Top Funding Rounds Week of January 12th
From QXO’s $1.8B round to Skild AI’s $1.4B Series C, see how capital is flooding into AI infrastructure and deep-tech during this high-stakes week in VC.
- 01Commerce and Shopping • Data and Analytics•Connecticut$1.8BPrivate Equity
Building-products startup QXO raised a $1.8 billion additional financing round led by Apollo Global Management and Temasek, with PGIM, Morgan Stanley Investment Management and Iconiq participating.
- 02Artificial Intelligence (AI) • Data and Analytics•Pennsylvania$1.4BSeries C
Robotics foundation-model startup Skild AI raised a $1.4 billion Series C led by SoftBank with participation from Nvidia, Macquarie Group, and 1789 Capital.
- 03Energy • Natural Resources•Texas$502MEquity
Renewa, a clean-energy land-financing provider, secured a US$502 million financing round from a consortium of institutional investors.
- 04Artificial Intelligence (AI) • Consumer Electronics•California$500MEquity
AI chip startup Etched.ai raised nearly $500 M funding led by Stripes with participation from Peter Thiel, Positive Sum, and Ribbit Capital.
- 05Artificial Intelligence (AI) • Data and Analytics•California$400MSeries D
ClickHouse, a real-time analytics and AI data platform, raised a $400 million Series D led by Dragoneer Investment Group with participation from Bessemer Venture Partners, GIC, Index Ventures, Khosla Ventures, Lightspeed Venture Partners, accounts advised by T. Rowe Price Associates, and WCM Investment Management.
- 06Artificial Intelligence (AI) • Data and Analytics•Berlin$350MSeries D
Customer-service AI startup Parloa raised a $350 million Series D led by General Catalyst with EQT Ventures, Altimeter Capital, Durable Capital, and Mosaic Ventures participating.
- 07Blockchain and Cryptocurrency • Financial Services•Florida$252MSeed
Merge Labs, a high-bandwidth non-invasive BCI startup, raised a $252 M seed round from OpenAI, Bain Capital, Gabe Newell, and others.
- 08Biotechnology • Health Care•California$250MSeries B
Mirador Therapeutics, a precision immuno-fibrotic drug developer, raised a $250 million Series B round led by T. Rowe Price Investment Management with participation from Adage Capital Partners, funds managed by Fidelity, and existing investors.
- 09Financial Services • Internet Services•Dubai$230MSeed
AI-powered Islamic digital bank Mal raised a $230 million seed round led by BlueFive Capital with participation from other strategic investors and family offices.
- 10Data and Analytics • Financial Services•Abu Dhabi$230MSeed
Islamic digital bank Mal raised a $230 million seed round led by BlueFive Capital with participation from strategic investors and family offices.
- 11Energy • Other•Zug$223.2MEquity
Grid-scale battery storage startup terralayr raised up to €192 million in a financing round led by Eurazeo’s Transition Infrastructure Fund with participation from RIVE Private Investment and existing shareholders.
- 12Manufacturing • Science and Engineering•Queensland$217MEquity
Gilmour Space Technologies, an Australian hybrid-rocket launch company, raised a $217 million equity round co-led by the National Reconstruction Fund Corporation and Hostplus, with participation from the Future Fund, HESTA, QIC, Funds SA, NGS Super, Brighter Super, Blackbird and Main Sequence.
- 13Manufacturing • Sustainability•Texas$215MSeries C
Rare-earth magnet manufacturer Noveon Magnetics raised a $215 million Series C equity round led by One Investment Management.
- 14Government and Military • Information Technology•Hawaii$200MSeries D
Military command OS startup Onebrief raised a $200 million Series D round—led by Battery Ventures and Sapphire Ventures with participation from Salesforce Ventures, General Catalyst, and Insight Partners—at a $2.15 billion valuation and simultaneously acquired Battle Road Digital.
- 15Biotechnology • Health Care•California$200MSeries A
AirNexis Therapeutics, a COPD-focused biotech, raised a $200M Series A led by Frazier Life Sciences with participation from OrbiMed, SR One, Life Sciences at Goldman Sachs Alternatives, Longitude Capital, and Enavate Sciences.
- 16Artificial Intelligence (AI) • Data and Analytics•Ile-de-France$200MSeries B
Defense-tech startup Harmattan AI raised a $200 million Series B led by Dassault Aviation.
- 17Manufacturing • Science and Engineering•California$175MSeries B
JetZero, an all-wing aircraft startup, raised an approximately $175 million Series B led by B Capital with participation from United Airlines Ventures, Northrop Grumman, 3M Ventures, and RTX Ventures.
- 18Financial Services • Lending and Investments•Tokyo$150MSeries D
Brokerage-infrastructure startup Alpaca raised a $150 million Series D led by Drive Capital and obtained a $40 million credit line.
- 19Artificial Intelligence (AI) • Data and Analytics•Tel Aviv$140MSeries D
Agentic AI security operations startup Torq raised a $140 million Series D round led by Merlin Ventures with participation from Evolution Equity Partners, Notable Capital, Bessemer Venture Partners, Insight Ventures Partners, and Greenfield Partners.
- 20Apps • Artificial Intelligence (AI)•Colorado$136MSeries B
Air-gap defense software startup Defense Unicorns raised a $136 million Series B led by Bain Capital with participation from Ansa Capital, Sapphire Ventures, Valor Equity Partners, AVP, Uncorrelated Ventures, and David H. Petraeus.
