Introducing the 2025 Cryptonite 300—Private Web3 companies worth the bet
Somewhere between the raw startups and the unicorns are the AI, blockchain, crypto, robotics, and other pioneering Web3 companies offering the best equity ROI potential in the global Silicon Valley.
The global Silicon Valley’s best and brightest!
We are pleased to present the Cryptonite 300 Top Company list for 2025, featuring the most innovative private AI, blockchain, crypto, robotics, autonomous vehicle, drone and other top Web3 companies on the planet.
Researching and picking these companies is not a perfect science, in part because they are still private and, by nature, only disclose so much. The most challenging data to collect is a company's valuation and revenue numbers. We provided the best guest valuations based upon a transcendent variety of sources. These numbers are, of course, very dynamic and can change with new fundings or if the AI market further corrects.
The one thing we can guarantee is that this is a great list of first-generation companies. If our track record with Web2 company picks continues, at least 50 percent of the companies on this list will have some form of a 'successful exit.' We also encourage readers to imagine how any of these companies affect the industries you are operating in and how you might leverage these top companies to develop new expertise and create new opportunities for success. At the bottom of each Grok3-generated company profile are recommended contact(s) for those interested in investing in these companies.
Please email us with any confidential input and company recommendations to TheEditor@cryptoniteventures.com 😎🙏🏼
Artificial Intelligence Top Companies
Click on the top company link and…
…get an xAI's Gork3 PRO search result offering a real time profile of each company, including team member backgrounds, product and service descriptions and competitive advantage, VC funding track record and investors, and links to primary sources. You might have to download the Grok3 free app to view our PRO result. We also use Perplexity AI PRO as a cross-check in our research. The ($numbers) below represent the company's last known valuation.
Hot, Hot, Hot🔥🔥🔥
AI remains the hottest innovation category for VCs. In 2022, 1,101 AI startups were funded, and the run-tate for 2025 looks to be 700–900 startups. However, in 2022, the average AI startup received about $71.3 million per funding round. As of today in 2025, based on Q1 data, that figure has soared to roughly $350–400 million per deal, a nearly fivefold increase.
Our simple view, based upon the history of innovation companies, is that the biggest brands that will become associated with AI have yet to be founded. As you will see by the list of amazing companies below, AI is starting to seep into every segment of society. Over the next 20 years, AI will be infused in almost every task we perform. Congratulations to the Cryptonite 300 class of 2025!🥳
AI Large Language Model (LLM) Providers
01.AI, Beijing, China, founded in 2023 ($1.2 billion)
Develops large language models (LLMs) and AI applications. Their first product is Yi-34B, an open-source neural network with 34 billion parameters that can process text in English and Chinese. Target buyers include tech companies and researchers needing scalable AI solutions.
Anthropic, San Francisco, CA, USA, founded in 2021 ($60 billion)
Developed Claude, a conversational AI model focused on leveraging natural language that prioritizes safety, ethical considerations, and reliability. Target buyers include enterprises needing trustworthy AI for complex decision-making.
Cohere, Toronto, Canada, founded in 2019 ($5.5 billion)
An API that provides access to large language models and natural language processing tools for enterprise AI applications. Target buyers include software developers and enterprises looking to integrate AI into applications. Target buyers include software developers and enterprises looking to integrate AI into applications.
Krutrim, Bengaluru, India, founded in 2023 (1 billion)
India’s first complete AI computing stack, including large language models and AI infrastructure tailored for Indian languages and cultural contexts. Target buyers are Indian consumers, developers, enterprises, and researchers.
Mistral AI, Paris, France, founded in 2023 ($6.2 billion)
Develops open-source, open-weight large language models (LLMs) focused on natural language processing. Target buyers include tech companies and developers needing flexible AI tools.
OpenAI, San Francisco, CA, USA, founded in 2015 ($157 billion)
Pioneers in general-purpose AI, primarily known for models like GPT for text generation, and also a provider of versatile AI solutions for enterprises. Target buyers include developers and enterprises across multiple sectors.
Sakana AI, Tokyo, Japan, founded in 2023 ($1 billion)
Developing nature-inspired AI foundation models, leveraging principles such as evolution and collective intelligence to create resource-efficient AI technologies that can generate text, images, video, and code. Target buyers include enterprises in Japan and globally seeking advanced, adaptable AI solutions tailored to specific industry challenges.
xAI, San Francisco, CA, USA, founded in 2023 ($50 billion)
General-purpose AI is currently known for its Grok2 text-generation service and plans to become an AI solution for enterprises. Target buyers include consumers and enterprises across multiple sectors and industries.
AI Platforms
Aleph Alpha, Heidelberg, Germany, founded in 2019 ($489 million)
Develops sovereign AI technology with a focus on transparency, explainability, and compliance with European data protection regulations. Target buyers include European enterprises and government agencies looking for secure, compliant AI solutions that prioritize data sovereignty.
Baseten, San Francisco, CA, USA, founded in 2019 ($200 million)
Enables developers to deploy machine learning models as scalable APIs, simplifying the process of model deployment and management. Target buyers include software developers and data scientists in tech companies who need to integrate AI models into their applications.
Clarifai, New York, NY, USA, founded in 2019 ($775 million)
Offers a comprehensive AI platform for developers to build, deploy, and scale visual recognition applications with pre-trained models. Target buyers include businesses in sectors like retail, healthcare, and media for visual AI solutions.
Hugging Face, Brooklyn, NY, USA, founded in 2016 ($4.5 billion)
Known for its platform that hosts and shares machine learning models, facilitating AI model collaboration and deployment. Target buyers include developers, researchers, and companies in the AI ecosystem.
Together AI, San Francisco, CA, USA, founded in 2022 ($3.3 billion)
Provides infrastructure for AI model development, allowing for collaborative and scalable AI research. Target buyers include AI startups, researchers, and large tech companies.
Weights & Biases, San Francisco, CA, USA, founded in 2017 (Acquired by CoreWeave on 3/4/25 for $1.7 billion)
Offers tools for machine learning experiment tracking, dataset versioning, and model management, enhancing reproducibility and collaboration. Target buyers include data scientists and ML engineers in tech-driven organizations.
AI Search
DeepSeek, Hangzhou, Zhejiang, China, founded in 2023 (Undisclosed)
An open source platform that focuses on AI-driven search technology that deeply understands user intent, enhancing search relevance. Target buyers include companies looking for advanced search solutions to improve user engagement.
Perplexity AI, San Francisco, USA, founded 2022 ($9 billion)
Offers an AI-powered answer engine for complex queries, delivering precise information synthesis. Target buyers include consumers, professionals, and businesses needing detailed, research-based answers.
Agriculture & Food
Afresh, Oakland, CA, USA, founded 2017 ($410 million)
Leverages AI to optimize the fresh food supply chain by providing accurate demand forecasting and inventory management, reducing food waste, and increasing profitability with their Fresh Operating System. Target buyers include grocery retailers and supermarkets focused on managing perishable goods.
Taranis, Sao Paulo, Brazil & Tel Aviv-Yafo, Israel, founded 2022 ($500 million)
Employs AI-driven precision agriculture technology, using computer vision and deep learning to analyze high-resolution aerial imagery for crop health monitoring and enable early detection of pests and diseases to enhance yield. Target buyers include agribusinesses, agricultural advisors, and large-scale farmers interested in precision farming solutions.
