This week we continue our series on the top 5 VC-funded deals in AI.
This past week was once again a more muted one for venture funding in AI, with no deals exceeding the $100M threshold.
This week’s top reported deal, per FinSMEs, came in at $75 million from the artificial superintelligence (ASI) sector, where Harmonic’s Series A round will facilitate its “rapid growth.” The second biggest announcement was in security, where Torq brought in a $70M Series C round. The top five also included three companies in the medical laboratory, autonomous worker and healthcare large-language model space.
Smaller funding raises that did not make our top 5 this week included announcements in the content creation, meeting intelligence, and autonomous surface vessel realms.
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 Sept. 19-25
- Harmonic
Location: Palo Alto, CA
Description: An artificial intelligence platform focused on the development of mathematical superintelligence (MSI).
Funding Amount: $75M
Funding Round: Series A - Torq
Location: New York City, NY
Description: An AI-first security hyperautomation company enhancing operational efficiency and security.
Funding Amount: $70M
Funding Round: Series C - PictorLabs
Location: Los Angeles, CA
Description: A software company innovating in histopathology through AI-powered virtual staining technologies.
Funding Amount: $30M
Funding Round: Series B - 11x
Location: San Francisco, CA
Description: An AI startup that transforms the modern workforce with autonomous digital workers.
Funding Amount: $24M
Funding Round: Series A - Hippocratic AI
Location: Palo Alto, CA
Description: A company focused on building a safety-oriented Large Language Model (LLM) specifically for healthcare applications.
Funding Amount: $17M
Funding Round: Series A
Research Source: FinSMEs
