This week our announcements are led by three deals exceeding the $100 million threshold.
The top reported deal, per FinSMEs, came from Palo Alto, Calif.-based Glean, which raised a $150 million Series F in part to "support its continued product innovation, the expansion of its partner ecosystem, and international growth," according to its announcement. The next biggest announcement came from the cybersecurity space, where San Francisco-based Horizon3.ai raised a $100 million Series D. The top five also included companies in the procurement and construction spaces.
Smaller funding raises that did not quite make our top 5 this week included announcements from the AI training, climate mitigation and workplace safety 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 5-June 11