Business Intelligence
Acceldata, Campbell, CA, USA, founded in 2018 ($360 million)
Provides an AI-driven data observability platform that ensures data quality, pipeline health, and infrastructure efficiency, giving organizations actionable insights for data management. Target buyers include data executives and engineers in enterprises needing robust data management solutions.
Alation, Redwood City, CA, USA, founded 2012 ($1.8 billion)
Provides an agentic data intelligence platform to automate and guide data discovery, governance, and compliance management. The Alation Agentic Platform leverages agents to automate time-consuming and manual data management processes, fostering data-driven innovation at scale. Target buyers include CIOs, CTOs, CDOs, business analysts, and business intelligence teams.
Altana AI, New York, NY, USA, founded 2018 ($1 billion)
An AI-driven platform that maps and analyzes global supply chains for enhanced visibility and risk management. Target buyers include governments, major logistics providers, and large enterprises seeking to improve supply chain transparency, compliance, and sustainability.
Augury, New York, NY, USA, founded 2011 ($1 billion)
AI-powered predictive maintenance solutions that combine advanced sensors, machine learning algorithms, and IoT connectivity to monitor industrial machinery in real time. Target customers include industrial manufacturers, facilities managers, and service contractors across sectors like food processing, pharmaceuticals, and consumer goods
DevRev, Palo Alto, CA, founded 2020 ($1.2 billion)
An AI-native platform that unifies customer support, product development, and enterprise functions using knowledge graphs and large language models. Target buyers include SaaS companies and enterprises seeking to enhance collaboration, increase product velocity, and reduce customer churn through AI-driven solutions.
FourKites, Chicago, IL, USA, founded in 2014 ($1 billion)
Provides an AI-driven Intelligent Control Tower that integrates real time visibility, digital twins, and autonomous agents to predict and prevent supply chain disruptions while automating execution. Target buyers include Fortune 2000 shippers, 3PLs, and carriers seeking end-to-end supply chain orchestration.
Glean, Palo Alto, CA, founded 2019 ($4.6 billion)
A generative AI platform that enhances enterprise search and automates workflows by connecting and analyzing a company’s internal data and applications. Target buyers include large enterprises across industries like technology, finance, and healthcare.
H20.ai, Mountain View, CA, USA, founded in 2012 ($1.7 billion)
Its open-source machine learning platform democratizes AI by allowing users to build predictive models quickly. Target buyers include businesses in finance, insurance, and healthcare looking to implement predictive analytics.
Hebbia, New York, NY, USA, founded in 2020 ($700 million)
Uses generative AI to automate document analysis and data extraction from unstructured sources, speeding up information processing. Target buyers include legal professionals, investment firms, and any sector dealing with large volumes of document analysis.
Quantexa, London, UK, founded in 2016 ($1.8 billion)
Data-driven decision-making tools that connect data to uncover hidden insights using AI-driven entity resolution and network analytics. Target buyers include financial services, government agencies, and insurance companies.
Scale AI, San Francisco, CA, USA, founded in 2016 ($13.8 billion)
Provides high-quality data annotation services powered by human-in-the-loop processes to train AI models effectively. Target buyers include autonomous vehicle companies, tech firms, and any entity requiring large-scale data labeling.
SymphonyAI, Palo Alto, CA, USA, founded 2017 (Undisclosed)
Provides enterprise AI SaaS products that combine predictive and generative AI to deliver insights, transform workflows, and boost productivity. Target buyers include retail, finance, and manufacturing sectors. Target buyers include retail, finance, and manufacturing sectors.
Chip Design and Manufacturing
Ayar Labs, San Jose, CA, USA, founded 2015 ($1 billion)
Pioneering optical interconnect solutions by integrating light-based communication into silicon chips for faster, more efficient data transfer. Target buyers include companies in high-performance computing, AI, and data centers looking to overcome bandwidth and power constraints in data-intensive applications.
Celestial AI, Santa Clara, CA, USA, founded 2020 ($1.2 billion)
Innovates with optical interconnect technology to dramatically increase data transfer rates within data centers, enhancing AI workload performance. Target buyers include data center operators and cloud service providers aiming to optimize data processing speed and energy efficiency.
Cerebras Systems, Sunnyvale, USA, US, founded 2015 ($2.5 billion)
Creates the world's largest single-die AI chip, the Wafer Scale Engine (WSE), for accelerated AI model training at scale. Target buyers include large enterprises, research institutions, and government labs needing massive computational power for AI research and development.
D-Matrix, Santa Clara, CA, USA, founded 2019 ($1 billion)
Pioneers in-memory computing for AI with their digital in-memory Compute (DIMC) technology, focusing on energy-efficient AI inference. Target buyers include companies deploying AI at the edge or in data centers looking for performance and power efficiency.
Enfabrica, San Francisco, CA, USA, founded 2019 ($1 billion)
Develops scalable network and memory fabrics to optimize data movement for AI workloads, enhancing system scalability and performance. Target buyers include data center architects and AI infrastructure builders requiring high-performance networking solutions.
Etched.ai, San Francisco, CA, USA, founded 2022 ($1 billion)
Focuses on custom silicon for AI, particularly accelerators tailored for specific AI models to optimize performance and cost. Target buyers include large tech companies and AI startups needing custom hardware solutions for their AI applications.
Groq, Mountain View, CA, USA, founded 2016 ($2.8 billion)
Builds Language Processing Units (LPUs) for extremely fast AI inference, aiming at low-latency AI applications. Target buyers include enterprises and cloud service providers deploying AI inference at scale, particularly in areas like natural language processing.
Neuralink, Fremont, CA, USA, founded 2016 ($5 billion)
Develops brain-machine interfaces to merge human cognition with AI, focusing on health applications like treating neurological disorders. Target buyers include medical and research institutions and potential consumers for future consumer-grade enhancements.
Positron, Oakland, CA, USA, founded 2023 ($500 million)
Innovates with AI hardware designed for the economics of AI, focusing on performance and cost-effectiveness for AI training and inference. Target buyers include businesses and researchers needing cost-effective AI hardware solutions for various applications.
Rebellions, Seongnam, South Korea, founded 2020 ($1.5 billion)
It specializes in AI chips for deep learning, mainly targeting the efficiency and speed of large language models (LLMs). Target buyers include companies in the tech sector, especially those developing or using AI for language processing.
SambaNova Systems, Palo Alto, CA, USA, founded 2017 ($5 billion)
Offers reconfigurable dataflow units (RDUs) that adapt to various AI workloads, providing flexibility and performance for AI models. Target buyers include enterprises needing versatile AI solutions for both training and inference, from cloud to on-premise.
Tenstorrent, Toronto, Canada, founded 2016 ($2.6 billion)
Designs high-performance AI chips based on RISC-V architecture for both training and inference, emphasizing open-source and customizability. Target buyers include tech companies, AI developers, and cloud service providers needing flexible, high-performance AI hardware.
Consumer & Prosumer Language & Grammar Tools
DeepL, Cologne, Germany, founded 2017 ($2 billion)
Provides superior machine translation services, distinguishing itself with high-quality natural language processing. Target buyers include businesses and individuals needing precise multilingual communication.
Grammarly, San Francisco, USA, founded 2009 ($8.1 billion)
Leverages AI for grammar, spelling, and tone detection, offering real time writing suggestions to enhance communication. Target buyers include professionals, students, and anyone who communicates via written text and is looking to improve clarity and effectiveness in their writing.
