– Pyxis One closed $17M in Series B funding.
– With total funding of $24M, the tech startup plans to use this round of capital for investments in product development, and to expand to new markets.
– Celesta Capital and Premji Invest co-led the round with participation from previous investors Chiratae Ventures, pi Ventures, and Exfinity Venture Partners.
– Pyxis One enables enterprises to scale accurate data-driven marketing.
– The startup’s codeless AI ecosystem comprises dozens of AI models deployed across different aspects such as targeting, optimization, creative recommendation, and consumer research, enabling a complete ecosystem that can help teams collaborate, and leverage capabilities enabled by the adoption of AI.

– Deep Vision, a company developing an AI accelerator chip and software suite for edge computing workloads, announced that it closed a $35 million series B financing round led by Tiger Global, with participation from Exfinity Venture Partners, Silicon Motion, and Western Digital.
– According to CEO Ravi Annavajjhala, the proceeds will be put toward product development as Deep Vision looks to ramp up manufacturing of its hardware for early customers.
– Edge computing, which puts computing and storage resources at the location where data is produced, is thriving as industries including manufacturing, health care, and energy increasingly embrace it. Grand View Research predicts that the global edge computing market will reach $6.29 billion in value in 2021, up from $4.68 billion in 2020.

– Ai Palette, a startup that uses machine learning to help companies spot trends in real time and get them retail-ready, raised $4.4m in Series A funding.
– The round was led by pi Ventures and Exfinity Venture Partners, and also included participation from returning backers food tech venture firm AgFunder and Decacorn Capital, and new investor Anthill Ventures.
– The company plans to use the funding to expand into more markets and fill engineering and data science roles.