This week, the largest funding rounds in the U.S. once again included an artificial intelligence cohort and significant financing related to financial and energy technologies. By far the largest deal was a $1 billion financing World laboratoriescreator of artificial intelligence models that interact with the 3D world, followed by a $385 million round for the savings platform Vestwell.
1. World laboratories$1 billion, spatial artificial intelligence: San Francisco-based World Labs, a startup founded by an AI pioneer Fei-Fei Li which develops fundamental models for generating and interacting with 3D worlds, has raised $1 billion in recent funding. Investors in the round include: AMD, Autodesk, Emerson Collective, Faithfulness, Nvidia AND Sea.
2. Vestwell$385 million, fintech: Vestwell, an online provider of multiple kinds of savings accounts and tools, raised $385 million in Series E financing at an estimated valuation of $2 billion. The capital of the Blue Owl AND The development of Sixth Street led the financing of the 10-year-old New York-based company.
3. Temporary technologiesUSD 300 million, workflow management and fault tolerance: Bellevue, Wash.-based Temporal Technologies, a provider of tools that enable developers to create more reliable and fault-tolerant workflows, has finalized $300 million in Series D financing. The power of the HeronUSD 140 million, energy technology: Heron Power, a developer of kit designed to transmit renewable electricity to grids and data centers, raised $140 million in a funding round backed by Groundbreaking energy projects. Based in Scotts Valley, California, the company is founded by an ex Tesla senior vp Drew Baglino.
5. Metal code$125 million, AI coding: Code Metal, a provider of verifiable code translation tools, raised $125 million in Series B funding led by: Salesforce Ventures 1. The round comes just three months after the Boston startup secured its Series A participation.
6. (certain) To give back$100 million, cloud for developers: Render, a cloud services provider for application development teams, has secured $100 million in Series C financing. Georgian led the financing for the San Francisco-based company, which says it now has greater than 4.5 million developers on its platform.
6. (certain) Global tool$100 million, clean energy: Houston-based Utility Global, a developer of technology to provide hydrogen and capture carbon from industrial gases, has raised $100 million in Series D financing. Ara Partners AND APG Asset Management he managed the financing of the 8-year-old company.
6. (certain) ZaiNar$100 million, location tracking: ZaiNar, the creator of wireless networking technology for detecting the location of things without satellites, cameras and high computing power, has come out of hiding and revealed that it has so far raised over $100 million in investment and a valuation of over $1 billion. Supporters of the Belmont, California-based company include: Steve Jurvetson, Jerry Yang, Tomek Gruber AND Jan Tallinn.
9. Jump$80 million, fintech: Salt Lake City-based Jump, an AI agent developer for financial advisors and financial services providers, raised $80 million in a Series B round led by Insight partners.
10. Braintrust$80 million, artificial intelligence observability: San Francisco-based Braintrust, a developer of artificial intelligence remark software for development teams, raised $80 million in a Series B round led by The capital of Iconiq.
Methodology
In the Crunchbase database, we tracked the largest announced rounds that were registered by US firms between February 14-20. While most announced rounds are represented in the database, there could also be a slight delay as some rounds are reported late in the week.