1. Deals Analysis
July 27, 2022

Technology industry artificial intelligence Venture Financing deals total $1.4bn in US in June 2022

By Carmen

Total technology industry artificial intelligence Venture Financing deals worth $1.4bn were announced in the US in June 2022, led by $225m Venture Financing of AlphaSense, according to GlobalData’s deals database.

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The value marked a decrease of 15.3% over the previous month of $1.7bn and a drop of 52.6% when compared with the last 12-month average of $3.04bn.

The US held a 37.60% share of the global technology industry artificial intelligence Venture Financing deal value that totalled $3.83bn in June 2022.

In terms of artificial intelligence Venture Financing deal activity, the US recorded 62 deals during June 2022, marking a decrease of 18.42% over the previous month and a drop of 37.37% over the 12-month average.

US technology industry artificial intelligence Venture Financing deals in June 2022: Top deals

The top five technology industry artificial intelligence Venture Financing deals accounted for 50.9% of the overall value during June 2022.

The combined value of the top five technology artificial intelligence Venture Financing deals stood at $734m, against the overall value of $1.4bn recorded for the month.

The top five technology industry artificial intelligence Venture Financing deals of June 2022 tracked by GlobalData were:

1) Goldman Sachs Asset Management and Viking Global Investors $225m venture financing deal with AlphaSense

2) The $169m venture financing of Zoovu by FTV Capital

3) 3L Capital,Assembly Ventures,Benenson Capital Partners,Dan Doctoroff,DivcoWest,Dragoneer Investment Group,Eldridge Industries,Gideon Hixon Fund,Halogen Ventures,King River Capital,Moving Capital,RXR Realty,Silver Lake Waterman,Slow Ventures,UP.Partners and Zigg Capital $167m venture financing deal with Metropolis

4) The $90m venture financing of Shield AI by Andreessen Horowitz,Breyer Capital,Homebrew,Point72 Ventures,Riot Ventures Management,Snowpoint Ventures,SVB Capital and The Disruptive Fund

5) ACCEL,Fenwick & West,H.I.G. Capital,Hollyport Capital,Industry Ventures Fund IV,Kingfisher Investment Advisors,Silver Lake Waterman Fund and Upfront Ventures $83m venture financing deal with Invoca

Verdict deals analysis methodology

This analysis considers only announced and completed artificial intelligence deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.

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