According to Tracxn, these are the notable deals this week across the world of artificial intelligence and cybersecurity.
Click here to view past Deals of the Week.
Artificial Intelligence
- VAST Data, a data platform and storage solutions provider for deep learning and AI, raised a Series E – $118M round from Fidelity Investments, New Enterprise Associates, Bond Capital, and Drive Capital
- Orchestra, a provider of cloud and AIOps software solutions, raised a Series B – $100M round from STIC Investments, IMM Investment, Industrial Bank of Korea, KDB Industrial Bank
- AssemblyAI, a provider of speech to text solutions, raised a Series A – $50M round from Accel, Insight Partners, Smith Point Capital, Daniel Gross, and others.
- Sarvam AI, a developer of large language models, raised a Series A – $41M round from Lightspeed Venture Partners, Khosla Ventures, and Peak XV Partners.
- Igloo, an online platform for health and P&C insurances raised a Series B – $36M round from Eurazeo, BNP Paribas Cardif, Openspace Ventures, La Maison Partners
- MineOS, an AI-based data privacy platform for enterprises, raised a Series B – $30M round from Battery Ventures, Headline, Saban Ventures, Gradient Ventures, and others.
Cybersecurity
- ArmorCode, a platform offering application security solutions, raised a Series B – $40M round from Highland Capital Partners, Sierra Ventures, NGP Capital, Cervin, and others.
- Mine, a provider of solutions for data privacy, raised a Series B – $30M round from Battery Ventures, Headline, Saban Ventures, Gradient Ventures and others.
- Prove & Run, an embedded IoT and embedded system security solution, raised a Series A – $ 16.2 M round from, Tikehau Capital, Bpifrance.
- Obscuro, a platform offering security solutions for blockchain infrastructure, raised a Series A – $ 7.5M round from Republic Capital, Magnus Capital, Big Brain Holdings, DWF Labs, and others.
- Gataca, a digital identity management platform, raised a Seed – $1.42M round from Signature Ventures, SBXi.
- RYVER.AI, an artificial intelligence-based data privacy and security solutions, raised a Seed – $1.4M round from Nina Capital, Bayern Kapital, and Fund F.
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