Tracxn Deals of the Week: AI, Cybersecurity, and Big Data (September 22-28, 2023)

According to Tracxn, these are the notable deals this week across the sectors of artificial intelligence, cybersecurity, and big data analytics.

Click here to view past Deals of the Week.

Artificial Intelligence

• AlphaSense – AI interfaced market intelligence and search platform, raised a Series E  – $150M round from Bond Capital, CapitalG, Viking Global Investors, Goldman Sachs Asset Managementl and others.
• arbinger Health – AI-based cancer detection tool for providers, raised a Series B – $140M round from Flagship Pioneering, Partners Investment, Venture Catalysts, Pictet Group and others.
• Shield AI – Manufacturer of autonomous drones for surveillance and patrolling, raised a Seed E – $114M round.
• Evozyne – Developer of proteins using protein engineering technology, raised a  Series B – $81M round from Fidelity Investments, Orbimed, Valor Equity Partners, Paragon Biosciences, and others.
• Kneron – Provider of hardware and software solutions for edge AI applications, raised a Series B – $49M round from, Alltek Technology, and Foxconn Electronics.
• Doceree – Provider of an AI-based programmatic marketing platform for physicians, raised a  Series B – $35M round from, Creaegis, Eight Roads Ventures, and F-Prime Capital.

Cybersecurity

• Nord Security – Cloud-based cybersecurity suite solutions provider raised a Series C – $100M round from Warburg Pincus, Novator Partners, Burda Principal Investments.
• Lumu – Network intrusion detection solutions provider raised a Series B – $30M round from ForgePoint Capital, BIP Ventures, Simma Capital, and Exceptional Capital.
• Gem Security – Provider offering incident response solution for cloud threats raised a Series A – $23M round from GGV Capital, IBM, Team8, SVCI.
• SKUx – Artificial intelligence and blockchain based anti-fraud solution raised a Series A – $12.4M round.
• Echomark – Information security solution helps in secure flow of private information raised a Seed – $10M round from Craft Ventures.
• FOSSA – Automated open source license scanning and vulnerability management tool raised a Series B – $5M round.

Big Data Analytics

• Precog – Provider of advanced analytics solutions for NoSQL data raised a Series A – $2.32M round.
• 0xScope – Provider of a platform offering knowledge graphs raised a Seed round from OKX.

Photo: Jack Kokko, CEO and Founder of AlphaSense. (Credit: AlphaSense)