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While foundation model companies like OpenAI have drawn the most attention, niche startups using AI to assist human jobs have been gaining traction.

Transfr, a startup creating VR tools for training and career development, today announced that it raised $40 million in a Series C round led by ABS Capital with participation from JPMorgan Chase Impact Finance, Advisory, Lumos Capital Group, Akkadian Ventures, Spring Tide Capital, Firework Ventures and Album. The round brings Transfr's total raised to $90 million, and CEO and founder Bharani Rajakumar says that it'll be put toward building out Transfr's  executive team, scaling its platform and investing in the creation of new training simulations that cover a wider range ...

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$4 Million Seed Round Supercharges PowerX; Family of Four Can Save An Average of $1,000 a Year on Utilities Installing PowerX Reduces a Household's Carbon Output to a Similar Amount as a Residential Solar System News provided by Share this article BROOKLYN, N.Y., April 23, 2021 /PRNewswire/ --  PowerX, a tech startup on a mission to prove that saving the environment and saving money can go hand in hand, today announced a $4 million investment from SpringTide Capital, Antler Global, and senior executives from Tesla and SpaceX. Spring Tide Capital led the round, joining Antler US and Y Combina...