Top Funding Rounds Week of March 9th
Nebius and Nscale lead a $5B infrastructure surge as compute-intensive AI startups dominate mid-March funding rounds. See the latest deal data on Fundable.
- 01Artificial Intelligence (AI) • Data and Analytics•Noord-Holland$2BEquity
Nebius, an AI cloud infrastructure startup, secured a $2 billion strategic investment from NVIDIA.
- 02Artificial Intelligence (AI) • Data and Analytics•England$2BSeries C
AI infrastructure hyperscaler Nscale raised a $2 billion Series C round led by Aker ASA and 8090 Industries with participation from Astra Capital Management, Citadel, Dell, Jane Street, Lenovo, Linden Advisors, Nokia, NVIDIA, and Point72.
- 03Artificial Intelligence (AI) • Data and Analytics•Ile-de-France$1BSeed
Advanced Machine Intelligence (AMI), an AI research startup specializing in JEPA self-supervised learning, raised a $1.03 billion seed round led by SBVA with participation from Greycroft Partners, Cathay Innovation, Hiro Capital, HV Capital, Bezos Expeditions, Nvidia, Temasek, Shorooq Partners, Mark Cuban, Eric Schmidt, and Xavier Niel.
- 04Artificial Intelligence (AI) • Data and Analytics•Stockholms Lan$550MSeries D
AI legal platform Legora raised a $550 million Series D led by Accel with participation from Benchmark, Bessemer, General Catalyst, ICONIQ, Redpoint, YC, and new investors including Alkeon, Bain Capital, Firstmark, Menlo Ventures, Salesforce Ventures, Sands Capital, and Starwood Capital.
- 05Budapest$500MSeries E
Quince, an online manufacturer-to-consumer retailer, raised a $500 million Series E led by Iconiq with participation from Basis Set Ventures, Wellington Management, WndrCo, MarcyPen Capital Partners, Ballie Gifford, Notable Capital, and DST Global.
- 06Artificial Intelligence (AI) • Data and Analytics•California$500MSeries B
Nexthop AI, an AI networking startup, raised a $500 million Series B round led by Lightspeed Venture Partners and Andreessen Horowitz with participation from Altimeter and existing backers.
- 07Artificial Intelligence (AI) • Data and Analytics•California$450MSeries A
Rhoda AI, a robotics foundation-model startup, raised a $450 million Series A equity round from Capricorn Investment Group, Khosla Ventures, Leitmotif, Matter Venture Partners, Mayfield, Premji Invest, Prelude Ventures, Temasek, Xora, and angel investor John Doerr.
- 08Artificial Intelligence (AI) • Data and Analytics•California$400MSeries D
Replit, an AI-powered software development platform, raised $400 million in a Series D at a $9 billion valuation led by Georgian and backed by G Squared, Prysm Capital, 1789 Capital, Y Combinator, Coatue, Andreessen Horowitz, Craft Ventures, and Qatar Investment Authority.
- 09Artificial Intelligence (AI) • Media and Entertainment•Central Region$300MEquity
PixVerse, an AI video startup, raised $300 million in new funding at a valuation above $1 billion with participation from Antler, EnvisionX Capital, iGlobe Partners, Lion X Ventures, UOB Venture Management, and 3W Fund
- 10Data and Analytics • Design•New York$250MEquity
Grafana Labs, an observability and data visualization company, raised $250 million in a funding round from eleven investors.
- 11Artificial Intelligence (AI) • Data and Analytics•Massachusetts$217.1MSeries C
曦智科技, a photonics/optical-electronic hybrid compute company, raised over ¥1.5 billion in a C round with participation from China Mobile, Shanghai International Group (Shanghai Guotou), Guoxin Fund, Pudong Venture Capital, Tencent, Zhongke Chuangxing and Yijing Capital.
- 12Artificial Intelligence (AI) • Data and Analytics•California$200MSeries A
Eridu, an AI networking hardware startup, raised a $200 million Series A equity round led by Socratic Partners, John Doerr, and Matter Venture Partners with participation from Hudson River Trading, Capricorn Investment Group, SBVA, MediaTek, Bosch Ventures, TDK Ventures, Eclipse, VentureTech Alliance, and others.
- 13Artificial Intelligence (AI) • Data and Analytics•California$200MSeries A
Axiom (Axiom Math), an AI startup focused on mathematical verification, raised $200 million in a Series A at a $1.6B+ valuation led by Menlo Ventures with participation from Madrona, Greycroft, B Capital, Toyota Ventures, and Triatomic Capital.
- 14Artificial Intelligence (AI) • Data and Analytics•California$189.9MSeed
Armadin, an AI-native cybersecurity company, raised $189.9M in Seed and Series A funding led by Accel with participation from Google Ventures, Kleiner Perkins, Menlo Ventures, In-Q-Tel, 8VC, and Ballistic Ventures.
- 15Energy • Natural Resources•Nova Scotia$175MEquity
EverWind Fuels, a renewable generation and green fuels developer, secured a $175 million strategic investment from Nuveen Energy Infrastructure Credit.
- 16Hardware • Manufacturing•California$165MSeries B
Sunday, a humanoid robotics maker, raised $165 million in a Series B at a $1.15 billion valuation led by Coatue Management with participation from Tiger Global, Benchmark, and Bain Capital Ventures
- 17Artificial Intelligence (AI) • Data and Analytics•Noord-Holland$150MSeries B
AI agent startup Wonderful raised a $150 million Series B round led by Insight Partners, with Index Ventures, IVP, Bessemer Venture Partners, and Vine Ventures participating.
- 18Energy • Natural Resources•Cork$149.9MPreferred
Amarenco, a Franco-Irish energy producer, €130M preferred equity tranche subscribed by Arjun Infrastructure Partners alongside existing investor Tikehau
- 19Consumer Electronics • Hardware•California$143MSeries D
Frore Systems, a liquid-cooling systems startup for semiconductors, raised $143 million in a Series D at a $1.64 billion valuation led by MVP Ventures with participation from Fidelity, Mayfield, Addition, Qualcomm Ventures, and Alumni Ventures.
- 20Commerce and Shopping • Financial Services•NA - Uzbekistan$130MEquity
Uzum raised an over $130 million strategic investment (primary equity and structured capital) led by sovereign entities of the Sultanate of Oman with participation from VR Capital, Tencent, and FinSight Ventures.
