@ryanallis9CEO, AI Lounge & SaasRise
AI Funding This Week: $149B across 31 rounds (Oct 26 to Nov 1)
This week 31 AI venture rounds disclosed $149B between October 26 and November 1, and most of it came from two infrastructure financings: Meta's $97.5B public equity offering led by Nvidia and Microsoft's $25B bond offering. The pattern I would watch is how heavily capital is concentrating in AI infrastructure, so if you are raising, selling or growing, be ready to explain where your company sits in that stack and what it depends on.
The biggest rounds
- Meta Platforms raised $97.5B (Public equity offering), led by Nvidia. AI infrastructure financing, Menlo Park, US.
- Microsoft raised $25B (Bond offering). AI infrastructure financing, Redmond, US.
- OpenAI raised $20B (Growth round (reported update)). Foundation models, San Francisco, US.
- Baseten raised $2B (Series round (reported)), valued at $30B. AI inference, San Francisco, US.
- Physical Intelligence raised $1B (Series round (reported talks)), led by Lux Capital and Avenir, valued at $20B. Robotics foundation models.
- FuriosaAI raised $620M (Series D), led by National Growth Fund of Korea, valued at $2.9B. AI inference chips, Seoul, South Korea.
- Bedrock Robotics raised $600M (Series C), led by CapitalG and Emergence Capital, valued at $4.1B. Autonomous construction robotics, San Francisco, US.
- Upwind Security raised $400M (Series C), led by Bessemer Venture Partners, valued at $3.8B. AI cloud security, San Francisco, US.
- IREN Limited raised $363M (Equipment financing), led by Silver Point Capital and Wingspire Equipment Finance. AI compute infrastructure, Amarillo, TX, USA.
- Serval raised $150M (Series C), led by Sequoia Capital, valued at $3B. AI agents for enterprise support, US.
- Dulo raised $130M (Seed). AI for hardware design, San Francisco, US.
- Hex raised $100M (Series D), led by Peak XV Partners and 137 Ventures, valued at $1.2B. AI data analytics, US.
By stage
- Growth: 8
- Series A: 8
- Series B: 5
- Series C: 3
- Other: 2
- Seed: 2
- Series D: 2
- Series E: 1
Most active investors
- Nvidia: 4 rounds, 1 led
- Sequoia Capital: 2 rounds, 1 led
- Elad Gil: 2 rounds, 1 led
- Forerunner: 2 rounds, 1 led
- Andreessen Horowitz: 2 rounds, 1 led
- Lux Capital: 2 rounds, 1 led
Every round, with investors and valuations: ai.lounge.ai/deals
- Ryan Allis at The AI Lounge Desk
AI FundingDeals
Comments1
That positioning question shows up in GTM too: buyers are starting to ask AI vendors where their data and compute actually come from before they sign.
1 comment
That positioning question shows up in GTM too: buyers are starting to ask AI vendors where their data and compute actually come from before they sign.