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The Week’s Biggest Funding Rounds: xAI And Anthropic Headline Big Week For AI (Again)

Crunchbase News

Just as the holiday season begins, a sleighful of companies unveiled large funding rounds. xAI , $5B, artificial intelligence: Generative AI startup xAI raised $5 billion in a funding round valuing it at $50 billion, The Wall Street Journal reported. The $6 billion round valued the company at $24 billion post money.

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The Week’s 10 Biggest Funding Rounds: Another Big Week For Biotech As Tome Raises $213M

Crunchbase News

The week was especially good for biotech, which led the way with two big raises. Tome Biosciences , $213M, biotech: A big biotech raise hit high on the list this week. Bicara Therapeutics , $165M, biotech: If Bicara Therapeutics looks familiar, it’s because this isn’t its first time on this list.

Biotech 119
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The Week’s 10 Biggest Funding Rounds: Sila And Formation Bio Headline Huge Week Of Large-Money Deals

Crunchbase News

Formation Bio , $372M, biotech: Every week there is a big biotech raise and this week’s is really big. More and more biotech startups are using AI to help with their drug processes and investors are clearly taking note. EvolutionaryScale , $142M, biotech: It was a big week for biotech. billion, per Crunchbase.

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The Week’s 10 Biggest Funding Rounds: Xaira And Other AI Startups Have Huge Week

Crunchbase News

This week’s theme was definitely AI, as many of the largest rounds went to startups using AI in coding or biotech. Xaira Therapeutics , $1B, biotech: The biggest round this week was really big. Xaira is the latest — although likely best-funded — startup to try to use AI models to find new drugs. billion in March 2023.

Biotech 115
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Forecast: 13 Companies That Could Go Public In 2025 If The IPO Market Gains Steam

Crunchbase News

Gen Teare Health and biotech Hinge Health : This is another IPO prediction where were not exactly going out on a limb (pun intended in this case). The San Francisco-based company offers virtual physical therapy services and was last valued at $6.2 billion in a $600 million Series E in 2021 led by Tiger Global and Coatue.

Marketing 127
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The Week’s 10 Biggest Funding Rounds: X-energy And Lightmatter Lead The Way

Crunchbase News

Terray Therapeutics , $120M, biotech: Los Angeles-based Terray Therapeutics, a biotech startup developing small molecule drug therapeutics, raised a $120 million Series B led by new investor Bedford Ridge Capital and existing investor NVentures. Founded in 2021, the company has raised nearly $318 million, per Crunchbase.

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The 10 Biggest Rounds Of June: Cruise And AlphaSense Nab Top Spots For Month

Crunchbase News

AlphaSense , $650M, artificial intelligence: AI-driven market intelligence platform AlphaSense raised $650 million in funding co-led by Viking Global Investors and BDT & MSD Partners at a $4 billion valuation — a 75% increase from just nine months ago. Founded in 2011, the company has raised $1.4 billion, per Crunchbase.