Speak, San Francisco, USA, founded 2016 ($1 billion)
Offers an AI-powered platform for transcription, translation, and analysis, providing high accuracy and affordability. Target buyers include businesses, researchers, and individuals across various sectors needing efficient, multilingual communication and data analysis tools.
Writer, San Francisco, CA, USA, founded in 2020 ($1.9 billion)
Offers AI-driven writing assistance for enterprise content, emphasizing brand consistency and quality. Target buyers include businesses needing to scale content creation while maintaining brand voice.
Content Creation & Production Tools
Bending Spoons, Milan, Italy, founded 2013 ($2.6 billion)
Mobile app with AI-driven features in apps like Splice for video editing, leveraging machine learning for intuitive user interfaces. Target buyers include individual consumers, especially creatives and hobbyists in mobile content creation.
D-ID, Tel Aviv, Israel, founded in 2017 ($500 million)
Employs advanced AI to create hyper-realistic digital humans and animate still images, powering its video creation and face anonymization services. Target customers include enterprise marketing, entertainment, and education, as well as developers integrating AI-driven video solutions.
Descript, Palo Alto, CA, USA, founded 2017 ($550 million)
Offers AI-powered audio and video editing where text can be edited as if it were a document, simplifying content creation. Target buyers include content creators in podcasting, video production, and digital media who need efficient editing tools.
ElevenLabs, New York, NY, USA, founded 2024 ($3.3 billion)
Provides advanced AI voice synthesis technology for creating realistic, multilingual voiceovers with emotional nuances, used in content creation, dubbing, and interactive AI assistants. Target buyers include media production companies, developers of virtual assistants, and businesses in need of voiceover services.
Gamma, San Francisco, CA, USA, founded 2022 ($400 million)
Leverages AI to transform traditional presentation creation with features like interactive galleries, dynamic data visualization, and content automation. Target buyers include professionals in marketing, product development, and corporate communications.
Luma AI, Palo Alto, CA, USA, founded 2021 ($300 million)
Specializes in AI for vision and graphics, particularly in generating 3D models from 2D images for various applications. Target buyers are in industries such as gaming, VR, and design.
Midjourney, San Francisco, CA, USA, founded 2022 ($10 billion)
Creates AI-generated art through user prompts, offering a unique creative tool for digital art. Target buyers include artists, designers, and content creators seeking novel visual content.
Moonvalley, Toronto, Canada, founded 2023 ($400 million)
Specializes in AI for music composition, enabling music creation tailored to specific moods or genres. Target buyers include musicians, content creators, and media production companies.
Pika, Palo Alto, CA, USA, founded 2023 ($470 million)
Focuses on AI for animation, simplifying the process of creating animated content from static images. Target buyers include animators, game developers, and digital content creators.
Runway, New York, NY, USA, founded 2017 ($3 billion)
Innovates in AI for video editing and creation, making complex edits accessible with machine learning. Target customers include filmmakers, content creators, and media companies.
Stability AI, London, United Kingdom, founded 2024 ($1.3 billion)
Advances in generative AI, particularly for creating stable and diverse images from text descriptions. Target buyers include artists, marketers, and tech companies interested in AI-generated visuals.
Synthesia, London, UK, founded in 2017 ($1 billion)
AI video avatar creation enables users to produce videos with virtual presenters who speak multiple languages. This is ideal for content localization and personalized video messaging. Target buyers include marketers, educational content creators, and HR departments aiming to scale video production efficiently across different languages and regions.
Customer Service Automation
AI21 Labs, Tel Aviv, Israel, founded 2017 ($1.4 billion)
Known for its Jurassic-1 language model, which provides state-of-the-art natural language understanding and generation, powering its text-based AI services. Target buyers include businesses seeking to enhance customer interaction.
Baichuan, Beijing, China, founded 2023 $2.8 billion)
Develops AI models with a strong emphasis on Chinese language processing, enhancing applications in education and content creation. Target buyers include educational institutions and media companies in China.
Cresta, Palo Alto, CA. USA, founded 2023 ($1.6 billion)
Offers a generative AI platform that transforms contact center operations with real time coaching, quality management, and AI-driven insights. Target buyers include large enterprises with contact centers aiming to enhance agent performance, customer satisfaction, and operational efficiency.
EliseAI, New York, NY, USA, founded 2017 ($1.1 billion)
Offers an AI-powered conversational platform that automates property management tasks and resident communications across email, SMS, webchat, and voice, enhancing operational efficiency. Target buyers include property management firms and healthcare providers seeking to streamline and improve customer interactions.
Mercor, San Jose, CA, USA, founded in 2023 ($2 billion)
Focuses on AI-driven personalization for e-commerce, improving user experience through tailored recommendations. Target buyers include e-commerce businesses.
Sierra, Austin, TX, CA, USA, founded in 2024 ($4.5 billion)
It uses AI to help automate customer service with natural language processing for better, more human-like interactions. Target buyers include enterprises in customer service-intensive sectors like telecommunications and retail.
Stepfun, Shanghai, China, founded 2023 ($1 billion+)
Develops AI models for conversational interfaces, enhancing customer service bots with more human-like interactions. Target buyers include customer service departments in various industries.
Cybersecurity
Abnormal Security, San Francisco, CA, USA, founded 2018 ($5.1 billion)
Utilizes machine learning and AI to understand human behavior to detect and stop email-based cyber threats, including account compromise and phishing. Target buyers include enterprise security teams in large organizations seeking to protect email systems.
Advance.AI, Singapore, founded 2016 $2 billion)
Leverages AI for identity verification and risk management, offering solutions that enhance digital onboarding and fraud prevention. Target buyers include financial institutions, e-commerce platforms, and other businesses requiring robust identity verification.
Cyera, New York, NY, USA, founded 2021 ($3 billion)
Cyera uses AI to provide context-aware data security, offering an AI-powered platform that understands data usage and secures it across complex digital environments. Target buyers include security teams at companies, especially those with extensive data operations in tech, finance, and healthcare.
Halcyon, Austin, TX, USA, founded 2021 ($1 billion)
Halcyon's innovation lies in its anti-ransomware technology that uses AI for real time threat detection and prevention, focusing on stopping attacks before data encryption. Target buyers include businesses of all sizes, particularly those in sectors like healthcare, education, and small to medium enterprises vulnerable to ransomware.
Snyk, Boston, MA, USA, founded in 2015 ($7.4 billion)
Focuses on security by providing tools to find, fix, and monitor vulnerabilities in open-source dependencies used in software development. Target buyers include developers and security teams in software companies, especially those using open-source libraries.
Tessl, London, UK, founded in 2024 ($750 million)
Provides AI-powered cybersecurity solutions, focusing on threat detection and response, leveraging machine learning to adapt to new threats. Target buyers include companies across various industries that prioritize cybersecurity, particularly in finance and IT.
Drug Discovery & Therapeutics
Anagenex, Lexington, MA, USA, founded 2019 ($120 million)
A machine learning-driven platform for the directed evolution of small molecules, enabling rapid and extensive testing of compounds to discover new drug candidates for challenging targets. Target buyers include pharmaceutical companies and biotech firms focused on drug discovery.
Atomwise, San Francisco, CA, USA, Founded 2012 — ($500 million)
Uses AI to analyze genetic data to identify biomarkers, which supports its precision medicine offerings. Target buyers include clinical research organizations and healthcare providers aiming for personalized treatment plans.
