Top Funding Rounds Week of April 6th
We analyze the week's top VC deals, featuring massive raises from Slate Auto, Firmus Technologies, and SiFive as deep-tech and AI infrastructure dominate.
- 01Manufacturing • Transportation•Michigan$650MSeries C
Slate Auto, an electric vehicle startup, raised $650M in a Series C led by TWG Global (Mark Walter and Thomas Tull).
- 02Artificial Intelligence (AI) • Data and Analytics•Tasmania$505MEquity
Firmus Technologies, an Asia-based AI infrastructure company, raised $505 million in a strategic equity investment at an implied $5.5 billion post-money valuation led by Coatue with participation from Nvidia
- 03Natural Resources • Sustainability•Washington$500MEquity
Sedron, a leader in advanced upcycling systems transforming waste into water and fertilizer, received an investment commitment of up to $500 million from Ara Partners.
- 04Consumer Electronics • Hardware•California$400MSeries G
SiFive, a RISC-V processor IP company, raised $400 million in an oversubscribed Series G at a $3.65 billion valuation led by Atreides Management with participation from Apollo Global Management, NVIDIA, Point72 Turion, T. Rowe Price Investment Management, Prosperity7 Ventures, and Sutter Hill Ventures.
- 05Blockchain and Cryptocurrency • Financial Services•Midland$380MEquity
Vietnam Prosperity Crypto Asset Exchange (CAEX), a Vietnam-based crypto exchange, raised strategic capital to bring its capital base to about $380 million in a funding led by OKX Ventures and HashKey Capital alongside founding shareholders VPBank Securities and LynkiD
- 06Energy • Natural Resources•Berlin$290.5MEquity
Sunotec, a solar and storage project developer, secured around €250 million in a structured equity investment from Blackstone Tactical Opportunities.
- 07Financial Services • Internet Services•Karnataka$280MSeries E
KreditBee, a digital lending platform, raised $280 million in a Series E at a $1.5 billion post-money valuation led by Motilal Oswal Alternates, Hornbill Capital, and Dragon Funds, with participation from WhiteOak Capital, A.P. Moller Holding, Premji Invest, and Advent International.
- 08Government and Military • Information Technology•California$200MSeries C
Hermeus, a defense aviation company developing high-Mach unmanned aircraft, raised $350 million in a Series C at a $1 billion post-money valuation led by Khosla Ventures with continued support from Canaan Partners, Founders Fund, RTX Ventures, Bling Capital, In-Q-Tel and new investors including Cox Enterprises/Socium Ventures, Destiny Tech100, Georgia Tech Foundation, 137 Ventures and GSBackers, with debt provided by Silicon Valley Bank (a division of First Citizens Bank), Pinegrove Venture Partners, Hercules Capital and Trinity Capital.
- 09Science and Engineering • Transportation•Luxembourg$190MEquity
Spacety, a Chinese satellite maker, raised $190 million in multiple equity financing rounds from investors including Liangxi Sci‑Tech Innovation Phase II Fund (managed by Bohua Capital), Turing Capital, Puhua Capital, Guoxin Guozheng, and Xiangjiang State Investment.
- 10
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.
- 11Biotechnology • Health Care•California$137MSeries B
Sidewinder Therapeutics, a biopharmaceutical company developing next-generation bispecific ADCs, raised $137 million in a Series B co-led by Frazier Life Sciences and Novartis Venture Fund with participation from OrbiMed, Life Sciences at Goldman Sachs Alternatives, DCVC Bio, Samsara BioCapital, Longwood Fund, Astellas Venture Management, and Alexandria Venture Investments.
- 12Financial Services•England$133MEquity
PremFina, a finance company, secured a £100 million upsized and extended facility from Waterfall Asset Management.
- 13Artificial 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
- 14Artificial Intelligence (AI) • Data and Analytics•California$125MEquity
Aria Networks, an artificial intelligence networking startup, raised $125 million in its first funding round from Sutter Hill Ventures, Atreides Management, Valor Equity Partners, and Eclipse Ventures.
- 15Hardware • Internet Services•Catalonia$116.8MSeries C
Sateliot, a 5G satellite connectivity operator, launched a €100 million Series C primarily structured as equity (with potential for an additional debt component) open to new and existing investors and anticipating up to 50% public match funding, with historical backing from investors including Indra, Cellnex, SETT, Sepides, Hyperion, Global Portfolio Investments and Banco Santander.
- 16
Other•Madrid$105.1MEquityEYSA, a mobility and infrastructure services company, received a €90M minority investment via FOCO in a coinvestment led by COFIDES alongside majority shareholder Tikehau Capital.
- 17
Administrative Services • Other•Maharashtra$100MEquitySILA, a market-leading Indian business services platform, received a $100 million strategic investment from funds advised by Permira with Norwest India retaining a meaningful minority position.
- 18Biotechnology • Health Care•Massachusetts$100MSeries A
Stipple Bio, a Cambridge, MA-based biotechnology company focused on epitope-level precision in oncology, raised $100M in a Series A co-led by RA Capital, a16z Bio+Health and Nextech Invest with participation from Emerson Collective Investments (managed by Yosemite), GV, LoLa Capital Partners and GordonMD Global Investments.
- 19Manufacturing • Science and Engineering•Washington$100MSeries B
Starfish Space, an on-orbit satellite servicing startup, raised $110 million in a Series B led by Point72 Ventures with co-leads Activate Capital and Shield Capital and participation from Industrious Ventures, NightDragon, existing investors NFX, Munich Re Ventures, Toyota Ventures and PSL Ventures, and new investors Nomi Capital, Gaingels and Overlap Holdings.
- 20Community and Lifestyle • Financial Services•New York$100MSeries E
Chapter, an AI-native Medicare navigation platform, raised $100 million in a Series E led by Generation Investment Management with participation from Fifth Down Capital, 8VC, Stripes, XYZ Venture Capital, Addition, Narya Capital, Susa Ventures, and Maverick Ventures.
