This week we continue our series on the top 5 VC-funded deals in AI.
This week our announcements are led by six deals exceeding the $100 million threshold, meaning Turing’s impressive $110 million round was left off our top 5 list.
The week’s top reported deal, per FinSMEs, came from Santa Clara, Calif.-based Celestial AI, an AI comptuting company, which raised a $250 million Series C1 round in part to “to expand and qualify its volume manufacturing supply-chain to serve customer demand.” The next biggest announcement came from the defense space, where Washington-based Shield AI brought in a $240 million round. The top five also included companies in the life sciences and human resources spaces.
Smaller funding raises that did not quite make our top 5 this week included announcements from the insuretech, infrastructure, and agentic AI 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 March 6-March 12
1. Celestial AI
- Location: Santa Clara, CA
- Description: Celestial AI provides Photonic Fabric™, an optical interconnect technology platform designed to revolutionize data transfer speeds and efficiency in AI computing.
- Funding Amount: $250M
- Funding Round: Series C1
2. Shield AI
- Location: Washington, DC
- Description: Shield AI develops advanced autonomy software and defense aircraft to enable intelligent, self-operating military systems. The company is now valued at $5.3 billion.
- Funding Amount: $240M
- Funding Round: Series F-1
3. Lila Sciences
- Location: Boston, MA
- Description: Lila Sciences is building a scientific platform and autonomous labs to accelerate innovation in life sciences, chemical research, and materials development.
- Funding Amount: $200M
- Funding Round: Seed funding
4. Darwinbox
- Location: Hyderabad, India
- Description: Darwinbox provides a next-generation AI-powered human resource technology platform designed to optimize workforce management and enterprise HR operations.
- Funding Amount: $140M
- Funding Round: Venture funding
5. Reflection
- Location: New York City, NY
- Description: Reflection is developing superintelligent, autonomous AI systems capable of complex reasoning and decision-making, aiming to advance AI beyond traditional models.
- Funding Amount: $130M
- Funding Round: Venture funding
Make sure to check out our Top 5 VC Deals of the Week in AI right here!
Research Source: FinSMEs
