AI Business Weekly: Eudia’s $105M Legal AI Deal, EnCharge AI’s $100M Chip Funding & Market Trends (Feb 13, 2025)

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AI funding remains strong with Eudia securing $105M for legal AI expansion, EnCharge AI raising $100M+ to bring AI inference chips to market, and Latent Labs launching with $50M to advance programmable biology. Meanwhile, Bluebook secures €2.4M for AI-powered accounting automation, and AI-BOB lands €2M to revolutionize compliance in the construction industry.

Today’s edition covers the biggest AI startup funding rounds, strategic acquisitions, and the latest AI stock market movers after market close.

Today’s Highlights

Eudia Secures $105 Million for Legal AI Expansion

Eudia, an AI startup developing software for legal teams, has raised $105 million in funding led by General Catalyst. The funding is structured with an initial $30 million, with an additional $75 million allocated for future acquisitions.
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Latent Labs Launches with $50 Million for AI-Powered Programmable Biology

Latent Labs, co-founded by former DeepMind researcher Dr. Simon Kohl, has launched with $50 million in funding to accelerate AI-driven advancements in programmable biology.
👤 Connect with Simon Kohl, Co-founder & CEO
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EnCharge AI Raises Over $100 Million for AI Inference Chips

AI hardware startup EnCharge AI has secured over $100 million in a Series B funding round led by Tiger Global to develop energy-efficient AI inference chips for the market.
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Grand Ventures Backs AI-Based Insurance Tech Startup with $2.2M

Grand Ventures has invested $2.2 million in a Chicago-based AI fintech startup that leverages AI to automate insurance claims, policy reviews, and risk assessment.
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AI-BOB Secures €2 Million to Expand ConstructionTech AI Compliance

Stockholm-based AI-BOB, a female-led AI startup focusing on construction compliance automation, has secured €2 million in funding led by CapitalT and Fund F.
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ArthAlpha Raises $2 Million for AI WealthTech Platform

Mumbai-based AI-driven investment platform ArthAlpha has raised $2 million in a funding round led by DSP to enhance its AI-powered research tools and expand portfolio management services.
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Bluebook Secures €2.4 Million for AI-Powered Accounting Automation

Stockholm-based AI startup Bluebook has raised €2.4 million in pre-seed funding, with backing from EQT Ventures, Y Combinator, and notable angel investors.
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📈 AI Stock Market Update (February 13, 2025)

After market close, here are today’s top AI stock movers:

AI Gainers

• NVIDIA Corp (NVDA): +3.14% ($135.29) – The stock surged following reports of strong demand for AI chips, with AI server shipments projected to grow by nearly 28% in 2025.

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• SoundHound AI Inc (SOUN): +9.09% ($15.25) – The company experienced significant gains, reflecting positive market sentiment

AI Decliners

• Cognex Corp (CGNX): -13.83% ($33.92) – The stock declined amid broader market fluctuations.

• Symbotic Inc (SYM): -4.74% ($27.72) – The company saw a decrease in stock price, possibly due to market corrections.

📉 Market trends: AI stocks exhibited mixed performance, with strong gains in analytics and enterprise AI solutions, while hardware-focused companies saw modest declines.

📢 AI Continues to Dominate Investment Trends

With Eudia securing $105M for legal AI expansion, EnCharge AI raising $100M for next-gen AI chips, and Latent Labs launching with $50M, AI funding is accelerating across legal, biotech, and hardware. Meanwhile, Bluebook and AI-BOB show continued adoption of AI-driven automation across new industries.

As AI funding levels remain at record highs, sector competition and AI infrastructure advancements will shape the market in 2025.

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