Top Funding Rounds Week of March 30th
We analyze a blockbuster week in VC featuring Saronic's $1.8B Series D, WHOOP's $10.1B valuation, and major capital infusions into global data infrastructure.
- 01Artificial Intelligence (AI) • Data and Analytics•Texas$1.8BSeries D
Saronic, an autonomous maritime systems company, raised $1.75B Series D at a $9.25B valuation led by Kleiner Perkins and including Advent International, Bessemer Venture Partners, DFJ Growth, BAM Elevate, 8VC, Caffeinated Capital, Andreessen Horowitz, Elad Gil, and Franklin Templeton
- 02Hardware • Information Technology•Haryana$1BEquity
Nxtra, Bharti Airtel's data center subsidiary, received a $1 billion investment at a $3.1 billion post-closing valuation from Alpha Wave Global, Carlyle, Anchorage Capital and Bharti Airtel.
- 03Apps • Artificial Intelligence (AI)•California$785MEquity
Playlist, the parent company of Mindbody, Booker, and ClassPass, completed a merger with fitness technology company EGYM that included $785 million in new equity investments, valuing the combined business at $7.5 billion and led by Affinity Partners with participation from Vista Equity Partners, Temasek, and L Catterton
- 04Consumer Electronics • Hardware•Massachusetts$575MSeries G
WHOOP, a human performance company, raised $575M in Series G at a $10.1 billion valuation led by Collaborative Fund with participation from 2PointZero Group, Qatar Investment Authority, Mubadala Investment Company, Abbott, Mayo Clinic, Macquarie Capital, Glade Brook, B-Flexion, IVP, Foundry, Accomplice, Affinity Partners, Promus Ventures, Bullhound Capital and a group of global athletes and individual investors including Cristiano Ronaldo, LeBron James, Rory McIlroy, Reggie Miller, Niall Horan, Karen Wazen, Virgil van Dijk, Mathieu van der Poel, and Shane Lowry.
- 05Government and Military • Manufacturing•Massachusetts$430MEquity
Vulcan Elements, a rare-earth magnet manufacturer, raised $430 million in financing (round type not specified).
- 06Artificial Intelligence (AI) • Data and Analytics•Kyonggi-do$400MEquity
Rebellions, a South Korean fabless AI chip startup, raised $400 million in a pre-IPO round at a $2.34B valuation led by Mirae Asset Financial Group and the Korea National Growth Fund
- 07Energy • Natural Resources•California$340MEquity
Valar Atomics, a nuclear energy startup, raised approximately $450 million at a $2 billion valuation backed by Palmer Luckey and Shyam Sankar.
- 08Energy • Sustainability•California$300MSeries B Extension
EnerVenue, an energy storage systems company, raised $300M in a Series B extension led by Full Vision Capital with participation from an additional new investor and strategic investors including Aramco Ventures
- 09Artificial Intelligence (AI) • Data and Analytics•Florida$250MEquity
Tenex.ai, an artificial intelligence cybersecurity startup, raised $250 million in funding at a valuation above $1 billion led by Crosspoint Capital with participation from Shield Capital and DeepWork Capital.
- 10Manufacturing • Transportation•California$200MSeries C
Also, a micromobility company spun out of Rivian, raised $200 million in a Series C led by Greenoaks Capital with participation from DoorDash, valuing the company above $1 billion.
- 11Agriculture and Farming • Science and Engineering•Tokyo$180MEquity
Pure Salmon Japan, a land-based salmon farm project, raised $180 million in additional investment led by funds managed by affiliates of Fortress Investment Group and joined by Tor Investment Management.
- 12Artificial Intelligence (AI) • Data and Analytics•England$170MSeries C
9fin, an AI-native platform for global debt markets, raised $170M in a Series C at a $1.3B valuation led by HarbourVest with participation from CPP Investments, Redalpine, Highland Europe, Spark Capital, and Seedcamp.
- 13Hardware • Information Technology•Washington$170MSeries A
Starcloud, an orbital data-centers for AI inference startup, raised $170 million Series A at a $1.1 billion valuation led by Benchmark and EQT Ventures
- 14Hessen$155.7MEquity
Reju, a textile-to-textile regeneration company, secured €135 million in NIKI funding from the Government of the Netherlands and the Ministry of Economic Affairs and Climate.
- 15
Data and Analytics • Information Technology•Delhi$148.3MEquityWingify, a Delhi-based SaaS firm, raised Rs 1,381 crore (~$150M) in a funding infusion led by Everstone Capital with participation from Vyom Mankekar and existing shareholders including Shivanand Mankekar, Laxmi Mankekar, Kedar Mankekar and others.
- 16Financial Services • Payments•Noord-Holland$132.6MSeries C
Finom, a European B2B financial technology startup, raised €115M Series C (about $133M), bringing total funding to roughly $346M, following a $105M growth round from General Catalyst.
- 17Artificial Intelligence (AI) • Information Technology•New York$130MSeries C
ScaleOps, autonomous cloud and compute management software, raised $130 million in a Series C at an $800 million valuation led by Insight Partners with participation from Lightspeed Venture Partners, NFX, Glilot Capital Partners, and Picture Capital
- 18Artificial Intelligence (AI) • Data and Analytics•Madrid$130MSeries B
Xoople, a Spanish satellite data startup, raised $130 million in a Series B led by Nazca Capital with participation from MCH Private Equity, CDTI, Buenavista Equity Partners, and Endeavor Catalyst
- 19Blockchain and Cryptocurrency • Financial Services•Brussels Hoofdstedelijk Gewest$100MSeries C
Keyrock, a Brussels-based digital-asset market maker and institutional trading platform, raised up to $100M in an open Series C at a $1.1B valuation led by SC Ventures with continued backing from Ripple and other investors.
- 20Data and Analytics • Energy•Central Region$100MSeries B
EPG, a modular and prefabricated data centre infrastructure provider, raised over $100 million in a Series B+ round led by Decarbonization Partners with participation from Alibaba Cloud and other strategic investors
