Tracxn Deals of the Week: AI and Cybersecurity (December 15-21, 2023)

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

Lightmatter, an AI-based photonic microprocessors for supercomputers, raised a Series C – $155M round from Google Ventures and Viking Global Investors.

Deep Apple, a provider of drug candidate identification solutions for drug development, raised a Series A – $52M round from Apple Tree Partners.

VideoVerse, an AI-based video editing platform for enterprises, raised a Series B – $45M round from Bluestone Equity Partners.

TuMeke, a provider of a computer vision joint tracking solution for ergonomic assessments, raised a Series A – $10M round from Intel Capital.

Skyline Robotics, a provider of AI-based window cleaning robots, raised a Seed – $9.8M round from The Durst Organization.

HYDROGRID, an intelligent IoT solution for optimizing and controlling hydropower plants, raised a Series A – $8.5M round from Karma VenturesInven CapitalSET Ventures, and Constantia New Business.

Cybersecurity

Phosphorus, a provider of IoT devices security systems, raised a Series A – $27M round from Evolution Equity Partners.

QNu Labs, a provider of cloud based and quantum cryptography-based cybersecurity solutions for secure communication, raised a Seed – $6.5M round from Speciale Invest and Ashish Kacholia

Brandefense, a provider of digital risk protection solutions platform, raised a Seed – $2.75M round from Sabancı VenturesFinbergTechOne Venture CapitalTeknoloji Yatirim, and others.

 

Photo: Envise, a general-purpose photonic artificial intelligence (AI) accelerator, from Lightmatter.

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