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This is a weekly article highlighting the highest 10 funding rounds announced this week within the US. Check out the largest funding rounds of the past week Here.
This week has been a story in regards to the haves and the have-nots. Of course, there have been more big AI rounds (haves), but in addition some big raises in some sectors that investors have been avoiding not too way back – autonomous vehicles and industrial security (have-nots).
All in all, it was one other strong week for large rounds. There are also three recent unicorns in the highest ten.
1. Applied intuition$250 million, autonomous vehicles: Autonomous vehicle software developer Applied intuition closed a $250 million Series E values the corporate at $6 billion, a 67% increase in value in comparison with the previous round. He led the brand new round Capital Lux, Elad Gila and strategic investor Porsche Investment Management. The startup from Mountain View, California creates software for the automotive, trucking, construction, mining and other industries. The company uses generative artificial intelligence to create software that helps customers create driver assistance systems and automatic driving solutions. The good run comes despite a continued decline in enterprise funding within the autonomous vehicle sector. Last yr, autonomous vehicle startups raised just below $5 billion, the bottom total funding amount within the sector since 2017. in line with Crunchbase data. The decline occurred in consequence of various failures within the industry. Only last month Apple after ten years of labor, it unceremoniously closed its autonomous electric automobile initiative. Founded in 2017, Applied Intuition has raised over $600 million on Crunchbase.
2. Light cloudUSD 115 million, software: Engineers do numerous cool things today. To do that, they have to simulate how things will react under certain conditions. Luminary Cloud, a SaaS platform for computer engineering, got here out of hiding this week to assist them just do that. The San Mateo, California-based startup also announced a $115 million led raise Sutter Hill’s ventures. The company has customers within the aerospace and defense, automotive, industrial equipment and other industries looking to deal with challenges corresponding to increasing the range of electrical vehicles and achieving energy efficiency goals.
3. Zefir AIUSD 111 million, biotechnology: Mclean, Virginia-based startup Zephyr AI closed a $111 million Series A from investors including The rise of the revolution AND Eli Lilly & Company. Like many biotech startups raising big money today, Zephyr is bringing artificial intelligence to the sector. The company combines its healthcare dataset with artificial intelligence algorithms to realize insights into the areas of oncology and cardiometabolic diseases. Founded in 2020, the corporate has raised nearly $130 million, in line with Crunchbase data.
4. Together$106 million, artificial intelligence: Less than 4 months ago, the AI Together startup was founded made the list with a $102.5 million Series A round funding round led by Kleiner Perkins. Well, the Menlo Park, California-based startup is back with $106 million round led by Salesforce Ventures 1. The recent round doubles the corporate’s valuation to $1.25 billion. The Nvidiathe company-backed company has developed a cloud platform that allows developers to create open and custom AI models, enabling customers to customize core open source models. Founded in 2020, the corporate has raised nearly $230 million on Crunchbase.
5. Nozomi Networks$100 million, cybersecurity: The situation is looking good for industrial cybersecurity start-ups. One week later Claroty I created this list, startup Nozomi Networks closed a $100 million Series E from investors, amongst others Mitsubishi Electric AND Schneider Electric. The San Francisco-based company offers industrial security — also called operational technology (OT) security — and IoT security platforms. While the sector doesn’t threaten the impact of generative AI on investors, it once more shows that investors – especially strategic ones – are watching the industry as attacks and threats increase. New OT security platforms have long been thought to have potential, but securing legacy industrial control systems that were designed many years ago—long before cyberattacks became a reality—have proven difficult to construct. Founded in 2013, Nozomi has raised $266 million on Crunchbase.
6. Carbon capture$80 million, climate: Los Angeles-based CarbonCapture, a direct air capture company, has accomplished an $80 million Series A led by Prime Movers Lab. Founded in 2019, the corporate raised $115 million on Crunchbase.
7. Liquid death$67 million, drinks: Trendy beverage startup Liquid Death has achieved unicorn status after closing $67 million in financing at a $1.4 billion valuation. No lead investor was named, however the round included investments including: SuRo Capital, strategies and several other people from the world of entertainment and sports. Founded in 2017, the Los Angeles-based healthy beverage startup has raised nearly $268 million on Crunchbase.
8. Bear Robotics$60 million, robotics: Redwood City, California-based Bear Robotics, a robotic waiter startup, has raised $60 million LG electronics. Founded in 2017, the corporate has raised nearly $176 million, in line with Crunchbase data.
9. Children of Peace$52 million, food: Austin, Texas-based Serenity Kids, a maker of shelf-stable baby food, has accomplished a $52 million minority investment and partnership with Stride Consumer Partners. Founded in 2016, the corporate has raised nearly $64 million on Crunchbase.
10. Berachain$69 million, blockchain: Minnesota-based blockchain platform Berachain supposedly raised over $69 million in a funding round co-led by: Digital Howard’s Letter AND Framework projects which values the corporate at $1.5 billion. Founded in 2021, the corporate has raised $111 million on Crunchbase.
Great global offers
The largest round of the week on the earth was used, however the second largest round of the week got here from Europe.
- Based in Germany tubulescompany developing chemotherapy drugs, raised over $139 million in Series B funding.
Methodology
We tracked the most important announced rounds reported by U.S.-based corporations over the seven-day period from March 9 to March 15 within the Crunchbase database. Although most announced rounds are represented within the database, there could also be a slight delay in some rounds. are reported at the tip of the week.