This week we continue our series on the top 5 VC-funded deals in AI.
This week our announcements are led by one deal exceeding the $100 million threshold.
The week’s top reported deal, per FinSMEs, came from Teaneck, N.J.-based UVeye, a maker of AI automobile inspection systems, which raised $191 million in its latest round to expand globally and scale up its manufacturing capacity. . The next biggest announcement came from the senior living space, where San Francisco-based SafelyYou brought in a $43 million Series B round. The top five also included companies in the music, dentistry and marketing spaces.
Smaller funding raises that did not quite make our top 5 this week included announcements from the cybersecurity, enterprise IT and metals exploration 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 Jan. 23-Jan. 29
1. UVeye
- Location: Teaneck, NJ
- Description: UVeye develops AI-driven vehicle inspection technology, enabling automated and precise vehicle assessments for security, maintenance, and quality control purposes.
- Funding Amount: $191M
- Funding Round: Venture funding
2. SafelyYou
- Location: San Francisco, CA
- Description: SafelyYou leverages AI, hardware, and remote expert clinicians to enhance care in senior living facilities, reducing falls and improving patient outcomes.
- Funding Amount: $43M
- Funding Round: Series C
3. Music AI
- Location: Salt Lake City, UT
- Description: Music AI develops AI-powered music and audio technology, helping musicians and content creators generate, enhance, and analyze audio with machine learning.
- Funding Amount: $40M
- Funding Round: Series A
4. VideaHealth
- Location: Boston, MA
- Description: VideaHealth applies AI to dentistry, providing advanced diagnostic tools that assist dental professionals in detecting conditions more accurately and efficiently.
- Funding Amount: $40M
- Funding Round: Series B
5. StructuredWeb
- Location: New York City, NY
- Description: StructuredWeb offers AI-powered channel sales and marketing SaaS solutions, helping businesses optimize their sales processes and partner engagement.
- Funding Amount: $30M
- Funding Round: Venture funding
Make sure to check out our Top 5 VC Deals of the Week in AI right here!
Research Source: FinSMEs
