Top 5 VC Deals of the Week in AI (1/17/24)

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This week we continue our series on the top 5 VC-funded deals in AI.

This week our announcements are led by two deals exceeding the $100 million threshold, with four of the top five deals landing in fields related to healthcare and biotechnology.

This week’s top reported deal, per FinSMEs, came from San Francisco-based Innovaccer, which raised $250 million in its Series F round to “expand its collaboration with existing customers, introduce new AI and cloud capabilities, and scale a developer ecosystem on the platform.” Innovaccer is one of the major connective software providers for the healthcare industry, offering integration and data management to large health systems in the U.S. The next biggest announcement came from the closely related healthcare automation space, where New York-based Qventus brought in a $105 million round Series D. The top five also included companies in the defense and healthcare spaces.

Smaller funding raises that did not quite make our top 5 this week included announcements from the talent acquisition, fashion and architectural planning 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 Jan. 9-Jan. 15

1. Innovaccer Inc.

  • Location: San Francisco, CA
  • Description: Innovaccer leverages AI to build unified healthcare data platforms, enabling healthcare organizations to improve patient care and operational efficiency.
  • Funding Amount: $275M
  • Funding Round: Series F

2. Qventus

  • Location: New York City, NY
  • Description: Qventus provides AI-based care automation software for health systems, optimizing workflows and improving patient outcomes in hospitals and clinics.
  • Funding Amount: $105M
  • Funding Round: Series D

3. Bioptimus

  • Location: Paris, France
  • Description: Bioptimus develops AI foundation models for biology, enabling breakthroughs in drug discovery, genomics, and molecular research.
  • Funding Amount: $41M
  • Funding Round: Venture funding

4. Overland AI

  • Location: Seattle, WA
  • Description: Overland AI develops advanced autonomy solutions for uncrewed ground vehicles (UGVs), supporting applications in defense, logistics, and disaster response.
  • Funding Amount: $32M
  • Funding Round: Series A

5. Qualified Health

  • Location: Palo Alto, CA
  • Description: Qualified Health is a public benefit corporation providing infrastructure for integrating generative AI into healthcare, enabling transformative tools for providers and patients.
  • Funding Amount: $30M
  • Funding Round: Seed funding

Make sure to check out our Top 5 VC Deals of the Week in AI right here!


Written & Researched by DWN Staff
VC Deals Synopsized by ChatGPT
Research Source: FinSMEs