Top Funding Rounds Week of April 20th

Anthropic

Artificial Intelligence (AI) • Data and Analytics

•California

$10BEquity

Anthropic, an AI startup focused on large language models, secured up to $40 billion in cash and compute from Google (Alphabet), with $10 billion committed now at a $350 billion valuation and up to $30 billion more contingent on performance.

Vertical Bridge

Financial Services • Hardware

•Florida

$1.5BEquity

Vertical Bridge, the largest private U.S. owner and operator of communications infrastructure, raised a $1.5 billion strategic equity investment led by KKR, with participation from existing sponsors DigitalBridge and La Caisse.

VAST Data

Artificial Intelligence (AI) • Data and Analytics

•New York

$1BSeries F

VAST Data, an AI operating system company, raised $1.0B in a Series F at a $30B valuation co-led by Drive Capital and Access Industries, with participation from Fidelity Management & Research Company, New Enterprise Associates, and NVIDIA.

Cohere

Artificial Intelligence (AI) • Data and Analytics

•Ontario

$585.3MSeries E

Cohere, a Toronto-based enterprise AI company, received a $600 million structured financing commitment as lead investor from Schwarz Group for its upcoming Series E.

Polymarket

Artificial Intelligence (AI) • Blockchain and Cryptocurrency

•New York

$400MEquity

Polymarket, a prediction market startup, is raising $400M at a $15B valuation from Intercontinental Exchange (owner of the NYSE).

Kraken

Blockchain and Cryptocurrency • Financial Services

•Wyoming

$200MEquity

Payward, the infrastructure provider behind cryptocurrency platform Kraken, received a $200 million secondary investment from Deutsche Börse Group that gives Deutsche Börse a 1.5% fully diluted stake.

Reliable Robotics Corporation

Artificial Intelligence (AI) • Data and Analytics

•California

$160MEquity

Reliable Robotics Corporation, autonomous aircraft systems developer, $160M in new funding led by Nimble Partners with continued support from Eclipse, Lightspeed, Coatue and Pathbreaker Ventures and participation from Island Green Capital, Socium Ventures, AE Ventures, RTX Ventures, Presidio Ventures, UP.Partners, KAS Venture Partners, What If Ventures, Calm Ventures, Gaingels and Mana Ventures

Factory

Artificial Intelligence (AI) • Data and Analytics

•California

$150MSeries C

Factory, an autonomous software engineering platform, raised $150 million in a Series C at a $1.5 billion valuation led by Khosla Ventures with participation from Sequoia Capital, Blackstone, Insight Partners, Evantic Capital, 20VC, NEA, and Mantis VC

Ray Therapeutics

Biotechnology • Health Care

•California

$125MSeries B

Ray Therapeutics, a clinical-stage biopharmaceutical company pioneering optogenetic vision restoration therapies, raised $125 million in an upsized and oversubscribed Series B led by Janus Henderson Investors with participation from Adage Capital Management, Franklin Templeton, Invus, Marshall Wace and follow-on support from 4BIO Capital, Deerfield Management, MRL Ventures Fund, Norwest, Novo Holdings A/S, and Platanus

Omni

Artificial Intelligence (AI) • Data and Analytics

•California

$120MSeries C

Omni, the AI analytics platform, raised $120M in a Series C at a $1.5B valuation led by ICONIQ with participation from Theory Ventures, First Round Capital, Redpoint Ventures, and GV.

Verda (DataCrunch)

Artificial Intelligence (AI) • Data and Analytics

•Southern Finland

$117MEquity

DataCrunch (now Verda), an AI infrastructure company, raised $117 million in a funding package comprising equity led by Lifeline Ventures with participation from byFounders, Tesi, Varma, and debt financing from a group of Nordic financial institutions.

Skydio

Artificial Intelligence (AI) • Consumer Electronics

•California

$110MSeries F

Skydio, a U.S. autonomous drone maker, raised $110M in a Series F at a $4.4B post-money valuation led by existing investors.

Tortugas Neuroscience

Biotechnology • Science and Engineering

•Massachusetts

$106MSeed

Tortugas Neuroscience, a neurology-focused biotech, raised $106M across Seed and Series A financings led by Cure Ventures (Seed) and co-led in the Series A by Cure Ventures, The Column Group, and AN Venture Partners.

Sygaldry

Artificial Intelligence (AI) • Data and Analytics

•California

$105MSeries A

Sygaldry, a quantum-accelerated AI servers startup, raised $139 million across Seed and Series A rounds including a $105M Series A led by Breakthrough Energy Ventures and a $34M Seed led by Initialized Capital with participation from Y Combinator, RRE Ventures, IQT, University of Michigan, and other investors.

Onfolio Holdings

Advertising • Sales and Marketing

•Delaware

$100MEquity

Onfolio Holdings, an AI-driven acquirer of undervalued online businesses, secured a $100 million equity facility with an institutional investor

Harbinger Health

Artificial Intelligence (AI) • Biotechnology

•Massachusetts

$100MEquity

Harbinger Health, a cancer diagnostics company, raised $100M.

AcuityMD

Health Care • Information Technology

•Massachusetts

$80MSeries C

AcuityMD, the AI platform for MedTech, raised $80 million in a Series C at a $955 million valuation led by StepStone Group with participation from Benchmark, Redpoint Ventures, ICONIQ, and Atreides Management

Axis Finance

Financial Services

•Maharashtra

$79.6MEquity

Axis Finance, a retail, MSME and wholesale lender, raised Rs 750 crore via preferential issuance from Kedaara Capital.

Point2 Technology

Consumer Electronics • Hardware

•California

$76MSeries B Extension

Point2 Technology, an RF-based interconnect startup for AI data centers, raised $76 million in a Series B extension led by Maverick Silicon with participation from NVentures and UMC Capital

Cloudsmith

Content and Publishing • Information Technology

•Belfast

$72MSeries C

Cloudsmith, an artifact management platform, raised $72M in a Series C led by TCV with participation from Insight Partners and other existing investors.