This week we continue our series on the top 5 VC-funded deals in AI.
This week’s venture capital funding is led by seven deals exceeding the $100 million threshold, with all of our top-five deals coming in at more than $120 million apiece.
The top reported deal, per FinSMEs, came from San Francisco-based AI observability provider Observe, which raised a $156 million Series C in part to “continue investing in product development, AI innovation, and global hiring,” according to its announcement. Our second-place announcement came from the physical economy space, where San Francisco-based Motive brought in a $150 million round. The top five also included companies in the open-source AI, AI chips and tax research sectors.
Smaller funding raises that did not quite make our top 5 this week included announcements from the agentic AI, security, physical AI and AI development spaces.
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 July 31-Aug. 6
1. Observe
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Location: San Mateo, CA
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Description: Observe offers an AI-powered observability platform that enables engineering teams to monitor, understand, and troubleshoot distributed systems in real time.
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Funding Amount: $156M
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Funding Round: Series C
2. Motive
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Location: San Francisco, CA
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Description: Motive operates an AI-powered Integrated Operations Platform for the physical economy, helping industries like construction, logistics, and agriculture automate and optimize operations.
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Funding Amount: $150M
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Funding Round: Venture funding
3. Anaconda
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Location: Austin, TX
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Description: Anaconda is a leader in open-source data science and AI development, offering scalable tools that empower developers and enterprises to build and deploy AI at scale.
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Funding Amount: $150M+
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Funding Round: Series C
4. FuriosaAI
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Location: Seoul, South Korea
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Description: FuriosaAI is a fabless semiconductor company developing high-performance AI chips designed to accelerate next-generation workloads in data centers and edge environments.
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Funding Amount: $125M
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Funding Round: Series C bridge funding
5. Blue J
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Location: Toronto, Canada
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Description: Blue J provides a generative AI platform for tax research, enabling legal and accounting professionals to quickly analyze complex tax issues and generate accurate, data-backed insights.
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Funding Amount: $122M
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Funding Round: Series D
Make sure to check out our Top 5 VC Deals of the Week in AI right here!
Research Source: FinSMEs