Evolutionary Scale, New York, NY, USA, founded 2023 ($500 million)
Leverages AI to understand aging at a molecular level, driving the development of therapeutics for age-related diseases. Target buyers include pharmaceutical companies and investors interested in longevity and age-related disease treatments.
Formation Bio, New York, NY, USA, founded 2018 ($1.5 billion)
Integrates AI with human expertise to optimize clinical trial design and data analysis for drug development. Target buyers include pharma companies aiming to streamline clinical trials and drug development processes.
Freenome, South San Francisco, CA, USA, founded 2014 ($2.5 billion)
Employs AI to interpret multi-omics data for early cancer detection through liquid biopsies. Target buyers include healthcare providers and patients interested in non-invasive cancer screening.
Generate Biomedicines, San Francisco, CA, USA, founded 2018 ($5.1 billion)
Uses generative AI to design novel proteins for drug development, bypassing traditional drug discovery bottlenecks. Target buyers include biopharma companies seeking innovative drug development strategies.
Insilico Medicine, Cambridge, MA, USA, Founded 2014 — ($1.2 billion)
Pioneers in AI in drug discovery, focusing on aging and age-related diseases using their GENTRL platform. Target buyers include the biotech and pharmaceutical sectors interested in AI-driven drug discovery for aging diseases.
Insitro, South San Francisco, CA, USA, founded 2018 ($2.5 billion)
Applies AI to generate insights from biological data for disease modeling and drug discovery. Target buyers include drug developers needing data-driven biological insights.
Liquid AI, Boston, MA, USA, founded 2023 ($2 billion)
Focuses on AI to optimize drug discovery processes, enhance speed, and reduce costs. Its market includes pharmaceutical and biotech companies.
Xaira Therapeutics, South San Francisco, CA, USA, Founded 2024 — ($2.5 billion)
Focuses on AI for discovering therapies by targeting previously inaccessible biological pathways. Target buyers include biotech and pharma companies interested in innovative therapeutic approaches.
Zephyr AI, McLean, VA, USA, founded 2020 (~$800 million)
Provides AI solutions for predicting patient outcomes, enhancing clinical decision-making in oncology. Target buyers include oncologists, hospitals, and health systems aiming to improve patient treatment strategies.
Finance, Investment, & Accounting
9fin, San Francisco, CA, USA, founded in 2015 ($400 million)
An AI-powered analytics platform that provides faster, smarter intelligence for debt capital markets by extracting and analyzing key data from bond and loan documentation. Target buyers include investment banks, hedge funds, asset managers, private equity firms, distressed debt advisors, and law firms operating in global credit markets.
AlphaSense, New York, NY, USA, founded 2014 ($4 billion)
Leverages AI to provide a market intelligence platform that aggregates and analyzes data from millions of documents for insights in real time. Target buyers include financial institutions, corporations, and consultancies needing in-depth market research.
Anyfin, Stockholm, Sweden, founded in 2017 ($400 billion)
Uses AI to analyze photos of receipts and documents to offer instant loans based on financial behavior, providing a streamlined personal loan service. Target buyers include individual consumers looking for quick, hassle-free financial solutions.
Dataiku, New York, NY, USA, founded 2018 ($3.7 billion)
Platform democratizes AI with its focus on Everyday AI, allowing businesses to build, deploy, and manage AI models at scale with ease. Target buyers include data scientists, analysts, and business teams across various industries looking to leverage data for decision-making.
DataSnipper, Amsterdam, Netherlands, founded 2017 ($1 billion)
An AI-powered intelligent automation platform embedded in Excel, automating repetitive audit and finance tasks to boost efficiency and accuracy. Target buyers include audit and finance professionals, particularly at large accounting firms, as well as internal audit teams in the banking, insurance, and manufacturing sectors.
Datarails, Tel Aviv-Yafo, Israel, Founded 2018 ($500 million)
Automates financial reporting and planning with AI, integrating with existing systems to streamline financial data analysis. Target buyers include financial professionals and CFOs in mid to large enterprises.
FundGuard, New York, NY, USA, Founded 2018 ($400 million)
Provides a cloud-native, AI-powered, multi-asset class investment accounting platform. Target buyers include asset managers, asset owners, custodian banks, and fund administrators.
Ramp, New York, NY, USA, Founded 2019 ($13 billion)
An AI-driven finance automation platform that integrates expense management, corporate cards, accounts payable, and procurement tools. Target customers include SMEs, finance professionals, and tech-savvy businesses in industries such as technology, consulting, and professional services.
TaxBit, Draper, UT, USA, Founded 2018 ($1.3 billion)
Uses AI to automate tax calculations and compliance for digital assets, ensuring accuracy and efficiency in handling cryptocurrency taxes. Target buyers include crypto businesses, investors, and accounting firms that need to navigate the complex tax implications of digital currencies.
Healthcare Diagnostics & Administration
Abridge, Pittsburgh, PA, USA, Founded in 2018 ($2.8 billion)
Uses AI to create medical documentation automatically from doctor-patient conversations, enhancing record accuracy and patient care. Target buyers include healthcare providers, focusing on physicians.
Aidoc, Tel Aviv, Israel, Founded in 2016 ($800 million)
It focuses on AI for medical imaging, aiding in the rapid detection of life-threatening conditions. Target buyers include radiology departments and hospitals.
Akasa, San Francisco, CA, USA, Founded in 2018 (1.1 billion)
AI is employed to automate administrative healthcare tasks, like billing and coding, to improve efficiency. Target buyers include healthcare administrative departments and revenue cycle management teams.
Ambience Healthcare, San Francisco, CA, USA, Founded in 2023 ($350 million)
Automates administrative tasks in healthcare, like note-taking during patient visits, using natural language processing and voice recognition. Target buyers include healthcare providers, including hospitals and clinics, looking to reduce administrative burdens.
Biofourmis, Boston, MA, USA, Founded in 2015 ($1.3 billion)
Offers AI-powered remote patient monitoring with predictive analytics for personalized care. Target buyers include healthcare providers and patients requiring home care.
Flo Health, London, United Kingdom, Founded in 2015 ($1 billion)
AI-powered women's health app provides personalized insights and predictions based on each user's unique data for comprehensive reproductive health tracking. Target customers: Women seeking to monitor and manage their reproductive health and overall well-being.
Hippocratic AI, Palo Alto, CA, USA, Founded in 2023 ($1.6 billion)
Develops AI to enhance healthcare interactions, focusing on patient communication and diagnostics through AI-driven virtual health assistants. Target buyers include healthcare providers and medical institutions seeking to improve patient care and efficiency.
Grow Therapy, New York City, NY, USA, Founded in 2020 ($1.4 billion)
Employs AI-assisted clinical tools for ambient listening during therapy sessions, generating structured notes and visit summaries to enhance the therapeutic experience. Target customers: Mental health professionals and their clients.
Huma, London, UK, Founded in 2011 ($1 billion)
A cloud-based, AI-powered platform that simplifies the creation and scaling of digital health solutions, featuring no-code configuration and regulatory-compliant tools for care and research. Target buyers include healthcare providers, pharmaceutical companies, governments, and digital health startups seeking to accelerate digital-first care and clinical research globally.
Rad AI, San Francisco, CA, USA, Founded in 2018 ($520 million)
Uses AI to automate radiology report writing, enhancing the speed and consistency of diagnostic reporting. Target buyers include radiology practices and hospitals seeking to increase productivity and reduce report turnaround times.
