Hot Off the AI Furnace Newsletter - February 11, 2025

AI Hot 100 Podcast (Carbon Arc), News & Insights, Jobs in AI, Upcoming Events & more

AI Hot 100 Podcast: Democratizing Data Structuring & Insights in an AI World | Kirk McKeown, Co-founder & CEO | Carbon Arc (raised $40M+)

Super excited to launch our first episode of the AI Hot 100 Podcast with Hamza Zaveri and Angela Mascarenas interviewing Carbon Arc CEO, Kirk McKeown. Kirk is a legend in the finance space - he was Head of Proprietary Research at top hedge funds such as Point72 and Glenview Capital before leaving to launch Carbon Arc, a platform enabling all companies to get a data edge on par with the methods used by hedge funds.

This conversation delves into Kirk’s background and how it informed his decision to start Carbon Arc, how he got his first customer, Deepseek, what the future of AI holds and more.

Carbon Arc is part of the AI Hot 100 List for 2025, and Kirk will be joining the AI Hot 100 Conference on June 26th, 2025.

AI HOT 100 STARTUP APPLICATION

A one of a kind conference in NYC on June 26, 2025.

100 of the hottest AI startups in the world in one place.

Fortune 500 executives from multiple industries, government officials, investors and thought leaders.

The who’s who of early stage AI.

If you're an AI startup and think you could be in the Hot 100 report and conference, then apply here.

📈 Venture Deals To Watch Out For

  • Manas AI, an AI-powered drug discovery platform, raised $24.6 million in its Seed funding. (link)

  • Krutrim, an LLM company for Indian languages, Ola founder Bhavish Aggarwal, raised $230 million in a round of funding. (link)

  • Camouflet, an AI embedded dynamic pricing platform, raised $12 million in its Series A funding. (link)

  • Hamming AI, a company specializing in automated testing and analytics for AI voice agents, raised $3.8 million in its Seed funding. (link)

  • Mitiga, a SaaS and cloud threat detection, investigation, and response solution provider, raised $30 million in its Series B funding. (link)

  • UVeye, an AI-driven vehicle inspection company, raised $191 million in a round of funding. (link)

  • Palona AI, a D2C AI agent company, raised $10 million in its Seed funding. (link)

  • Rad AI, a healthcare startup specializing in AI-powered tools for radiologists, raised $60 million in its Series C funding. (link)

  • &AI, a legal tech startup focused on AI agents for patent work, raised $6.5 million seed funding. (link)

  • Comstruct, a platform streamlining construction procurement workflows, raised $13 million in funding. (link)

⚙️ New Tools & Product Launches You Won’t Want to Miss

  • BooSum - an AI-powered book and document summarization tool. (BooSum)

  • ByteDance - released Monolith, its recommendation system on Github. (Monolith)

  • Real-Time - developed by Fireflies AI, it can capture notes and action items in a call for you. (Real-Time by Fireflies AI)

  • Rox - an AI-powered sales platform that unifies business data and generates smart customer insights and proactive engagement. (Rox)

  • AssemblyAI - a real-time AI powered speech-to-text API. (AssemblyAI)

  • Missio - an AI copilot for product management, automating workflows and optimizing decisions. (Missio)

🎞️ Highlights from The AI Hot 100 Conference: Anthropic CodeGen Demo: Building an App in 15 mins

Hear from Alexander Bricken (Applied AI, Anthropic) about Building an App in 15mins using Anthropic CodeGen (from The AI Hot 100 Conference in NYC, September 2024).

Top Jobs in AI

Join a high growth funded ($5M+) startup, having <100 employees, which are actively HIRING.

Air ($35M Series B) - Ops automation for creatives / marketers

  • Product Lead (Link)

  • AI Engineer (Link)

  • Sr. Software Engineer (Link)

  • Platform Engineer (Link)

MagicSchool AI ($45M Series B) - AI-driven learning platform for schools

  • GenAI Engineer (Link)

  • Cloud Architect (Link)

  • Head of Product (Link)

BaseTwo AI ($11.5M Series A) - AI Co-Pilot for Manufacturing

  • Product Manager (Link)

  • Product Designer (Link)

  • Head of Process Modelling (Link)

VIAVIA ($8M Seed) - AI-powered product lifecycle management for fashion retailers

  • Director of Merchandise and Strategy (Link)

  • Sr. Product Designer (Link)

  • Logistics Manager (Link)

Coram AI ($13.8M Series A) - Intelligence software for security cameras

  • Sr. Backend Engineer (Link)

  • Sr. C++ Engineer (Link)

  • Sr. Technical Recruiter (Link)

Looking to hire in AI? Drop us an email to get featured on our Job Board at [email protected]

📣 Calling All Full Stack Engineers

Are you looking to join a hot AI startup as a founding engineer? We are in touch with fast growing AI companies looking for full stack engineers with 2+ years experience in industry. If this is you and you’re exploring new opportunities or curious, fill out the form here.

We’ll send over personalized opportunities from hand-selected funded companies in the AI space if we think there’s a fit.

Interesting Posts

Agentic Object Detection - Removing the Need for Labelled Data: Andrew Ng dives into how agents are removing the need for training an AI visual model with labelled data when it comes to object detection. For example, you can prompt an agent to identify unripe strawberries in a picture and it can do so without needing to be trained on data that is labelled on how ripe vs unripe strawberries look. This is possible because the agent can use reflection, tool use, planning, multi agent collaboration and more to generate a high quality output. It’s awesome to see the advancements we’re witnessing in LLMs and agents and applying them to imagery and object detection! See it here.

Edge LLMs: In a blog post titled "Advances to low-bit quantization enable LLMs on edge devices", researchers from Microsoft Research discuss how low-bit quantization can enable the deployment of large language models (LLMs) on edge devices by compressing models and reducing memory demands. Read the blog here.

Check Out The AI Hot 100 Market Map 2024

The AI Furnace put together the AI Hot 100 Report and Market Map (East Coast Edition) in September 2024. We curated this list of startups (pre seed to series A) from thousands of applications based on signals such as team, founder-market fit, revenue, customers, partners, investors and more. To see full report, refer 2 friends to the newsletter, using the link below 👇

AI Hot 100 Market Map (East Coast Edition)

Upcoming Events 📆

Sponsored by:

Furnace Growth

Thank you to Furnace Growth for sponsoring today’s newsletter. Furnace Growth is a full-service Marketing & Business Development Agency specialized in making Technical AI Companies stand out, communicate and scale their products to the right target market in a competitive AI landscape. We help AI startups get to the next level by educating the market via brand building, social media content, digital and product marketing, and in-person events to become THE name in the niche and generate strong leads. Building in the AI space takes a unique mindset to growth, and this is where we come in as a creative partner to the world’s most ambitious AI companies.

📢 Interested in sponsoring? Reach out to us at [email protected] to get your brand in front of thousands of AI entrepreneurs, researchers, investors, executives, and AI leaders.

About The AI Furnace

The AI Furnace is a global network of 20,000+ AI founders, developers and researchers. It was started by Angela Mascarenas and Hamza Zaveri, AI founders from NYC and London who started the org to support fellow AI founders and operators building in local cities outside of Cerebral Valley (San Francisco).