Top 5 VC Deals of the Week in AI (9/20/24)

This past week was a more muted one for venture funding in AI, with no deals exceeding the $100M threshold.

This week’s top reported deal, per FinSMEs, came in at just $33 million from the autonomous security sector, where Intezer’s series C round will facilitate expansion  of its go-to-market and product teams. The second biggest announcement was in aerospace, where Slingshot Aerospace brought in a $30M round. The top five also included three companies in the business ops, efficiency and productivity enhancement space.

Smaller funding raises that did not make our top 5 this week included announcements in the coding, construction, and retail sectors.

Below, we highlight the top five venture capital deals, ranked from the highest to the lowest funding amounts, showcasing the companies at the forefront of the AI revolution….

Top 5 Venture Capital Deals from Sept. 12-19

• • 1. Intezer
       • Location: New York City, NY
       • Description: Specializes in AI-powered technology for autonomous security operations.
       • Funding Amount: $33M
       • Funding Round: Series C
    2. Slingshot Aerospace
       • Location: El Segundo, CA
       • Description: Provides AI-powered solutions for satellite tracking, space traffic coordination, and space modeling and simulation.
       • Funding Amount: $30M
       • Funding Round: Growth Capital
    3. AceUp
       • Location: Boston, MA
       • Description: Offers an AI-powered team transformation engine designed to enhance team performance and productivity.
       • Funding Amount: $22.5M
       • Funding Round: Series A
    4. Roots Automation
       • Location: New York City, NY
       • Description: Creator of the AI-powered Digital Coworker and InsurGPT, aimed at enhancing efficiency in various industries.
       • Funding Amount: $22.2M
       • Funding Round: Funding
    5. Bounti
       • Location: San Jose, CA
       • Description: Specializes in autonomous AI products for sales, streamlining processes to boost productivity.
       • Funding Amount: $16M
       • Funding Round: Funding