AI Funding News: Week Ending 05.30

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StartEngine’s $30M Surge — Own a Piece Before June 26

Private markets are having a moment, thanks to companies like StartEngine.

The leading alternative investing platform is helping everyday investors like you access deals once reserved for VCs and insiders, including exposure to private market titans like OpenAI, Databricks, and Perplexity.¹

How’s it going? In Q1 2025, StartEngine pulled off $30M in revenue, its biggest quarter ever (based on unaudited financials).²

But StartEngine isn’t just a middleman. The company earns 20% carried interest on select pre-IPO offerings, unlocking value for shareholders when these deals succeed.³

How can you tap into this diversification play? By investing in StartEngine.

StartEngine has crowdfunded $85M+ to date, and you can join 45K+ shareholders before the company’s current round closes on June 26.

Invest in StartEngine

_{Reg A+ via StartEngine Crowdfunding, Inc. No BD/intermediary involved. Investment is speculative, illiquid & high risk. See OC and Risks on page.}

Welcome to Feed The AI, your radar for the biggest funding moves, market shifts, and startups shaping the future of artificial intelligence.

Let’s get into it 👇

🔥 Biggest AI Funding Rounds This Week

» Funding Roundup

ClickHouse – $350M Series C
📍San Francisco, CA
Real-time analytics & AI/ML data warehousing platform.
One of the largest rounds of the year — signaling how essential AI-native data infrastructure is becoming.

Snorkel AI – $100M Series D at $1.3B valuation
📍Redwood City, CA
Their data development platform is crucial for teams fine-tuning AI models with minimal labeled data.

Hex – $70M Series C
📍San Francisco, CA
AI-powered data workspace getting adopted by data teams across Fortune 500s.

Buildots – $45M Series D
📍Tel Aviv, Israel
AI construction tech automating site tracking and performance analytics.

Rillet – $25M Series A
📍New York, NY
AI-native ERP helping companies close their books in hours instead of weeks.

🗓️ Upcoming Conferences

📡  Signals – What This Week Tells Us

• AI infra is still hot. ClickHouse, Hex, and Snorkel all landed major rounds investors still see gold in better tooling for data workflows.

• Healthcare AI has depth. From Outcomes4Me to WorkDone and Optura vertical plays continue to attract capital.

• Emerging markets & new geos. Hungary, India, Sweden, and Finland all had early-stage AI rounds this week. Europe’s not sleeping on AI.

🦄 Startups to Watch

Tengr.ai – $1.2M
📍Szeged, Hungary
Building AI tools for creators, educators, and small businesses. First Eastern European AI startup we’ve tracked this month.

WorkDone – $1.8M
📍San Francisco, CA
Healthcare compliance copilot for reducing regulatory risk.

Endra AI – €3M
📍Stockholm, Sweden
Pre-seed funding for its AI SaaS design platform. One of Europe’s emerging vertical SaaS AI plays.

Frinks AI – $5.4M
📍Bangalore, India
Computer vision infrastructure layer that’s gaining adoption in retail and industrial sectors.

🤝 Mergers & Acquisitions

Salesforce acquires Informatica – $8B
Biggest AI-adjacent acquisition of the year so far. Informatica’s AI-powered data management tools will now be part of Salesforce’s Einstein stack.

IgniteTech acquires Khoros
Both Austin, TX based. This adds an AI-native customer engagement platform into IgniteTech’s enterprise software portfolio.

Photoroom acquires GenerateBanners
The AI design wars heat up. Photoroom expands into auto-generated marketing assets for e-commerce and social.

🤖 Beyond The Feed

Want to know where all this computing is going? Check out our deep dive on the rise of AI data center startups:

👉 Top AI Data Center Startups to Watch

Till next time,

Feed The AI