Sword Health, New York, NY, USA, Founded in 2015 ($3 billion)
Offers an AI-driven digital physical therapy platform that personalizes treatment plans. Target buyers include employers, health insurers, and individuals seeking accessible, effective physical therapy.
Zhipu AI, Beijing, China, Founded in 2019 ($2.7 billion)
Innovates in AI for healthcare diagnostics and personalized medicine, leveraging big data. Target buyers include the healthcare industry, including hospitals and clinics.
Human Resources
A.Team, New York, NY, USA, Founded in 2019 ($400 million)
leverages AI to dynamically assemble and manage teams for software development projects, optimizing productivity and project outcomes. Target buyers include tech companies needing flexible, high-performing development teams.
Eightfold AI, Palo Alto, CA. USA, Founded 2016 ($2.1 billion)
Eightfold innovates with an AI-powered Talent Intelligence Platform that optimizes talent acquisition, management, and workforce planning for enterprises. Target buyers include large enterprises and HR departments across industries like technology, finance, and healthcare.
Sense, San Francisco, CA, USA, Founded 2016 ($500 million)
An AI-driven talent engagement platform that automates recruiting tasks and personalizes candidate interactions to streamline the hiring process. Target buyers include enterprise recruiting teams and staffing agencies, such as Adecco, Coca-Cola, and Dell.
Infrastructure
Alluxio, San Mateo, CA, USA, Founded in 2015 ($400 million)
Develops an AI-driven data orchestration layer for big data and AI workloads, improving speed and efficiency. Target buyers include data engineers in cloud and on-premise environments.
Anyscale, San Francisco, CA, USA, Founded in 2019 ($1.1 billion)
A platform that simplifies scaling distributed applications, particularly machine learning workloads, providing both performance and ease of use. Target buyers include data scientists and engineers at tech companies scaling AI applications.
CoreWeave, Roseland, NJ, USA, Founded in 2017 (IPO on 3/28/25 CRWV)
Delivers cloud infrastructure optimized for GPU-intensive workloads, significantly reducing costs and improving performance for AI and ML tasks. Target buyers include AI researchers, startups, and enterprises requiring high-performance computing resources.
Databricks, San Francisco, CA, USA, Founded in 2013 ($62 billion)
Offers the Lakehouse platform, which combines data lakes and data warehouses to enable scalable data processing and machine learning, providing a unified analytics platform. Target buyers include large enterprises in industries like finance, healthcare, and retail that need robust data solutions.
Lambda, San Jose, CA, USA, Founded in 2023 ($2.5 billion)
Offers GPU cloud computing tailored for deep learning, providing the computational power needed for AI model training. Target buyers include AI researchers and developers in need of high-performance computing resources.
Weaviate, Amsterdam, Netherlands, founded in 2019 ($500 million)
Provides a vector search engine optimized for machine learning data, allowing for semantic search within databases. Target buyers include developers and companies needing advanced search capabilities for unstructured data like images or text.
Weka, Campbell, CA, USA, founded in 2013 ($1.6 billion)
Platform is designed for high-performance computing, especially for AI and ML, by providing ultra-fast storage solutions. Target buyers include enterprises in data science, financial services, media, and any sector with high data throughput needs.
Legal Services
EvenUp, San Francisco, CA, USA, founded in 2019 ($1.1 billion)
Employs AI to assist in the legal sector by automating document drafting and review and providing litigation support, particularly for personal injury cases. Target buyers include law firms, especially those dealing with high volumes of personal injury cases.
Everlaw, Oakland, CA, USA, founded in 2011 ($2 billion)
AI technology enhances legal discovery by providing advanced search, review, and analysis tools within its cloud-based platform, streamlining the eDiscovery process. Target buyers include law firms, corporate legal departments, and government agencies engaged in litigation.
Harvey, San Francisco, CA, USA, founded in 2022 ($3 billion)
Specializes in AI for legal services, offering automation in legal research, contract analysis, and client interaction through a chatbot interface. Target buyers include law firms, legal departments in corporations, and legal tech startups looking to automate routine legal tasks.
Mining & Mineral Exploration
KoBold Metals, Berkeley, CA, USA, founded in 2018 ($3 billion)
Uses AI to analyze geological data and discover critical mineral deposits, like copper and lithium, to support the energy transition. Target buyers include mining companies, renewable energy firms, and EV manufacturers.
Property & Premise Security
Ambient.ai, San Jose, CA, USA, founded in 2016 ($250 million)
Employs computer vision AI to analyze video feeds in real time, providing proactive security through behavioral anomaly detection in physical spaces. Target buyers include commercial real estate, corporate campuses, and industries with high-security needs like finance and technology.
Intenseye, New York, NY, USA, founded in 2018 ($500 million)
Leverages AI for visual workplace safety analysis, detecting potential hazards and compliance issues through video analytics. Target buyers include manufacturing, construction, and logistics companies to enhance safety protocols.
Quantum Computing
Black Forest Labs, Freiburg, Germany, founded in 2024 ($1 billion+)
Innovates in quantum computing software, enabling more efficient problem-solving for complex calculations. Target buyers include finance and pharmaceuticals that require high computational power.
PsiQuantum, Palo Alto, CA, USA, founded in 2016 ($665 million)
Developing large-scale silicon photonic quantum computers with the goal of reaching 1 million physical qubits, enabling powerful quantum computing capabilities. Target customers: Research institutions, government agencies, and large enterprises.
QuEra Computing, Boston, MA, USA, founded in 2021 ($700 million)
Uses neutral atoms as qubits in their quantum computers, offering advantages such as long coherence times and low error rates.Target customers: Research institutions and pharmaceutical companies.
Riverlane, Cambridge, United Kingdom, founded in 2016 ($400 million)
Develops an operating system for quantum computers that optimizes performance and manages complex interactions between quantum hardware and software. Target customers: Quantum hardware manufacturers, researchers, and organizations.
OpenAI's former chief scientist, Ilya Sutskever, founded Safe Safe Superintelligence with Daniel Gross, the former head of Apple AI. Safe Superintelligence, San Francisco, CA, USA, founded in 2024 ($5 billion)
Focuses on creating AI with safety at its core, aiming for AI that's secure by design for high-stakes applications. Target buyers include governments, defense, and industries with stringent safety requirements.
SandboxAQ, Palo Alto, CA, USA, Founded in 2023 — ($5.6 billion)
Develops AI and quantum technologies for security and simulation, enhancing data protection and scientific research. Target buyers include cybersecurity, energy, and pharmaceutical companies.
Sales & Marketing
Ada, Toronto, Canada, founded in 2021 ($1.2 billion)
Specializes in AI-powered customer service automation, offering chatbots that handle customer inquiries with human-like interaction. Target buyers include customer service departments in various industries.
Aisera, Palo Alto, CA, USA, founded in 2014 ($2 billion)
Offers an AI service desk that automates IT support tasks, reducing response times and operational costs. Target buyers include IT departments across enterprises looking for efficient IT service management.
Amperity, Seattle, WA, USA, founded in 2016 ($1.1 billion)
Offers a customer data platform powered by AI to unify customer data, providing a 360-degree view for enhanced personalization in marketing and customer engagement. Target buyers include marketing and customer experience teams in retail, e-commerce, and consumer goods.
