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The Week’s 10 Biggest Funding Rounds: Another Big Week For Biotech And AI

Crunchbase News

Biotech and AI had another strong week, as the sectors saw two big nine-figure rounds each — including one for $370 million in biotech. Candid Therapeutics , $370M, biotech: Every week there’s a big biotech raise — and this week there’s one that’s really big. Check out last week’s biggest funding rounds here.

Biotech 72
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The 10 Biggest Rounds Of September: Safe Superintelligence’s $1B Raise Reigns Supreme

Crunchbase News

AI startup Safe Superintelligence ’s $1 billion round — for a startup that’s existed for only a few months — easily led the way. However, it wasn’t just AI that got funding in September, as biotech makes up about half the list. With the new cash, 3-month-old SSI plans to add computing power and hire new talent.

Biotech 104
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The Week’s 10 Biggest Funding Rounds: Safe Superintelligence Leads With Massive $1B Raise

Crunchbase News

an AI company. Safe Superintelligence , $1B, artificial intelligence: AI research lab Safe Superintelligence raised $1 billion from a litany of big-name investors including Andreessen Horowitz and Sequoia Capital. Only three topped $100 million. However, the week did see a massive $1 billion raise for — what else? —

Biotech 114
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The Week’s 10 Biggest Funding Rounds: OpenAI On Top — By A Lot

Crunchbase News

However, it was far from the only big round this week, as seven of them topped $100 million — including $500 million for yet another AI company. OpenAI , $6.6B, artificial intelligence: OpenAI announced its long-awaited raise of $6.6 The startup builds artificial intelligence software for programmers.

Biotech 88
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3 ways to break out of AI ‘pilot purgatory’

CIO

Today we worry this phenomenon is playing out with enterprise adoption of generative AI. Generative AI (genAI) arrived on the scene with use cases such as “support chatbots” or “talk to your documentation apps” that were so obviously useful that many companies are well on their way to taking them into production.

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The Week’s Biggest Funding Rounds: Food Delivery Startup Wonder Leads Big Week

Crunchbase News

While food delivery led the way, it also was a good week for aerospace, AI, biotech and defense. Metsera , $215M, biotech: It didn’t take Metsera long to get back on this list. After a slow week last week , big rounds saw a good rebound with seven startups raising $100 million or more. billion in 2021. billion, per Crunchbase.

Biotech 93
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The 10 Biggest Rounds Of May: xAI And CoreWeave Lead Big Month For AI

Crunchbase News

Not surprisingly AI led the way — as it always seems to do — with a trio of a billion-or-more rounds. xAI , $6B, artificial intelligence: Elon Musk ’s generative AI startup, xAI , officially announced its long-awaited fundraise — making it the second-most-valuable generative AI company in the world behind only competitor OpenAI.