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The 10 Biggest Rounds Of April: Xaira And Pine Gate Lead Huge Month Of Megadeals

Crunchbase News

April also saw a half-dozen rounds of a quarter-billion dollars or more, including a $1 billion round for an AI-enhanced biotech. Xaira Therapeutics , $1B, biotech: The biggest round in April was really big. The company develops power-optimized chips targeting the data analytics and generative AI markets.

Biotech 117
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The Week’s 10 Biggest Funding Rounds: Grafana Labs Raises $270M To Lead Slow Week

Crunchbase News

Investors certainly put their money everywhere, from biotech to productivity tools, but they didn’t shell out a lot. Pathalys Pharma , $105M, biotech: Raleigh, North Carolina-based Pathalys Pharma isn’t new to this list — it topped it early last year. Another slow week with only three companies raising rounds of more than $100 million.

Biotech 85
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The Week’s 10 Biggest Funding Rounds: Scale AI’s Massive $1B Deal Leads Slower Week

Crunchbase News

Nevertheless, the week saw a $1 billion round go to yet another AI startup, and biotech and blockchain also saw some big deals. Scale AI , $1B, artificial intelligence: This week was like many — one topped with a big AI round. Farcaster , $150M, blockchain: Is Web3 funding back?

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The Week’s 10 Biggest Funding Rounds: xAI Laps Field In Another Slow Week

Crunchbase News

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. among others. among others. The xAI round had been rumored for months. just earlier this year.

Biotech 105
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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.

Energy 91
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Crypto Dominates And The First Unicorn From Uzbekistan Joins The Board In March 2024

Crunchbase News

Web3 Berachain , an Ethereum-compatible blockchain for financial applications, raised $69 million by selling digital tokens led by BH Digital and Framework Ventures. The bear-themed blockchain company based in the Cayman Islands was valued at $1.5 AI Open-source generative AI company Together AI provides infrastructure to train models.

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The Week’s 10 Biggest Funding Rounds: Applied Intuition And Luminary Cloud Rise Above

Crunchbase News

The company leverages generative AI in developing software to help customers create driver-assistance systems and automated driving solutions. Zephyr AI , $111M, biotech: Mclean, Virginia-based healthcare startup Zephyr AI closed a $111 million Series A from investors that included Revolution Growth and Eli Lilly & Company.

Biotech 101