This week we continue our series on the top 5 VC-funded deals in AI.
This week we look back all the way to Dec. 19 in our coverage of AI venture funding and our announcements are led by two deals exceeding the $100 million threshold.
This week’s top reported deal, per FinSMEs, came from Palo Alto, Calif.-based SandboxAQ, which raised over $300 million in its latest funding round to “accelerate the development of its Large Quantitative Models (LQMs) and other AI applications in drug discovery, materials science, chemistry, cybersecurity, navigation, and medical devices.” The next biggest announcement came from the accounting space, where Charlotte, N.C.-based Aiwyn brought in an impressive $113M round. The top five also included companies in the AI research, healthcare and financial spaces.
Smaller funding raises that did not quite make our top 5 this week included announcements from the logistics, investech and insuretech 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 Dec. 19-Jan. 8
1. SandboxAQ
- Location: Palo Alto, CA
- Description: SandboxAQ delivers cutting-edge solutions that integrate AI and quantum techniques to address challenges in cybersecurity, healthcare, and advanced simulations.
- Funding Amount: $300M+
- Funding Round: Venture funding
2. Aiwyn
- Location: Charlotte, NC
- Description: Aiwyn provides a practice automation platform designed for Certified Public Accounting (CPA) firms, helping automate processes and improve client engagement.
- Funding Amount: $113M
- Funding Round: Venture funding
3. Decart
- Location: San Francisco, CA
- Description: Decart is an AI research lab focused on advancing the boundaries of artificial intelligence with innovative solutions for enterprises and research organizations.
- Funding Amount: $32M
- Funding Round: Series A
4. Deciphex
- Location: Dublin, Ireland
- Description: Deciphex specializes in AI-powered digital pathology, enabling faster and more accurate analysis of pathology slides for improved healthcare outcomes.
- Funding Amount: $32M
- Funding Round: Series C
5. Justt
- Location: New York City, NY
- Description: Justt provides AI-driven chargeback management solutions, empowering businesses to handle disputes and recover revenue with minimal effort.
- Funding Amount: $30M
- Funding Round: Series C
Make sure to check out our Top 5 VC Deals of the Week in AI right here!
Research Source: FinSMEs
