Five of last week's ten biggest venture rounds were AI, led by Etched at $700M
Crunchbase News·medium signal
Crunchbase's August 21 roundup for the week of Aug 15-21 puts Castelion's $800M Series C (defense) first, followed by Etched's $700M growth round led by Jane Street, Higgsfield's $400M Series B led by DST Global, Groq's $350M led by Disruptive, and Wispr Flow's $280M Series B led by Menlo Ventures. Velaura AI ($110M Series A) and Rillet ($100M Series C) round out the AI names, about $1.84B across five deals. Notable that two of the five, Etched and Groq, are inference silicon rather than applications.