Morning VC Brief丨2024.11.01

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00. TL;DR

1/ Video AI For Physical World Spot AI raises $31M Series B

2/ Energy Storage Startup Redoxblox raises $30M Series A

3/ Data Fabric And Analytics Startup Abstract Security raises $15M Series A

4/ DataOps Platform Maitia raises $10.5M Seed Round

5/ Children English Learning Startup Buddy AI raises €10.2M Seed Round

6/ Sales Intelligence Startup Persana AI raises $2.3M Seed Round

01. Venture News

1/ Video AI For Physical World Spot AI raises $31M Series B

Spot AI builds Video AI Agents which help organizations instantly surface and resolve incidents across safety, security, and operations, delivering measurable ROI across manufacturing, education, retail, and auto services. This round was backed by Bessemer Venture Partners, Scale Venture Partners, Redpoint, Qualcomm Ventures, and more. Link

2/ Energy Storage Startup Redoxblox raises $30M Series A

Redoxblox’s thermochemical energy storage (TCES) units store energy both chemically and as heat at very high temperatures that can be discharged continuously or as needed in place of burning fossil fuels. This round was led by Prelude Ventures with participation from Breakthrough Energy Ventures, Khosla Ventures, and more. Link

3/ Data Fabric And Analytics Startup Abstract Security raises $15M Series A

Abstract Security transforms enterprise security operations by enhancing cloud visibility, optimizing data streams, reducing costs, and future-proofing SIEM strategies. This round was led by Munich Re Ventures with participation from Crosslink Capital, Rally Ventures, and more. Link

4/ DataOps Platform Maitia raises $10.5M Seed Round

Maitia is bringing together the power of Ingestion, Reverse ETL, Observability and Catalog into one, powerful platform to help fulfill our mission of redefining how businesses interact with data. This round was led by Leaders Fund with participation from Caffeinated Capital, Cerca Partners, and more. Link

5/ Children English Learning Startup Buddy AI raises €10.2M Seed Round

Buddy AI is an animated, multimodal, conversational character tutor meant to help children learn English as a second language. This round was led by BITKRAFT Ventures with participation from Point72 Ventures, Goodwater Capital, and more. Link

6/ Sales Intelligence Startup Persana AI raises $2.3M Seed Round

Persana AI has created an intelligent, agent-driven platform powered by a robust data orchestration layer. This round was backed by Y Combinator, Race Capital, Stage 2 Capital. Link