40 funding rounds were announced in AI and adjacent startups between Aug 11 to Aug 17, totalling $10B in disclosed capital. Here is what actually moved, which funds led it, and what each company does.
The week in one chart
Where the money went: Cloud Computing (3 rounds, $6.1B), Machine Learning (2 rounds, $6.1B), Data Analytics (2 rounds, $5.0B), Digital Marketing (1 round, $2.0B), E-commerce (1 round, $2.0B).
The largest rounds
| Company | Stage | Raised | Sector | Country |
|---|---|---|---|---|
| Databricks | Strategic | $5.0B | Data Analytics | United States |
| Thrive Holdings | Other | $2.0B | Digital Marketing | United States |
| River AI | Seed | $1.1B | Artificial Intelligence | United States |
| Lovable | Series C | $400M | AI App Builder | n/a |
| Groq | Series A | $350M | n/a | n/a |
| Gravis Robotics | Series A | $200M | Robotics | Israel |
| Pyra | Other | $200M | Defence Tech | United Kingdom |
| CodeRabbit . | Series C | $143M | AI Coding Assistant | United States |
| Moment | Series C | $78M | Fintech | United States |
| InduPro, Inc. | Series B | $77M | Biotechnology | United States |
| Infinimmune | Series A | $75M | Biotechnology | United States |
| Heaviside Industries | Series B | $60M | Advanced Manufacturing | USA |
Company by company
Databricks, $5.0B, Strategic. A unified data analytics and AI platform built on the lakehouse architecture. Led by Coatue and Blackstone. Our profile scores it 82 out of 100.
Thrive Holdings, $2.0B, Other. A holding company focused on acquiring and growing businesses in the digital marketing and e-commerce sectors. Our profile scores it 33 out of 100.
River AI, $1.1B, Seed. Personalized AI startup that helps enterprises customize open-source artificial intelligence models. Led by General Catalyst and AMP PBC. Our profile scores it 57 out of 100.
Lovable, $400M, Series C. Lovable is an AI-powered platform that allows users to build full-stack applications and websites from natural language prompts, democratizing software creation. Led by Menlo Ventures and Scaleup Europe Fund. Our profile scores it 66 out of 100.
Groq, $350M, Series A. Developer of legacy systems designed to address the industry's demands while accelerating developer velocity altogether; the company's systems are det Led by Disruptive AI. Our profile scores it 53 out of 100.
Gravis Robotics, $200M, Series A. Develops advanced robotics and AI for autonomous operations in complex environments. Led by Softbank. Our profile scores it 51 out of 100.
Pyra, $200M, Other. London-based defense tech startup focused on integrating diverse defense systems into a unified platform. Our profile scores it 50 out of 100.
CodeRabbit ., $143M, Series C. CodeRabbit provides AI-powered code review and agentic change management to help developers understand, prioritize, and secure agent outputs. Led by Atomico and Smash Capital. Our profile scores it 63 out of 100.
Who wrote the cheques
The most active funds this week, counting leads double: Index Ventures (led 2), Softbank (led 1), Menlo Ventures (led 1), Coatue (led 1), Blackstone (led 1), MGX (led 1).
Method
Every round here was announced between Aug 11 to Aug 17 and is linked to a company profile we maintain, so the sector and country columns come from the profile rather than the press release. 37 of 40 rounds disclosed a size; undisclosed rounds are counted but contribute nothing to the totals. Rounds whose cited source no longer resolves are excluded, as are 1 duplicate filing of a round already counted.