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 Santa Clara, Calif.-based Nexthop AI, an AI infrastructure company, which raised a $110 million round in part to support its work building infrastructure for AI hyperscalers. The next biggest announcement came from the big data space, where New York-based Dataminr brought in an $85 million round. The top five also included companies in the data utility and healthcare spaces.
Smaller funding raises that did not quite make our top 5 this week included announcements from the insuretech, retail and senior living 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 20-March 26.
1. Nexthop AI
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Location: Santa Clara, CA
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Description: Nexthop AI is an AI infrastructure company providing advanced networking solutions to cloud companies, helping them scale efficiently and securely.
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Funding Amount: $110M
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Funding Round: Venture funding
2. Dataminr
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Location: New York City, NY
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Description: Dataminr offers a real-time AI platform that detects high-impact events, emerging risks, and critical information by analyzing public data signals worldwide.
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Funding Amount: $85M
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Funding Round: Venture funding
3. Carbon Arc
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Location: New York City, NY
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Description: Carbon Arc is an AI-powered data utility company helping organizations integrate and activate complex data sets to power decision-making and personalization.
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Funding Amount: $56M
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Funding Round: Venture funding
4. Navina
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Location: New York City, NY
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Description: Navina delivers AI-powered clinical intelligence tools that help physicians turn complex patient data into actionable insights at the point of care.
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Funding Amount: $55M
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Funding Round: Series C
5. Proscia
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Location: Philadelphia, PA
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Description: Proscia develops digital pathology software enhanced by AI to improve diagnostic accuracy, efficiency, and the transition to digital workflows in pathology labs.
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Funding Amount: $50M
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Funding Round: Venture funding
Make sure to check out our Top 5 VC Deals of the Week in AI right here!
Research Source: FinSMEs
