This week we continue our series on the top 5 VC-funded deals in AI.
This week we, once again, have a $1B USD raise (we did two weeks ago as well), and generally, we saw this same arc when we watched funding rise (and more recently fall) for fintech in our fintech VC series.
This week’s funding winners in AI were wtihin the following secgtors: automotive, robotics, drones, cash management and cancer center workflows. What an interesting mix, right?
Below are the top 5 venture-funded AI deals for the past week…
Wayve
Location: London, UK
Description: Wayve integrates advanced AI into vehicles and robots, aiming to revolutionize transportation and automation.
Funding Amount: $1.05 billion (Series C funding)
Atlan
Location: San Francisco, CA
Description: Atlan specializes in data and AI governance, providing solutions for managing and securing data-driven processes.
Funding Amount: $105 million (Series C funding)
XTEND
Location: Tel Aviv, Israel
Description: XTEND develops XOS, an AI-driven operating system that enables humans to interact with drones and robots.
Funding Amount: $40 million (Series B funding)
Panax
Location: NYC
Description: Panax offers an AI-driven cash flow management platform, helping businesses optimize their financial operations.
Funding Amount: $15 million
Triomics
Location: San Francisco, CA
Description: Triomics advances generative AI models to streamline workflows for cancer centers, enhancing patient care.
Funding Amount: $15 million
Make sure to check back weekly here for our “Top 5 VC AI Deals of the Week in AI”!
Written Researched by DWN Staff/ VC Deals Synopsized by CoPilot
Research Source: FinSMEs
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