The Week’s 10 Biggest Funding Rounds: Almost All About AI

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This is a weekly feature that runs down the week’s Top 10 announced funding rounds in the U.S. Check out last week’s biggest funding deal roundup here. This week’s list of the largest U.S. startup funding rounds was pretty much all about AI. That includes the biggest financing — a $1 billion round for Instinct, a developer of AI assistants for everyday tasks — as well as most of the rest of the Top 10. Other large fundraisers include EliseAI, which is deploying AI for the home rental sector, and Armadin, an AI cybersecurity startup. 1. Instinct, $1B, AI assistants: San Francisco-based Instinct, a startup building a personal AI assistant for everyday tasks, secured $1 billion in a Series C round. Sequoia Capital, Benchmark and Coatue backed the financing, which set a $10 billion valuation for the year-old company. 2. EliseAI, $350M, AI for housing: EliseAI, a startup deploying AI for the home rental industry, completed a $350 million funding round at a $4 billion valuation. Andreessen Horowitz and Bessemer Venture Partners led the financing for the New York-based company, which is also expanding into healthcare. 3. Armadin, $255.5M, cybersecurity: Palo Alto, California-based Armadin, an AI-native cybersecurity company focused on autonomous security, raised $255.5 million in Series B funding. Andreessen Horowitz and Accel led the round, which set a valuation of more than $2.5 billion for the year-old startup.