Want to track the biggest startup funding deals of 2023 with a new, curated list of venture deals of $100 million or more to US-based companies? Check out the Crunchbase Megadeals Tracker.
This is a weekly feature highlighting the top 10 funding rounds announced that week in the US. Check out last week’s biggest funding rounds here.
The AI boom will not subside. This week, four of the top six rounds are directly related to the use of AI and new technologies. This round also shows how AI is impacting every industry, from data analytics to biotech. NvidiaIt is expanding its tentacles as an investor in technology.
1. data brick$500 million, data: Data analysis company using AI data brick In Series I, T. Rowe Price Associates. The deal valued the company at $43 billion, an increase over the $38 billion valuation San Francisco-based Databricks received after raising $1.6 billion in its Series H below. morgan stanley’s counterpoint global New round also includes chip manufacturing giants Nvidia —Recently, you have been busy investing in AI startups. The company also said it recently achieved several impressive financial milestones, including a more than 50% year-over-year increase in revenue to more than $1.5 billion in the second quarter ended July 31. Ta. Customers all over the world. Since its founding in 2013, Databricks has raised over $4 billion. per crunch base.
2. generate biomedicine$273, Biotechnology: Generate Biomedicines is this week’s top biotech startup in terms of major funding. The Somerville, Massachusetts-based startup, which develops a generative AI platform to rapidly invent new drugs, has raised $273 million in Series C funding. The company did not reveal the name of its lead investor, but did mention one of the new investors: N Ventures, Nvidia’s venture capital arm. The company was founded in 2018 and has raised nearly $700 million to date. crunch base data.
3. Leiten$200 million, manufactured by: Once again, a start-up company has emerged to help produce rechargeable batteries at the top of the list. A week ago, it was based in Westboro, Massachusetts ascend element Raised $460 million in Series D. A week ago, he was running a battery recycling startup based in Houston. sequoia wood Obtained a huge round of over $1 billion. This week, San Jose, California-based advanced materials company Leiten Inc. raised its $200 million Series B. prime movers lab. Lyten manufactures lithium-sulfur batteries as well as lightweight composite materials and next-generation IoT sensors. Lyten was founded in 2015 and has now raised more than $410 million, according to the company.
Four. Equipment sharing$150 million, construction: It was just in April that EquipmentShare topped this list with a $290 million funding round. This week, the company BDT and MSD partners. The total amount of this round is $440 million. The Columbia, Missouri-based equipment and digital solutions provider serves the construction industry, providing companies with a real-time view of their job sites and operations, as well as their equipment arsenals. EquipmentShare has more than 185 locations, including additional rental, retail and service locations. EquipmentShare was founded in 2014 and has raised nearly $2.5 billion in debt and equity, according to the company.
Five. enfabrica$125 million, Semiconductors: Investors are heavily funding AI infrastructure startups, companies that manufacture the hardware, chips, and other infrastructure needed for such modeling. This week is no different, with Enfabrica, which designs networking chips that handle AI workloads, atreides managementincluding investments from new investors. Nvidia. The Mountain View, Calif.-based startup’s chips enable the consistent flow of data needed for modern AI workloads. The company plans to use the new capital injection to expand its research and development capabilities and increase production. Other rounds of infrastructure play include: Inview Locked down a massive $200 million Series B that valued the AI lab at $1 billion. The round also included an investment from Nvidia. Generative AI chip designers followed suit the next day. D matrix Singapore-based company completes $110 million Series B Temasek.
6. Pixis$85 million, Marketing: San Francisco-based AI marketing startup Pixis has raised $85 million in Series C1. touring capital. Pixis, founded in 2020, has raised a total of $209 million.
7. Roma Therapeutics$72 million, Biotechnology: Boston-based Rome Therapeutics has raised $72 million in a Series B extension, bringing its total Series B funding to $149 million.The company did not announce a lead investor but said new strategic investors would be included. Johnson & Johnson Innovation-JJDC and bristol myers squib. By investigating the role of the dark genome, Roma is developing treatments for a variety of serious diseases, including autoimmune diseases and cancer. Founded in 2020, the company has raised $199 million and per crunch base.
8. Arialis Therapeutics$58 million, Biotechnology: Arialys Therapeutics, a La Jolla, California-based biotechnology company, has raised a $58 million seed round from several investors, including: Johnson & Johnson Innovation-JJDC. This is the company’s first external pay increase. per crunch base.
9. Actio Bioscience$55 million, Biotechnology: Actio Biosciences, a San Diego-based biotechnology company, has completed a $55 million Series A led by: canaan and droia ventures. Founded in 2021, this is the company’s first external pay increase; per crunch base.
Ten. huge building$52 million, 3D printing: Oakland, California-based 3D printing construction startup Mighty Buildings raises $52 million in co-led funding Waed Ventures and Bold Capital Partners. Founded in 2017, the company has raised approximately $154 million. per crunch base.
Large scale global transactions
Databrix’s raise this week was large, but not the largest.That honor went to a team based in France Vercorsa maker of low-carbon batteries, has raised approximately $2.1 billion in Series C funding.
methodology
We tracked the largest announced rounds in the Crunchbase database raised by US-based companies over a seven-day period from September 9th to September 15th. Most announced rounds are visible in the database, but there may be a slight lag. As some rounds will be reported later in the week.
figure: Dom Guzman
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