Decagon, San Francisco, CA, USA, founded in 2023 ($500 million)
Focuses on AI for software engineering, particularly in automating code review and quality assurance processes. Target buyers include software development teams in tech companies.
Gong, San Francisco, CA, USA, founded in 2015 ($7.3 billion)
Utilizes AI and machine learning to analyze sales conversations in real time, providing insights and actionable feedback to improve sales performance. Target customers: Sales teams and organizations looking to optimize their sales processes and increase revenue.
Kore.ai, Orlando, FL, USA, founded in 2023 $1 billion)
Develops conversational AI platforms that enable businesses to create and deploy virtual assistants. Target buyers include businesses seeking to improve customer or employee engagement through AI.
Suki, Redwood City, CA, USA, founded in 2013 ($500 million)
Leverages AI for voice-enabled documentation, mainly in healthcare, to reduce the administrative burden on clinicians. Target buyers include healthcare providers, specifically hospitals and clinics.
Tractable, London, UK, founded in 2014 ($1 billion)
Applies AI to assess damage for insurance claims, speeding up claims processing with visual AI technology. Target buyers include the insurance industry, particularly property and casualty insurers.
Social Media, Gaming, & Metaverse
AimLabs, New York City, NY, USA, founded in 2017 ($1 billion)
Leverages advanced AI algorithms to provide exact and adaptive training for gamers, enhancing their aiming and reaction skills through personalized drills and analytics. Its target buyers include competitive gamers and eSports teams seeking to improve performance.
ByteDance, San Francisco, CA, USA, founded in 2023 ($300 billion)
AI-driven content recommendation system, which personalizes user feeds across its platforms like TikTok and Douyin, significantly increasing user engagement and retention. Target buyers include advertisers looking to reach a broad, highly engaged audience and businesses seeking digital marketing solutions.
MiniMax, Shanghai, China, founded in 2021 ($3.1 billion)
Known for its large context window in its AI models, which allows for processing and understanding of vast amounts of text data, it utilizes this data in its chatbot services for more comprehensive and context-aware responses. Target buyers include businesses in need of advanced customer service automation and developers looking for robust AI language tools.
Suno, Campbell, CA, USA, founded in 2023 ($500 million)
Develops AI that creates soundscapes for various applications, from gaming to VR. Target buyers include entertainment industries looking for innovative sound design.
Software Development Tools
Anysphere, San Francisco, CA, USA, founded in 2022 ($2.5 billion)
Offers AI-driven code generation, aiming to automate parts of software development with tools like Cursor, which helps write code faster. Target buyers include software developers and tech companies interested in improving development efficiency.
Augment Code, Palo Alto, CA, USA, founded in 2022 ($1 billion)
Uses AI to enhance software development processes, focusing on auto-suggestions for coding and debugging and aiming to increase developer productivity. Target buyers include software developers and tech teams looking to accelerate development cycles.
Codeium, Mountain View, CA, USA, founded in 2021 ($1.3 billion)
Provides AI-assisted code completion and generation, enhancing developer productivity by suggesting code in real time. Target buyers include developers and software teams across various industries looking to boost coding efficiency.
Cognition AI, San Francisco, CA, USA, founded in 2023 ($2 billion)
AI focuses on developing cognitive computing platforms that mimic human thought processes for decision-making and problem-solving.
Target buyers include industries like finance, healthcare, and logistics for complex decision support systems.Cursor, San Francisco, CA, USA, founded in 2022 ($2.5 billion)
Develops an AI-powered code editor that enhances developer productivity by predicting, writing, and editing code with real time assistance, built as a customized fork of VS Code. Target buyers include individual developers and enterprise tech firms.
Datarobot, Boston, MA, USA, founded in 2023 ($6.3 billion)
Automates the end-to-end process of data science, from data prep to model deployment, facilitating AI and machine learning for businesses without extensive data teams. Target buyers include mid to large enterprises across various sectors that want to leverage AI.
Poolside, Paris, France, founded in 2023 ($3 billion)
Poolside innovates with AI models designed to automate and enhance software development, offering tools like intelligent code assistants to revolutionize coding. Target buyers include software developers, large enterprises, and public-sector agencies seeking to improve productivity and efficiency in coding and software creation.
Replit, San Francisco, CA, USA, founded in 2016 ($1.2 billion)
Offers an online IDE for collaborative coding with integrated AI assistance for coding, debugging, and learning. Target buyers include students, educators, and developers seeking a cloud-based development environment.
Sustainability
Pachama, San Francisco, CA, USA, founded in 2023 ($371 million)
Leverages AI and satellite imagery to verify and monitor forest carbon sequestration, offering a transparent marketplace for high-quality carbon credits. Target buyers include corporations, individuals, and project developers seeking to meet net-zero goals.
World Labs, Stanford, CA, USA, founded in 2024 ($1 billion+)
Focuses on AI for global problem-solving, particularly in climate and health, with models tailored for these applications. Target buyers include NGOs, governments, and R&D in related fields.
Please email us with any confidential input and company recommendations to TheEditor@cryptoniteventures.com 😎🙏🏼
Robots, Autonomous Vehicles & Drones
Click on the top company links below and…
…get an xAI's Gork3 PRO search result offering a real time profile of each company, including team member backgrounds, product and service descriptions and competitive advantage, VC funding track record and investors, and links to primary sources. The ($numbers) below represent the company's last known valuation.
Robots, autonomous vehicles, and drones, oh my! 🤖
Robots, autonomous vehicles, and drone companies remain a popular and growing innovation category for VCs. In 2022, around 350 startups in this category were funded, and the run rate so far into 2025 indicates that there may be up to 500 startups funded this year. However, in 2022, due to AV megadeals, the average AI startup received a high of about $57 million per funding. As of today, in 2025, based on Q1 data, that figure has soared to roughly $29 million per deal.
We maintain the same view as we do in the AI category, and that is, the future of robots, drones, and autonomous vehicles is still 90 percent ahead of us. As you will see from the list of amazing companies below, these innovations are spreading throughout the industrial, retail, and delivery worlds, as well as into the home. Over the next 20 years, our new AI-infused, automated friends will take over many tasks and functions and lead to a more efficient, prosperous world. Congratulations to the Cryptonite 300 class of 2025!🎉
Autonomous & Electric Vehicles & Vessles
May Mobility, Ann Arbor, MI, USA, Founded in 2017 — ($600 million)
Develops autonomous electric shuttles with a proprietary multi-sensor navigation system, enabling safe, driverless transport in controlled urban environments as a scalable mobility service. Target customers include municipalities, campuses, and businesses aiming to offer efficient, low-emission transit options.Outrider, Golden, CO, USA, Founded in 2017 — (~$1.2 billion)
Autonomous yard trucks use AI and electric power to automate distribution center operations, streamlining trailer movement and reducing human labor in logistics hubs. Target customers include logistics operators and manufacturers.
Saronic Technologies, Austin, TX, USA, founded in 2022 ($4 billion)
Autonomous surface vessels integrating AI, hardware, and software, enhancing maritime security and domain awareness for naval forces.
Target customers include Naval and maritime forces, especially the U.S. military, likely aiming to boost security and autonomy capabilities.
Waymo, Mountain View, CA, USA, founded in 2009 ($45 billion)
AI is for fully autonomous driving and powering a fleet of self-driving taxis and delivery vehicles. Target customers include ride-hailing users, logistics firms, and urban planners.
