This week our announcements feature five deals exceeding the $100 million threshold.
The top reported deal, per FinSMEs, came from Durham, N.C.-based sports team operating system provider Teamworks, which raised a $235 million Series F in part to "accelerate development of AI-powered solutions across all four product categories by expanding its data science team and enhance AI-driven insights that deliver a better decision-making for athletes, coaches, and administrators," according to its announcement. So, I guess think of an AI version of Billy Bean. The next biggest announcement came from the UK's physical AI space, where London-based PhysicsX raised a $135 million round. The top five also included companies in the observability, healthcare and customer experience spaces.
Smaller funding raises that did not quite make our top 5 this week included announcements from the wealthtech, healthcare and enterprise AI 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 June 19-June 25