Axion Ray reposted this
General Partner at Automotive Ventures | Author of the book "The Future of Automotive Retail" | Author of the weekly "Intel Report": sign-up at automotiveventures.com
On this week's Future of Automotive segment on CBT News, I detail Automotive Ventures portfolio company Axion Ray and their $17.5 million Series A funding round, led by Bessemer Venture Partners. We also have a new "Company to Watch": Glimpse https://lnkd.in/erpYZwnS
We're thrilled to announce that Axion Ray has secured $17.5 million in Series A funding, led by Bessemer Venture Partners, with strategic investment from RTX Ventures. This brings our total funding to $25 million. This funding will propel our mission to empower manufacturers with an AI observability command center, enabling them to detect and resolve quality issues impacting customers, faster than ever. https://lnkd.in/g4sDHgxM Thank you to our incredible team, partners, and investors for joining us on this journey. #AxionRay #SeriesAFunding #aiinnovation
Proud to be featured in Bessemer's 2024 State of the Cloud "With early startup leaders such as...Axion...growing at impressive clips, we expect new enduring public Vertical AI companies to be born...we predict we will see at least five Vertical AI Centaurs ($100M+ ARR) emerge within the next two to three years."
𝐒𝐭𝐚𝐭𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐂𝐥𝐨𝐮𝐝 𝟐𝟎𝟐𝟒 serves as both a eulogy for the legacy cloud and a celebration of the current AI Cloud moment. ☁️ In this report, we focus entirely on the 𝐭𝐨𝐩 𝐟𝐢𝐯𝐞 𝐭𝐫𝐞𝐧𝐝𝐬 deemed most relevant to the AI Cloud by our global team of investors and the implications for the thrilling years we predict are headed our way. 𝐖𝐡𝐲? AI is all we can think about. In 2023, our enthusiasm for AI was underscored by our committed $1 billion in funding. A year later, we have total conviction in the promise of AI — we’ve backed multiple new investments in AI startups and the broad adoption of LLM technology in nearly every portfolio company roadmap. It’s rare to find a cloud company these days that isn’t, at some level, an AI company. Dive into this year's report, where we share our deep dive analysis, top predictions, spicy takes, and behind-the-scenes conversations with our investors. ☁️ 📈 🎥 https://lnkd.in/gTS4-kKX
We're hiring a Senior Product Manager at our NYC location to lead our product vision and execution, driving innovation in manufacturing. Join our dynamic team to shape the future of our groundbreaking product and improve the quality of products across the world. If you're passionate and ready to grow with us, apply now! https://lnkd.in/eEGYAaBQ
Come hear our founder, Daniel First, speak alongside other AI hardtech founders & Jenna Zerker next week at New York Tech Week! #NYTechWeek Nancy Chou
If you’re building or ideating in AI x physical industries (manufacturing, defense, cpg & retail), come join us next Tues for our #NYTechWeek event! https://lu.ma/yohnzzot Hear from our awesome portfolio founders, Alex Zimmer at Topologic + Filip Aronshtein at Dirac, Inc. as well as our friends Daniel First at Axion Ray + Amir Haghighat at Baseten 🔥🔥 Co-hosting w Jenna Zerker at Susa Ventures and Maria A. Pereda Ehrlich/Ian Garrett at Capchase 🫶 Asymmetric Rob Biederman Matty Mejia-Johnston Sam Clayman Michele Spitzer Sarah Unger Biggs
"Imagine that you're the head of engineering overseeing a Boeing fleet, or a new medical device released with innovative technology...how do you know - what are the top emerging issues impacting your customers?" Hear our founder Daniel First share Axion's mission and how we're supporting field engineering leaders at Founders You Should Know, a startup engineering meetup in NYC. Thank you Jennifer Yip for hosting!
