This week we continue our series on the top 5 VC-funded deals in AI.
And here we go on the big funding rounds in AI again, with our top deal coming in at $111M on a Series A.
The week’s funding round winners were companies offering the following:
- A healthcare technology company dedicated to developing explainable AI solutions for precision medicine, aiming to revolutionize personalized healthcare;
- An AI-powered workforce management company that provides solutions to optimize labor efficiency and enhance employee engagement;
- An AI-powered observability command center, enabling businesses to monitor and optimize their operations with advanced AI analytics;
- A leader in AI-driven performance optimizations, helping organizations enhance their system performance through cutting-edge AI technology and
- A medical technology company developing AI software to enable the detection of cardiovascular diseases, improving early diagnosis and patient outcomes
Let’s jump right in in to view this week’s winners below…
Top 5 Funded Deals:
- Zephyr AI, Inc.
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- Location: McLean, VA
- Description: Zephyr AI is a healthcare technology company dedicated to developing explainable AI solutions for precision medicine, aiming to revolutionize personalized healthcare.
- Funding Amount: $111M
- Funding Round: Series A
2. Legion
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- Location: Redwood City, CA
- Description: Legion is an AI-powered workforce management company that provides solutions to optimize labor efficiency and enhance employee engagement.
- Funding Amount: $50M
- Funding Round: Series C
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3. Axion Ray
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- Location: New York City, NY
- Description: Axion Ray offers an AI-powered observability command center, enabling businesses to monitor and optimize their operations with advanced AI analytics.
- Funding Amount: $12.5M
- Funding Round: Series A
4. Polar Signals
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- Location: Berlin, Germany
- Description: Polar Signals is a leader in AI-driven performance optimizations, helping organizations enhance their system performance through cutting-edge AI technology.
- Funding Amount: $10.8M
- Funding Round: Additional funding round
5. Elucid
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- Location: Boston, MA
- Description: Elucid is a medical technology company developing AI software to enable the detection of cardiovascular diseases, improving early diagnosis and patient outcomes.
- Funding Amount: $8M
- 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
Research Source: FinSMEs