Autonomous Vehicle Systems & Software
Applied Intuition, Mountain View, CA, USA, founded in 2017 ($6 billion)
Uses AI to create realistic virtual scenarios from drive logs, offering a scalable platform for developing and testing autonomous systems. Target customers include automakers and companies developing autonomous or advanced driver-assistance technologies.
DeepRoute.ai, Shenzhen, China, Founded in 2019 ($410 million)
AI-powered autonomous driving system integrates blockchain for secure data sharing and validation, enhancing its Level 4 self-driving technology. Target customers include: automotive manufacturers, logistics companies, and smart city developers deploying autonomous vehicles.Kodiak Robotics, Mountain View, CA, USA, founded in 2018 ($1.2 billion)
Develops the Kodiak Driver, an adaptable autonomous trucking system with modular sensor fusion and AI, designed for long-haul efficiency and scalability across diverse freight routes. Target customers include trucking companies and logistics providers.Foretellix, Ramat Gan Israel, founded in 2017 ($500 million)
Specializes in safety-driven verification and validation solutions for automated driving systems (ADS) and advanced driver-assistance systems (ADAS). Target customers include automotive, trucking, and mining companies globally.
Momenta, Beijing, China, founded in 2016 ($1.2 billion)
A flywheel approach with deep learning and crowdsourced data to continuously improve its Level 2+ to Level 4 autonomous driving software, offering scalable safety and adaptability. Target customers include automakers and fleet operators.
Moonshot AI, Beijing, China, founded in 2023 ($3.3 billion)
Works on AI for autonomous systems, with applications in robotic automation and self-driving technology. Target buyers include the manufacturing and transportation industries.
Motional, Boston, MA, USA, founded in 2020 ($4 billion)
Combines Hyundai’s electric vehicle platforms with Aptiv’s AI-driven autonomy stack to deliver Level 4 robotaxi services, prioritizing safety and rider experience in urban settings. Target customers include rideshare operators and city governments.
Oxa, Oxford, England, UK, founded in 2014 (~$1 billion)
Universal autonomy software Oxa Driver leverages meta-learning and sensor fusion to enable self-driving capabilities across diverse vehicles and environments, from shuttles to trucks. Target customers include OEMs, fleet operators, and industrial firms seeking flexible, autonomous solutions.Plus AI, Cupertino, CA, USA, founded in 2016 ($600 million)
An autonomous driving system that integrates AI and scalable hardware to retrofit trucks for long-haul freight, reducing fuel costs and improving safety with minimal upfront investment. Target customers include trucking fleets and logistics companies.Recogni, San Jose, CA, USA, founded in 2017 ($500 million)
Builds AI inference hardware for ultra-efficient visual perception, powering autonomous vehicles and robotics. Target customers include automotive companies, AV developers, and tech OEMs.
Tier IV, Tokyo, Japan, founded in 2015 ($342 million)
The first open-source software for autonomous driving, powering turn-key solutions that foster collaboration and rapid development. Target customers include companies and organizations in mobility and logistics that are likely to implement autonomous driving technology.
Waabi, Toronto, Canada, founded in 2021 ($1.2 billion)
Leverages a pioneering generative AI system featuring the Waabi Driver and Waabi World simulator to enable autonomous trucks to reason and adapt to diverse scenarios, powering a scalable and safe trucking solution for competitive efficiency. Target customers include logistics companies and transportation providers.
Wayve, London, UK, founded in 2018 ($5 billion)
Develops an AI-driven, mapless autonomous driving system using embodied AI to enable vehicles to learn and navigate real-world environments without predefined rules or HD maps. Target buyers include automotive OEMs aiming to integrate advanced driver assistance and fully automated driving solutions.
Zipline, South San Francisco, CA, USA, founded in 2014 ($4.2 billion)
Leverages autonomous drone technology to enable rapid, precise delivery of medical supplies, powering its primary service of on-demand logistics for healthcare providers. Target customers include hospitals, clinics, and governments seeking efficient medical supply distribution in remote or underserved areas.
Chip Design and Manufacturing
Realtime Robotics, Boston, MA, USA, founded in 2016 ($200 million)
Creates AI-driven motion planning chips that enable robots to navigate dynamic environments in real time. Target customers include robotics manufacturers, automotive producers, and industrial firms.
Delivery & Shipping
Einride, Stockholm, Sweden, founded in 2016 ($1.4 billion)
Pioneering electric, autonomous freight pods managed by its Saga platform, integrating data-driven logistics to optimize shipping with zero-emission, driverless efficiency. Target customers include logistics firms and large shippers aiming for sustainable freight solutions.Gatik, Mountain View, CA, USA, founded in 2017 ($700 million)
Leverages autonomous box trucks with proprietary AI for middle-mile logistics, enabling fully driverless B2B deliveries on fixed routes for enhanced safety and cost savings. Target customers include Fortune 500 retailers and distributors.Nuro, Mountain View, CA, USA, founded in 2016 ($8.6 billion)
Develops autonomous delivery vehicles designed to transport goods—such as groceries, meals, and small packages. Target customers include delivery tech to retailers, logistics firms, and food service companies.
Skydio, San Mateo, CA, USA, founded in 2014 ($2.2 billion)
Pioneer of AI-driven autonomous drones with obstacle avoidance, serving inspection and surveillance needs. Target customers include enterprises, public safety agencies, and infrastructure firms.
Starship Technologies, San Francisco, CA, USA, founded in 2014 ($4.2 billion)
Specializes in autonomous delivery robots designed for last-mile delivery of food, groceries, and packages. Target customers include delivery tech to retailers, logistics firms, and food service companies.
Wingcopter, Weiterstadt, Hesse, Germany, founded in 2017 ($300 million)
Leverages a patented tilt-rotor mechanism in its drones, allowing vertical takeoff and efficient long-range flight, powering its versatile delivery and surveying services. Target customers include healthcare providers, logistics companies, and surveyors.
Domestic Robots
The Bot Company, Palo Alto, CA, USA, founded in 2024 ($550 million)
Creates AI-driven household robots for tasks like cleaning, aiming for consumer-friendly automation. Target customers include homeowners, property managers, and consumer tech buyers.
Farming & Agriculture
Farmwise, San Francisco, CA, USA, founded in 2016 ($365 million)
Employs AI-powered vision systems in autonomous tractors to detect and remove weeds, enhancing precision agriculture. Target customers include farmers, agribusinesses, and sustainable food producers.
Monarch Tractor, Livermore, CA, USA, founded in 2018 ($223 million)
Offers fully electric, autonomous MK-V tractors, which enhance farm productivity and reduce environmental impact through data-driven solutions. Target customers include farmers, especially in specialty crops and land management.
Health & Medicine
Mendaera, San Mateo, CA, USA, founded in 2020 (~$600 million)
Combines AI with robotics to create precise, minimally invasive medical tools for procedures like biopsies. Target customers include hospitals, clinics, and medical device providers.
Hospitality Robots & Robotic Systems
Botrista, San Francisco, CA, USA, founded in 2017 ($600 million)
Uses AI to automate beverage creation with customizable recipes, powering robotic drink dispensers for fast, consistent service. Target customers include restaurants, cafes, and food service chains.
Industrial & Warehouse Robots
1X, San Francisco, CA, USA, founded in 2014 ($137 million)
Advanced humanoid robots powered by AI-driven motor control and perception systems enable versatile task automation in dynamic environments. Target customers include industrial firms, logistics companies, and households seeking robotic assistance.
