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EmolutionCreative Co., Ltd. “Software development automation startup” invested by former Google CEO has ra ised a large amount! Latest status of overseas startups (weekly ranking)

[Emolution Creative Co., Ltd.]
“Software development automation startup” invested by former Google CEO raises large amount! Latest status of overseas startups (weekly ranking)
*EmolutionCreative Co., Ltd.*
Press release: September 6, 2024
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“Software development automation startup” invested by former Google CEO raises large amount! Latest status of overseas startups (weekly ranking)
*Uniqorns, Japan’s largest startup media, announces overseas startup funding status from August 26, 2024 to September 1, 2024 in ranking format*
As the trends of startup companies around the world are attracting attention, Magic, a startup company specializing in software development automation, has achieved large-scale funding and is attracting attention. Magic ranked first in the overseas startup funding ranking for August 26th to September 1st, 2024, announced by Uniqorns, one of Japan’s largest startup media outlets. Magic, which has raised $320 million from high-profile investors including former Google CEO Eric Schmidt and Sequoia, develops AI-powered coding assistance tools. This ranking also includes companies with innovative technologies such as data infrastructure company Cribl and coding support tool Codeium that utilizes generative AI models, which gives a sense of the momentum of startups in the technology field. I am.

overview
[Survey overview]
Title: [Weekly] Overseas startup funding ranking (August 26th to September 1st, 2024)
Collection period: This report collects data from August 26, 2024 to September 1, 2024. (As of September 2, 2024)
Originality of data: The information published in this report is based on data collected independently by our company, and all aggregations are made from our database.
Information sources: In compiling data, we mainly use press releases and news articles as information sources.
Disclaimer: The information contained in this document has been prepared from sources believed to be reliable, but we do not guarantee the accuracy or completeness of the content. Furthermore, we are not responsible for any damage caused based on this material.
This material is for informational purposes only and is not intended as a solicitation or recommendation for investment. The contents are subject to change without notice.

1st place: Magic (US)
Business content: Generative AI coding
Funding amount: $320 million

2nd place: Cribl (US)
Business content: Data infrastructure
Funding amount: $319 million
Investors: GV (Alphabet’s Corporate Venture Division), GIC, CapitalG, IVP, CRV

3rd place: Codeium (US)
What it does: Powered by generative AI models trained on public code to provide suggestions in the context of your app’s entire codebase Funding amount: $150 million
Investors: General Catalyst, Kleiner Perkins, Green Oaks

4th place: nOps (US)
Business content: Optimization of cloud usage for AWS customers Funding amount: $30 million
Investor: Headlight Partners

5th place: Miris (US)
Business content: Spatial streaming
Funding amount: $26 million
Investor: IAG Capital Partners

Uniqorns from 6th place onwards
Now available at

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[Weekly] Overseas startup funding ranking (August 26, 2024 – September 1, 2024)

*About Uniqorns*
Uniqorns, one of Japan’s largest startup media outlets, provides useful information to those involved in startups based on
independently collected and analyzed data. Uniqorns aims to boost the success of startups and contribute to the evolution of the startup ecosystem.

Uniqorns

* Includes startup status for the first half of the year! “Uniqorns 2024 First Half Overseas Startup Report” now available*
*Click here to download “Uniqorns 2024 First Half Overseas Startup Report”* for free
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