This week we continue our series on the top 5 VC-funded deals in AI.
This week’s winners included the pharma sector with a WHOPPING $1 Billion USD raise, two AI coding assistance ventures, an AI-based search engine (watch out Google!), and an early stage AI-investing VC firm.
Below are the top 5 venture-funded AI deals for the past week that highlight the dynamic and rapidly evolving landscape of artificial intelligence, with the help of some research via ChatGPT (Though – ONCE AGAIN – it didn’t make my job very easy this week!).
- Xaira Therapeutics – Xaira uses AI models to find new drugs
- Funding Amount: $1B
- Funding Round: Launch – out of stealth
- Investors: Arch Venture Partners, Foresite Capital (joint incubators of company, Sequoia Capital and Lightspeed Venture Partners
- Augment – Offers AI coding assistance
- Funding Amount: $227M
- Funding Round: Series B
- Investors: Sutter Hill Ventures, Index Ventures and Lightspeed Venture Partners
- Cognition – Offers artificial intelligence–powered coding assistant named Devin
- Funding Amount: $175M
- Funding Round: Follow up to last month’s Series A
- Investors: Founders Fund
- Perplexity AI – AI search engine startup
- Funding Amount: $63M
- Funding Round: Follow up to January Series B
- Investors: Daniel Gross, Nvidia, IVP, NEA, Jeff Bezos and Garry Tan
5. Vetta Venture Partners – An early-stage venture capital firm exclusively investing in AI-first startups
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- Funding Amount: $18 million
- Funding Round: Series A funding
- Investors: Not available
Make sure to check back weekly here for our “Top 5 VC AI Deals of the Week in AI”!
Article wirtten by DWN Staff with (minimal!) help from CoPilot
Research Sources: Startupsavant, Crunchbase, Forbes, Globalventuring, Growthlist
Research Sources: Startupsavant, Crunchbase, Forbes, Globalventuring, Growthlist
