Top Funding Rounds Week of November 28th

Low Carbon

Energy • Financial Services

•England

$1.5BPrivate Equity

Renewable energy developer Low Carbon secured roughly £1.1 billion (~$1.4 billion) of primary equity funding from CVC DIF, with follow-on capital from MassMutual, to accelerate its pan-European IPP expansion.

Kalshi

Artificial Intelligence (AI) • Data and Analytics

•New York

$1BSeries E

Prediction-market platform Kalshi raised a $1 billion Series E led by Paradigm, with Sequoia Capital, Andreessen Horowitz, Meritech Capital Partners, IVP, ARK Invest, Anthos Capital, CapitalG and Y Combinator participating.

Brevo

Advertising • Artificial Intelligence (AI)

•Ile-de-France

$582.7MEquity

Brevo, an omnichannel CRM platform, raised a €500 million equity round from General Atlantic, Oakley Capital, Bpifrance and Bridgepoint.

Castelion

Government and Military • Information Technology

•California

$350MSeries B

Castelion, a hypersonic weapons manufacturer, raised a $350 million Series B led by Altimeter Capital and Lightspeed Venture Partners with participation from Lavrock Ventures, Andreessen Horowitz, General Catalyst, First In, Space VC, Cantos, BlueYard, Avenir, Champion Hill, and Interlagos.

Eon

Data and Analytics • Information Technology

•New York

$300MSeries D

Cloud backup-to-AI data startup Eon raised a $300 million Series D led by Elad Gil with Sequoia Capital, Lightspeed, Greenoaks, BOND, Affinity, Omri Casspi, Vine Ventures and others participating.

Black Forest Labs

Artificial Intelligence (AI) • Data and Analytics

•Baden-Wurttemberg

$300MSeries B

Visual-intelligence startup Black Forest Labs raised a $300M Series B led by AMP and Salesforce Ventures.

Meesho

Clothing and Apparel • Commerce and Shopping

•Karnataka

$270.6MEquity

Meesho raised ₹2,439 crore from anchor investors—including SBI Mutual Fund, Fidelity Funds and BlackRock—ahead of its ₹5,421 crore IPO comprising a fresh issue and an offer for sale.

Quantum Systems

Artificial Intelligence (AI) • Consumer Electronics

•Bayern

$208.3MSeries C Extension

Quantum Systems, a dual-use unmanned systems startup, raised a €180 million Series C extension led by Balderton Capital.

ICEYE

Hardware • Information Technology

•Southern Finland

$174.8MSeries E

ICEYE, a defence-focused SAR microsatellite operator, raised a €200 m Series E round (including €50 m secondary) led by General Catalyst with participation from A.P. Moller Holding, Bpifrance, Solidium, Ilmarinen, European Tech Collective, Keva, Lifeline Ventures and Tesi.

Harvey

Artificial Intelligence (AI) • Data and Analytics

•California

$160MSeries F

Legal AI startup Harvey raised a $160 million Series F round led by Andreessen Horowitz with participation from WndrCo, accounts advised by T. Rowe Price, EQT, Sequoia, Kleiner Perkins, Conviction, and Elad Gil.

Distalmotion

Hardware • Health Care

•Vaud

$150MSeries G

Medical-device firm Distalmotion SA raised a $150 million Series G round led by Revival Healthcare Capital.

Curative

Financial Services • Health Care

•Texas

$150MSeries B

Health-insurance disruptor Curative raised a $150 million Series B led by Upside Vision Fund with participation from JAM Fund, Galaxy Digital, Duquesne Family Office, DCVC, and others.

Mujin

Artificial Intelligence (AI) • Data and Analytics

•Tokyo

$134.2MSeries D

Industrial automation startup Mujin raised a ¥364 billion Series D first close—¥209 billion in equity and ¥155 billion in debt—co-led by NTT Group and Qatar Investment Authority with Mitsubishi HC Capital Realty and Salesforce Ventures participating.

Angle Health

Artificial Intelligence (AI) • Data and Analytics

•California

$134MSeries B

Angle Health, an AI-driven health benefits startup, raised a $134 million Series B round (equity and debt) led by Portage with participation from Blumberg Capital, Mighty Capital, PruVen Capital, SixThirty Ventures, TSVC, Wing VC, and Y Combinator.

Seven AI

Artificial Intelligence (AI) • Consumer Electronics

•Massachusetts

$130MSeries A

Autonomous cybersecurity startup Seven AI raised a $130 million Series A led by Index Ventures with participation from Blackstone Innovations Investments, Greylock, CRV and Spark.

Protego Biopharma

Biotechnology • Health Care

•California

$130MSeries B

Clinical-stage protein-misfolding therapeutics company Protego Biopharma raised a $130 million Series B led by Novartis Venture Fund and Forbion, with participation from Omega Funds, Droia Ventures, YK Bioventures, Digitalis Ventures, Vida Ventures, MPM BioImpact, Lightspeed Venture Partners, and Scripps Research.

Triana Biomedicines

Biotechnology • Health Care

•Massachusetts

$120MSeries B

Molecular-glue startup Triana Biomedicines raised a $120 million Series B round co-led by Ascenta Capital and Bessemer Venture Partners with participation from YK Bioventures, Regeneron Ventures, Invus, Finchley Healthcare Ventures, RA Capital Management, Atlas Venture, Lightspeed Venture Partners, Pfizer Ventures and Surveyor Capital.

QWEEN

Community and Lifestyle • Consumer Goods

•Karnataka

$110.9MEquity

Experiential jewellery retailer QWEEN raised a Rs 1,000 crore funding round from Rosy Blue and Kashikey Co Ltd.

Horizon Quantum Computing

Consumer Electronics • Hardware

•Central Region

$110MFunding Round

Horizon Quantum Computing raised a $110 million PIPE financing, led by IonQ and a Fortune 50 tech company, to support its SPAC merger with dMY Squared Technology Group.

Creditas

Financial Services • Lending and Investments

•Sao Paulo

$108MSeries G

Creditas, a Latin American fintech, secured a $108 m Series G round led by Andbank Group while simultaneously acquiring Andbank Brazil.