Top Funding Rounds Week of September 26th
Cerebras Systems secures $1.1B in a massive AI hardware push. See how the latest funding rounds from Nscale and Kraken are shaping the VC landscape.
Published October 3, 2025 by Jacob Klionsky
- 01Artificial Intelligence (AI) • Consumer Electronics•California$1.1BSeries G
AI hardware maker Cerebras Systems raised a $1.1 billion Series G co-led by Fidelity and Atreides Management, with Tiger Global, Valor Equity Partners and 1789 Capital participating.
- 02$500MEquity
Kraken, a cryptocurrency exchange, raised a $500 million equity funding round from investment managers, venture capitalists, and Tribe Capital.
- 03Transportation • Travel and Tourism•Florida$475MEquity
Spirit Airlines, the ultra-low-cost carrier, secured up to $475 million in bondholder financing during its Chapter 11 process.
- 04Artificial Intelligence (AI) • Data and Analytics•England$433MPre-Series C
Nscale, the UK-based AI data centre startup, raised $433M in a pre-Series C SAFE from Nvidia, Nokia, Dell, asset manager Blue Owl and other existing Series B and new investors
- 05Artificial Intelligence (AI) • Data and Analytics•California$300MSeries F
AI-cloud platform Vercel raised a $300 million Series F round co-led by Accel and GIC, with participation from BlackRock, StepStone, Khosla Ventures, Schroders, Adams Street Partners, General Catalyst, GV, Notable Capital, Salesforce Ventures, and Tiger Global.
- 06Artificial Intelligence (AI) • Data and Analytics•Kyonggi-do$250MSeries C
Rebellions, an AI inference chip maker, raised a $250 million Series C led by Arm with participation from Samsung Ventures, Pegatron VC, Korea Development Bank, Korelya Capital, and Lion X Ventures.
- 07Biotechnology • Health Care•California$205MSeries A
Crystalys Therapeutics, a gout-focused biopharma company, raised a $205 million Series A equity round co-led by Novo Holdings, SR One and Catalys Pacific, with participation from a broad investor syndicate.
- 08Blockchain and Cryptocurrency • Financial Services•New York$200MSeed
Flying Tulip, a full-stack DeFi exchange project, raised a $200 million seed round via a SAFT at a $1 billion token valuation from Brevan Howard Digital, CoinFund, DWF Labs, FalconX, Hypersphere, Lemniscap, Nascent, Republic Digital, Selini, Sigil Fund, Susquehanna Crypto, Tioga Capital and Virtuals Protocol.
- 09Financial Services • Payments•California$200MEquity
Finance-automation startup Tipalti raised $200M in growth financing from Hercules Capital.
- 10Data and Analytics • Financial Services•California$180MEquity
CyberCube, a cyber risk analytics SaaS company, raised an investment of more than $180MM from Spectrum Equity.
- 11Financial Services • Lending and Investments•Zurich$176.1MEquity
SME fintech Teylor raised a €150 million structured financing round from Fasanara Capital to scale its pan-European lending and factoring platform.
- 12Administrative Services • Commerce and Shopping•Karnataka$151.9MEquity
Flexible workspace operator WeWork India is conducting a ₹3,000 crore IPO (entirely offer-for-sale) after raising ₹1,348 crore from anchor investors including Goldman Sachs, BNP Paribas, ICICI Prudential MF and others.
- 13Artificial Intelligence (AI) • Blockchain and Cryptocurrency•Oregon$150MEquity
Datavault AI raised a $150 million strategic investment (paid in Bitcoin) from Scilex Holding Company.
- 14Administrative Services • Artificial Intelligence (AI)•Provence-Alpes-Cote d'Azur$140.8MEquity
Digital staffing platform Gojob raised a €120 million funding round led by Japanese HR group Persol.
- 15Data and Analytics • Hardware•Antwerpen$140.7MEquity
Datacenter United, a Belgian data-center operator, secured €120 million debt financing from a syndicate of lenders, with support from shareholders TINC and Cordiant Digital Infrastructure.
- 16Artificial Intelligence (AI) • Consumer Electronics•California$140MSeries D
Empower Semiconductor, which builds high-density power solutions for AI processors, raised an over-$140 M Series D led by Fidelity Management and Research Company with Maverick Silicon, CapitalG, Atreides Management, Socratic Partners, Walden Catalyst Ventures, Knollwood, and an ADIA subsidiary participating.
- 17Blockchain and Cryptocurrency • Financial Services•England$133.3MSeries C
Settlement-network developer Fnality International raised a $136 million Series C round led by WisdomTree, Bank of America, Citi, KBC Group, Temasek, and Tradeweb.
- 18Commerce and Shopping • Consumer Goods•Noord-Brabant$116.9MEquity
Swiss Sense, a Dutch bed manufacturer, raised a €100 million capital injection from undisclosed investors to drive European expansion.
- 19$113.6MEquity
Viamericas, a remittance and international money transfer provider, raised $113.6M in funding led by Old National Bank with participation from Bank of Oklahoma Financial, Axos Bank, and U.S. Bank.
- 20$110MEquity
Fluoralpha, a fluorine-materials spin-out, raised over $110M in financing from Bank of Africa.
