This holiday week our announcements feature just one deal exceeding the $100 million threshold.
The top reported deal, per FinSMEs, came from Paris, France and San Francisco-based physical AI lab Genesis AI, which raised a $105 million round in part to "to open-source components of its data engine and foundation model to empower developers, researchers, and partners to build and accelerate progress across the broader field of physical AI," according to its announcement. The next biggest announcement came from a space near and dear to our heart, wealthtech, where New York-based Savvy Wealth, an technology-oriented, AI-infused RIA platform, raised a $72 million round. The top five also included companies in the fashion, procurement and data spaces.
Smaller funding raises that did not quite make our top 5 this week included announcements from the voice, 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 26-July 2