Agility Robotics, Corvallis, OR, USA, founded in 2015 ($1 billion)
Creates bipedal robots with AI-enhanced locomotion and adaptability, powering its flagship robot Digit for autonomous material handling. Target customers include warehouse operators, e-commerce giants, and logistics providers.
Apptronik, Austin, TX, USA, founded in 2016 (~$1.5 billion)
Builds collaborative humanoid robots with AI-optimized dexterity and strength designed for tasks like manufacturing and logistics support. Target customers include industrial manufacturers, defense contractors, and research institutions.
Collaborative Robotics (Cabot), San Francisco, CA, USA, founded in 2022 ($600 million)
Designs AI-enhanced cobots that adapt to human workflows, optimizing tasks in industrial and warehouse settings. Target customers include manufacturers, logistics companies, and small-to-medium enterprises.
Figure AI, Sunnyvale, CA, USA, founded in 2022 ($3.2 billion)
builds humanoid robots with advanced AI for general-purpose tasks, aiming to accelerate human labor in various industries. Target customers include manufacturing, healthcare, and retail sectors.
Locus Robotics, Wilmington, MA, USA, founded in 2014 ($2 billion)
Deploys AI-guided autonomous mobile robots (AMRs) that optimize warehouse picking efficiency and adaptability. Target customers include e-commerce warehouses, third-party logistics providers, and retailers.
Nimble Robotics, San Francisco, CA, USA, founded in 2017 ($1 billion)
Integrates AI with robotic arms to automate picking and packing, streamlining e-commerce fulfillment. Target customers include online retailers, fulfillment centers, and logistics providers.
Path Robotics, Columbus, OH, USA, founded in 2018 ($300 million)
Develops advanced AI-driven robotic welding systems that autonomously adapt to complex manufacturing tasks. Target customers include industrial manufacturers and fabrication companies seeking to automate and optimize their welding processes.
Pickle Robot, Cambridge, MA, USA, founded in 2018 (~$600 million)
Uses AI to power robotic unloading systems that handle chaotic truck deliveries with speed and accuracy. Target customers include logistics companies, distribution centers, and freight operators.
Sanctuary AI, Vancouver, British Columbia, Canada, founded in 2018 (~$500 million)
Develops general-purpose humanoid robots powered by its proprietary Carbon AI control system designed to perform complex tasks autonomously with human-like dexterity. Target customers include industries facing labor challenges and wanting to convert to humanoid robots.
Standard Bots, Glen Cove, NY, USA, founded in 2020 ($300 million)
Builds affordable, AI-powered robotic arms with easy integration for small-scale automation. Target customers include small manufacturers, startups, and educational institutions.
Third Wave Automation, Union City, CA, USA, founded in 2018 ($400
million)
Integrates AI with forklifts for adaptive, autonomous material handling in warehouses. Target customers include logistics providers, manufacturers, and distribution centers.
Unitree Robotics, Hangzhou, China, founded in 2016 ($1.1 billion)
Specializes in high-performance quadruped and humanoid robots for consumer and industrial applications. Target customers include industries facing labor challenges and wanting to convert to humanoid robots.
Military & Defense Drones
Anduril, Costa Mesa, CA, USA, founded in 2017 ($13 billion)
Develops AI-powered defense technology, including autonomous drones and surveillance systems, integrated through its Lattice software for real time battlefield awareness. Target customers include military and defense organizations, such as the U.S. Department of Defense and allied governments.
DJI, Shenzhen, China, founded in 2006 ($10 billion)
Designs, manufactures, and sells drones, along with related software and accessories. Target customers include consumers, professional filmmakers, and industries such as the military and defense, agriculture, construction, and public safety.
Helsing, Munich, Germany, founded in 2021 ($5.4 billion)
AI-driven software recently pivoted to hardware with the HX-2 drone, enhancing military capabilities like radar systems and swarm-based combat operations. Target customers include European militaries and defense contractors aiming to modernize with AI-enhanced systems.
Shield AI, San Diego, CA, USA, founded in 2015 ($2.7 billion)
Develops AI for autonomous drones that operate in GPS-denied environments, enhancing defense and rescue missions. Target customers include military agencies, law enforcement, and emergency responders.
Real Estate & Construction Robotic Systems
Built Robotics, San Francisco, CA, USA, founded in 2016 (~$1.2 billion)
Equips construction equipment with AI-powered autonomy, enabling machines like excavators to perform tasks without human operators. Target customers include construction firms, contractors, and heavy equipment operators.
DroneDeploy, San Francisco, CA, USA, founded in 2013 ($750 million)
Provides a cloud-based platform that processes drone-captured imagery into detailed 2D and 3D maps, enhancing aerial data analysis for real time decision-making in its mapping and analytics software. Target customers include industries like construction, agriculture, and real estate.
Retail Robots
Simbe Robotics, South San Francisco, CA, USA, founded in 2014 ($280 million)
It uses AI-powered robots like Tally to monitor store inventory in real time, improving retail efficiency. Target customers include grocery chains, big-box retailers, and pharmacies.
Robotics Software & Systems
AMP Robotics, Louisville, CO, USA, founded in 2015 ($600 million)
Leverages AI-driven computer vision to identify and sort recyclables with precision, enhancing its robotic systems for waste management automation. Target customers include recycling facilities, municipalities, and waste management companies.
Bright Machines, San Francisco, CA, USA, founded in 2018 ($262 million)
Integrates AI-driven software with robotics to automate complex assembly lines, offering scalable manufacturing solutions. Target customers include electronics manufacturers, automotive companies, and industrial producers.
Covariant, Emeryville, CA, USA, founded in 2017 ($675 million)
Develops an AI "brain" for robots, enabling them to perceive and manipulate objects in unstructured environments for warehouse automation. Target customers include e-commerce fulfillment centers, logistics providers, and retailers.
Neura Robotics (Neurala), Boston, MA, USA, founded in 2006 ($1 billion)
Develops AI vision software that enables real time object recognition on edge devices, powering robotics and IoT applications. Target customers include robotics developers, defense contractors, and smart device manufacturers.
Physical Intelligence, San Francisco, CA, USA, founded in 2023 ($2 billion)
Develops AI algorithms that allow robots to learn and perform complex physical tasks with minimal training. Target customers include industrial automation firms, research labs, and tech innovators.
Preferred Networks, Tokyo, Japan, founded in 2014 ($2 billion)
Leveraging deep learning and distributed processing at the network edge to power innovative IoT solutions for automation and robotics. Target customers include industries like transportation, manufacturing, and bio-healthcare.
Skild AI, Pittsburgh, PA, USA, founded in 2023 ($1.5 billion)
Focuses on scalable AI models for robotic dexterity and adaptability, aiming to enable multipurpose robots. Target customers include robotics developers, industrial firms, and research institutions.
Satellite Software & Systems
Astranis, San Francisco, CA, USA, founded in 2015 ($1.8 billion)
Specializes in small geostationary communications satellites branded as MicroGEO. Target customers include telecom providers, governments, and enterprises globally.
SpaceX, Cameron County, Texas, USA, founded in 2002 ($360 billion)
Designs, manufactures, and launches advanced rockets and spacecraft. Target customers are governments and consumers seeking Starlink wifi subscriptions and space tourism.
Please email us with any confidential input and company recommendations to theeditor@cryptoniteventures.com 😎🙏🏼
Blockchain & Crypto Top Companies
Coming Soon!