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The Week’s Biggest Funding Rounds: Data Storage And Lots Of Biotech

Crunchbase News

Biotech- and healthcare-related startups led the way as those companies dominate the list, taking a vast majority of spots. DDN , $300M, data storage: Data is the big-money game right now. Of course this is far from the only play the Blackstone Group has made in the data sector.

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DDN Nabs $300M From Blackstone As AI Keeps Data Storage Hot

Crunchbase News

Data is the big-money game right now. Private equity giant Blackstone Group is making a $300 million strategic investment into DDN , valuing the Chatsworth, California-based data storage company at $5 billion. Big money Of course this is far from the only play the Blackstone Group has made in the data sector.

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The 10 Biggest Rounds Of October: OpenAI’s Massive Deal Dwarfs All Others

Crunchbase News

(tied) Crusoe Energy Systems , $500M, energy: Back in 2022, the Denver-based company was helping power Bitcoin mining by harnessing natural gas that is typically burned during oil extraction and putting it toward powering the data centers needed for mining — raising a $350 million Series C equity round led by G2 Venture Partners , at $1.75

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The 10 Biggest Rounds Of January: Infinite Reality Tops Busy Month

Crunchbase News

Venture money wasnt concentrated in just one sector, as VCs invested in everything from artificial intelligence to biotech to energy. tied) Retro Biosciences , $1B, biotech: AI can do a lot startup Retro Biosciences thinks it can even help us live longer. tied) DDN , $300M, data storage: Data is the big-money game right now.

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Synthetic DNA startup Catalog partners with Seagate for its DNA-based data storage platform

TechCrunch

Data needs to be stored somewhere. However, data storage costs keep growing, and the data people keep producing and consuming can’t keep up with the available storage. According to Internet Data Center (IDC) , global data is projected to increase to 175 zettabytes in 2025, up from 33 zettabytes in 2018.

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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. A startup needed to raise $200 million or more to break into this list for the April edition. Let’s take a look.

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The Week’s 10 Biggest Funding Rounds: Celestial AI Tops List Of Large Raises

Crunchbase News

While there were no huge rounds like last week, money was again spread around from AI to biotech to marketing and more. Earlier in March, shares of Astera Labs — a developer of data center connectivity technology with use cases in generative AI — soared after its initial public offering on the Nasdaq.

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