The biggest rounds this week went to artificial intelligence and defense technology corporations, during a generally tense period for big financials. Cursor coding automation platform and parent company Any sphere led the distance, ending with a $2.3 billion Series D. The next largest round was a $510 million financing for a defense technology company Chaos industryfollowed by financing in sectors including AI inference, e-commerce and electric vehicles.
1. Any sphere$2.3 billion, AI coding: Coding automation platform Cursor and parent company Anysphere lifted up $2.3 billion in Series D financing backed by Speed up, Develop capital, Andreessen Horowitz, (*10*)Global summer time, Coat, Nvidia AND Google. The round put the San Francisco-based company’s post-money valuation at $29.3 billion, greater than three times what it secured just six months ago.
2. Chaos industry$510 million, defense technology: Chaos Industries, a defense technology startup focused on anti-drone radars and communications systems, announced that it has secured $510 million in recent financing under its leadership Valor Equity Partners. The round values the 3-year-old Los Angeles-based company at $4.5 billion.
3. D matrix$275 million, artificial intelligence infrastructure: Santa Clara, California-based D-Matrix, a creator of generative AI inference for data centers, has closed $275 million in Series C financing. Bullhound Capital, Triatomic Capital AND Temasek led the round that values the 6-year-old company at $2 billion.
4. Gopuff250 million dollars, fast delivery: Philadelphia-based Gopuff, a fast delivery company offering groceries and other products, raised $250 million in recent financing led by Eldridge Industry AND Valor Equity Partners. Founded in 2013, Gopuff has raised $3.7 billion in known funding thus far, in response to Crunchbase data.
5. Forterra$238 million, defense technology: Clarksburg, Maryland-based Forterra, a developer of autonomous systems for the defense sector, closed on $238 million in Series C equity and debt financing. Moore’s strategic ventures managed the financing.
6. Skims$225 million, clothing: Skims, Kim Kardashian-founded a shapewear and apparel brand, raised $225 million in recent financing led by Goldman Sachs. The round puts the 6-year-old Los Angeles-based company’s valuation at $5 billion.
7. Genspark$200 million, AI tools: AI agent maker Genspark raised $200 million in funding led by SBI investment AND LG’s technology ventures. According to Crunchbase datathis round increases existing funding to $360 million for the Palo Alto, California-based company, founded in 2023.
8. Harbinger$160 million, electric vehicles: Garden Grove, Calif. Harbinger, a manufacturer of medium-duty electric and hybrid vehicles, secured $160 million in Series C round led by FedEx, Capricorn Investment Groupand manufacturer of recreational vehicles Thor Industry. Along with the investment, FedEx has placed an initial order for 53 Harbinger electric vehicles, the company says.
9. TeraDAR$150 million, sensors: TeraDAR, a developer of terahertz technology for use in sensors for the automotive, defense and other industries, has closed a Series B round of $150 million. Capital of the eleventh he directed the financing of the Boston company.
10. Alembic$145 million, AI marketing tools: Alembic, a startup offering AI-powered data analytics for marketing, raised $145 million in a fundraising round led by The capital of Pryzm AND Accenture. The round values the San Francisco-based company at $645 million.
Methodology
In the Crunchbase database, we tracked the largest announced rounds that were registered by US corporations between November 8-14. 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.