CB Insights has unveiled the winners of the sixth annual AI 100 — a list of the 100 most promising private AI companies across the globe. Regrow Ag is excited to see ourselves among the winners!
Some of this year’s winners are advancing the development and use of artificial intelligence (AI) across specific industries — such as healthcare, gaming, and agriculture. With the agriculture category represented only by two companies in this year's awards, we are honored to be selected and to see the growth of this category next year!
Additionally, a sizable portion of the companies in this cohort are developing tools, like machine learning (ML) platforms, to support AI development.
See full graphic here.
TOP AI COMPANIES 2022: AI 100 COHORT HIGHLIGHTS
We split this year’s cohort into 3 broad categories:
- AI development tools: Nearly one-third of the companies in this year’s cohort are working on solutions to support the management of various stages of the AI lifecycle, from data annotation to model training to model monitoring for algorithmic bias.
- Industry-specific applications: Forty-three of the winners are focused on applying AI to use cases specific to different industries, such as gaming, healthcare, and construction.
- Cross-industry applications: Vendors here are developing solutions that can be utilized across multiple industries, including warehouse & logistics robots, sales & contact center tech, and engineering design tools.
Below are a few highlights from the AI 100 Class of 2022.
Overall funding & valuation trends: The AI 100 includes a mix of companies at different stages of maturity, product development, and funding.
Overall, the cohort has raised $12B+ from 650 investors, across 300+ equity deals, since 2017 (as of 5/10/22). This year’s list includes 16 unicorns with a $1B+ valuation. (Note: Neither unicorn status nor the total amount of funding raised were included among the selection criteria for this year’s list.)
Global reach: This year’s winners represent 10 different countries across the globe. Seventy-three of the selected companies are headquartered in the US. The UK came in second with 8 winners, and Canada followed closely with 5.
Other countries home to a winner/winners on this year’s list include India, Sweden, China, and Germany. (Note: This geographical breakdown does not account for companies with multiple global headquarters.)