Fund. This round of financing will be used to significantly improve service and distribution capabilities on a global scale.

4. Nuro

Automated driving technology company Nuro was founded in 2016, and Zhu Jiajun, one of the founders of the company, was the chief engineer of the Google Autopilot team.

At the end of January this year, the company received $92 million in Series A financing from institutions such as Banyan Capital and Greylock Partners, and released the first L4 driverless delivery vehicle that can travel on most cities.

The unmanned vehicle is positioned to deliver goods to reduce logistics and distribution costs for the last few kilometers and to enhance the consumer's shopping experience.

According to Nuro, the company will mass produce the model and promote local services with restaurants, pharmacies, fresh supermarkets, clothing stores, dry cleaning and many other partners.

5. Tempus Labs

Tempus Labs, a Chicago-based biotechnology company, uses machine genome sequencing, natural language processing and image recognition technology to collect, cleanse and analyze unstructured data, applying machine learning to cancer diagnosis.

Company CEO Eric Lefkosky hopes to take full advantage of the data in the healthcare system to improve diagnostic efficiency and reduce waste.

In March 2018, Tempus received New Enterprise Associates, RevoluTIon Growth and T. Rowe Price Associates' $80 million Series D financing, this round of financing will be used to expand its clinical and molecular analysis platform. At present, the company has raised a total of 210 million US dollars.

6. Stem

STEM, a US enterprise power storage solution company, was founded in 2009 to help companies optimize energy consumption with AI-based distributed energy storage systems without any changes to their business operations.

Through the combination of big data, predictive analytics and energy storage technologies, the company is committed to reducing the cost of electricity for enterprises and providing services to the grid, helping to reduce grid load during peak hours.

In January, the company received $80 million in financing from AcTIvate Capital, Temasek Holdings and the Ontario Teachers' Pension Plan Committee, and has now raised $295 million in financing.

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