AI Business Weekly: Funding Updates for Thursday February 6, 2025

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AI investments continue to surge across industries, with funding going into music rights, advertising, financial advisory, and AI-powered engineering tools. Meanwhile, AI-driven platforms for workspace automation, mergers and acquisitions, and generative AI are also seeing major capital injections.

Here’s a roundup of today’s biggest AI funding moves:

Today’s Highlights

🎵 Musical AI Raises $2.1M to Build a Music Licensing Marketplace for AI

Musical AI, a startup focused on helping AI companies strike licensing deals with music rightsholders, has raised $2.1 million CAD (just under $1.5 million USD). The funding comes ahead of a planned seed round later this year.
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🏢 Protex AI Raises $36M to Expand Workplace Safety AI in the US

Limerick-based Protex AI has secured $36 million in Series B funding to expand its presence in the United States. The company develops AI-powered workplace safety solutions that enhance CCTV systems to monitor and reduce risks. The round was led by Hedosophia, with participation from Salesforce Ventures and existing investors.
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🚀 TrueFoundry Secures $19M to Scale AI Deployment

TrueFoundry, a company focused on AI deployment and scaling, has raised $19 million in Series A funding. The round was led by Intel Capital, with participation from Eniac Ventures, Peak XV’s Surge, and Jump Capital. The company plans to expand its AI infrastructure for Fortune 1000 companies.
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🏗️ Trace.Space Raises $4M to Power AI-Driven Product Engineering

AI-powered product engineering startup Trace.Space has raised $4 million to develop modern design tools for regulated industries such as automotive, aerospace, and medical devices. The company recently relocated to Miami to expand its operations.
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📊 StackAdapt Secures $235M to Redefine AI-Powered Advertising

Toronto-based StackAdapt has raised $235 million to advance AI-driven advertising and automation. The round was led by Teachers’ Venture Growth, with participation from Intrepid Growth Partners and other investors.
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💰 Jump Raises $20M to Expand AI Solutions for Financial Advisors

AI solutions provider Jump has secured $20 million in Series A funding, led by Battery Ventures, with participation from Citi Ventures, Sorenson Capital, and Pelion Ventures. The company is focused on scaling AI-powered tools for financial advisors.
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🔄 DeltaGen Raises $1.2M to Apply AI to M&A Deals

Seattle-based DeltaGen has secured $1.2 million in pre-seed funding to help companies streamline mergers and acquisitions using AI. The company specializes in applying generative AI to deal structuring and due diligence processes.
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🖥️ Tana Raises €13.6M for AI-Powered Workflow Automation

Oslo-based Tana has raised €13.6 million in Series A funding to further develop its AI-driven workspace solutions, including knowledge graphs, object-based note-taking, and AI agents. The round was led by Tola Capital, with participation from Lightspeed Venture Partners, Northzone, Alliance VC, and firstminute capital.
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📢 AI Continues to Reshape Industries

From AI-powered advertising and workplace safety to generative AI for financial deals, today’s funding highlights show continued investment in AI-driven automation and efficiency. With more companies integrating AI into core business functions, the market for AI-based solutions is expected to keep growing.

We’ll be back tomorrow with more updates on the latest AI funding and acquisition trends.

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