This week's venture capital funding is led by seven deals exceeding the $100 million threshold, with all of our top-five deals coming in at more than $120 million apiece.
The top reported deal, per FinSMEs, came from San Francisco-based AI observability provider Observe, which raised a $156 million Series C in part to "continue investing in product development, AI innovation, and global hiring," according to its announcement. Our second-place announcement came from the physical economy space, where San Francisco-based Motive brought in a $150 million round. The top five also included companies in the open-source AI, AI chips and tax research sectors.
Smaller funding raises that did not quite make our top 5 this week included announcements from the agentic AI, security, physical AI and AI development spaces.
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 July 31-Aug. 6