AI Startup Funding Soars, Maruti Suzuki Expands Accelerator Program, Granta Autonomy Secures Seed Funding, Icelandic VC Frumtak Ventures Raises $87M

Discover the latest trends in AI startup funding as investments double in Q2. Maruti Suzuki opens its accelerator program to global startups, driving technological advancements in the automobile industry. Granta Autonomy receives €1 million in seed funding to transform reconnaissance missions with autonomous UAVs. Frumtak Ventures closes an $87 million fund to back AI and deeptech startups in Iceland's thriving ecosystem.

Sources:
https://techround.co.uk/startups/startup-funding-ai-doubled-q2-heres-why/
https://auto.economictimes.indiatimes.com/news/industry/maruti-suzuki-accelerator-program-now-open-to-global-startups/111639336
https://www.eu-startups.com/2024/07/vilnius-based-drone-startup-granta-autonomy-bags-e1-million-to-transform-reconnaissance-missions/
https://techfundingnews.com/icelandic-vc-frumtak-ventures-closed-87m-fund-to-back-ai-and-deeptech-startups/

Outline:
(00:00:00) Introduction
(00:00:34) Startup Funding In AI Has Doubled In Q2. Heres Why
(00:03:07) Maruti Suzuki Accelerator program now open to global startups
(00:05:40) Vilnius-based drone startup Granta Autonomy bags €1 million to transform reconnaissance missions
(00:08:53) Icelandic VC Frumtak Ventures closed $87M fund to back AI and deeptech startups