This week we continue our series on the top 5 VC-funded deals in AI.
This week our announcements are led by two huge deals exceeding the $100 million threshold.
The week’s top reported deal, per FinSMEs, came from San Franciso based Lambda, an AI cloud company, which raised a $480 million Series D round to continue building out its cloud infrastructure for AI developers and users. The next biggest announcement also came from the cloud space, where Together AI (mis-spelled on FinSMEs as “Togheter AI”), which also happens to be based in San Francisco, brought in a $305 million Series B round. The top five also included companies in the AI observability and financial spaces.
Smaller funding raises that did not quite make our top 5 this week included announcements from the HR, fintech and automotive 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…
1. Lambda
- Location: San Francisco, CA
- Description: Lambda is building an AI cloud platform designed to provide high-performance computing infrastructure for machine learning and deep learning applications.
- Funding Amount: $480M
- Funding Round: Series D
2. Together AI
- Location: San Francisco, CA
- Description: Together AI is an AI acceleration cloud company that enables enterprises to scale AI workloads efficiently. The company is valued at $3.3 billion post-funding.
- Funding Amount: $305M
- Funding Round: Series B
3. Baseten
- Location: San Francisco, CA
- Description: Baseten provides an inference platform that helps companies deploy and manage AI-native products, optimizing model performance and scalability.
- Funding Amount: $75M
- Funding Round: Series C
4. Arize AI
- Location: Berkeley, CA
- Description: Arize AI specializes in AI observability and large language model (LLM) evaluation, helping enterprises monitor, troubleshoot, and improve AI model performance.
- Funding Amount: $70M
- Funding Round: Series C
5. Auditoria.AI
- Location: San Jose, CA
- Description: Auditoria.AI focuses on agentic AI solutions tailored for the Office of the Chief Financial Officer (CFO), streamlining financial operations and automating key workflows.
- Funding Amount: $38M
- Funding Round: Series B
Make sure to check out our Top 5 VC Deals of the Week in AI right here!
Research Source: FinSMEs
