Top 5 VC Deals of the Week in AI (6/7/24)

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This week we continue our series on the top 5 VC-funded deals in AI.

Now for the fourth week in a row, the VC funding amounts for AI are “modest” by former funding round standards.

Last week, our funding winner Maven AGI had a $20M VC investment and this week, Valar Labs comes in with a $22M as our top funded entity.

The week’s winners were in computational histology for cancer treatments (LOVE THIS, since we just had a Stage 4 cancer scenario in our house last year), pharmacy and healthcare automation, weather forecasting, life sciences and tax automation.

Below are the top 5 venture-funded AI deals for the past week…


As the AI industry continues to evolve, startups are securing substantial funding to drive innovation and growth. Here are the top 5 VC-backed deals in AI, from highest to lowest funding amount for the past week:

1. Valar Labs

  • Location: Palo Alto, CAN
  • Description: Creator of artificial intelligence (AI) technology for computational histology (CHAI), which predicts how well cancer treatments will work
  • Funding Amount: $22M
  • Funding Round: Series A

2. Plenful

  • Location: San Francisco, CA
  • Description: An AI-powered platform that automates workflows, simplifying and optimizing pharmacy and healthcare operations for improved efficiency and productivity
  • Funding Amount: $17M
  • Funding Round: Series A

3. WindBorne Systems

  • Location: Palo Alto, CA
  • Description: Developer of a cutting-edge atmospheric sensing system and advanced AI-powered weather forecasting model, capable of providing more accurate and reliable weather insights and predictions
  • Funding Amount: $15M
  • Funding Round: Series A

4. Weave Bio

  • Location: San Francisco, CA
  • Description: An AI platform enabling innovative and data-driven solutions for the life sciences industry
  • Funding Amount: $8.28M
  • Funding Round: Funding (round unspecified)

5. Kintsugi AI

  • Location: San Francisco, CA
  • Description: Provider of a seamless tax automation solution, simplifying tax management and compliance
  • Funding Amount: $6M
  • Funding Round: Series A

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 ChatGPT
Research Source: FinSMEs