Cardano
Top Most Important Conversational AI Investments in 2022
The startup scenario is being changed by bringing in investment and deal activity around AI technologies. The market activity plainly demonstrates that new businesses that had AI as a core product are creating more advanced AI tech-packed away with the heaviest investment from leading VC firms and investors. These investors are putting their stakes vigorously in Conversational AI deep tech startups.
Let’s look at some of the recent Conversational AI investments.
Rasa
Conversational Artificial Intelligence startup Rasa Technologies has closed a US$26 million Series B funding round led by Andreessen Horowitz. Reportedly, the recent sum will be invested in improving the company’s open-source tools for building chatbots and other AI projects, an area that’s undergoing something of a renaissance in the wake of the ongoing COVID-19 health crisis.
Orbita
The Boston-based Orbita raised US$9 million for a conversational AI-powered voice and chatbot platform co-led by Philips Health Technology Ventures and HealthX Ventures along with investors Cultivation Capital and Newark Venture Partners. To note, the company enables a powerful conversational AI platform for healthcare organizations to cost-effectively create and manage HIPAA-compliant virtual healthcare assistants for consumer and clinical applications that increase patient engagement, reduce the cost of care, and improve outcomes.
Bluecore
The marketing technology company, Bluecore recently announced the close of its US$50 million Series D funding round led by existing investor Georgian Partners, who recently raised Canada’s first US$1-billion-plus private-sector venture capital fund. Moreover, Bluecore’s current investors FirstMark and Norwest also invested in the round. It has been estimated that the new investment will bring the company’s total funding to date to more than US$100 million.
Phelix.ai
Phelix.ai, a Canada-based startup that develops automation tools for the health sector, has recently raised a US$1 million seed round. The round was led by Well Health Technologies, which contributed US$250,000. However, other investors were not disclosed. Both the companies also entered into a strategic alliance agreement that grants Well Health Technologies the right to use and sublicense Phelix.ai’s clinical assistant automation software.
Omilia
Cyprus headquartered-Omilia that has built a conversational AI for customer support, and has raised US$20 million in its first-ever funding round, having been bootstrapped since 2002. The funding round was backed by Grafton Capital. The money will be used to invest in further growth, after Omilia grew revenue by “more than” 100% in 2019, with the majority of new customers based in the US.
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Original Source: https://www.analyticsinsight.net/top-most-important-conversational-ai-investments-in-…
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Popular Cardano-based decentralized exchange WingRiders has lost its position as the most valuable DEX on Cardano.
WingRiders slumped from the first position to third after losing more than 59% of the total value locked (TVL) on the platform in the past 30 days.
At the time of writing this line, WingRiders is now the third-largest DEX by total value locked, with a TVL of $19.66 million. It is noteworthy that WingRiders maintained the top spot for more than two months, claiming 42% of TVL On Cardano. However, the DEX has fallen from glory ever since.
Minswap Is Now Cardano’s Most Valuable DEX
The development also affected the total value locked on Cardano. The total value locked on Cardano has fallen below $100 million in the last 30 days after the WingRiders TVL slumped.
Interestingly, Minswap has taken the lead to become the most valuable decentralized exchange on Cardano after the massive decline of WingRiders’ TVL.
At press time, Minswap is leading, with a $49.09 million total value locked on the platform. The DEX hit the milestone after recording a massive growth of 30.9% in its TVL in the past 30 days. Minswap accounts for 51.82% of the total value locked on Cardano.
SundaeSwap, the first decentralized exchange on Cardano, is now the second most valuable DEX in the ecosystem. SundaeSwap is second in the ranking, with $19.72 million in TVL.
Like WingRiders, SundaeSwap has also lost a significant amount of its TVL over the past 30 days. In the past month, SundaeSwap has lost nearly 10% of the funds locked on the platform.
Commenting on the development, Cardano Daily, a platform that shares new developments about Cardano, said:
“After the major decline of @wingriderscom, the TVL scenario of the Cardano ecosystem has stabilized back to normal as we have seen in the past few weeks. @MinswapDEX still led the ecosystem with $51M TVL, contributing 50% of the ecosystem.”
CARDANO TVL STATUS
After the major decline of @wingriderscom, the TVL scenario of the @Cardano ecosystem has stabilized back to normal as we have seen in the past few weeks. @MinswapDEX still led the ecosystem with $51M TVL, contributing 50% of the ecosystem#tvl #cardano $ADA pic.twitter.com/xjZ6cHo8jX
— Cardano Daily (@cardano_daily) August 9, 2022
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