Top Funding Rounds Week of April 27th
We analyze this past week's major capital raises, including Eurowind Energy's $2.3B round and Osaic's $2B recapitalization, to identify current market trends.
- 01Energy • Natural Resources•Nordjylland$2.3BPrivate Equity
Eurowind Energy, a pan-European renewables developer and independent power producer, secured a definitive agreement for up to 2 billion investment from Blackstone Infrastructure with Norlys remaining an investor.
- 02Financial Services • Professional Services•Arizona$2BEquity
Osaic, a large wealth management company and independent broker-dealer, raised $2 billion in a recapitalization funding round led by Ares Secondaries funds and Lexington Partners, joined by Bain Capital and orchestrated by majority owner Reverence Capital Partners.
- 03Financial Services • Lending and Investments•England$747.3MEquity
Ebury, an international payments and FX platform, raised c.£550 million led by Centerbridge Partners with participation from existing shareholders Santander, Vitruvian Partners, and 83NORTH.
- 04Artificial Intelligence (AI) • Data and Analytics•Colorado$600MSeries D
True Anomaly, a defense technology company, raised $650M in a Series D led by Eclipse and Riot Ventures with participation from Paradigm, Atreides, G Squared, The Private Shares Fund, VanEck, Accel, Menlo Ventures, ACME Capital, Space VC, Meritech Capital, Narya, and 645 Ventures.
- 05Health Care•California$360MNon-Equity Assistance
Musely, a direct-to-consumer telemedicine platform for prescription skincare and women's health, secured $360 million in non-dilutive capital from General Catalyst’s Customer Value Fund (CVF).
- 06Blockchain and Cryptocurrency • Financial Services•England$160MEquity
Aave, a decentralized lending platform, raised about $160 million toward a $200 million target to cover bad debts from the Kelp DAO exploit, with major contributions from Mantle and AAVE DAO.
- 07Artificial Intelligence (AI) • Data and Analytics•New York$160MSeries D
Rogo, the AI platform for finance, raised $160 million in a Series D led by Kleiner Perkins with participation from Sequoia, Thrive Capital, Khosla Ventures, J.P. Morgan Growth Equity Partners, BoxGroup, Mantis VC, Jack Altman, Evantic and Positive Sum.
- 08Artificial Intelligence (AI) • Data and Analytics•Tel Aviv$150MSeries E
Aidoc, a global clinical AI leader, raised $150 million in a Series E led by Growth Equity at Goldman Sachs Alternatives with participation from General Catalyst, SoftBank Investment Advisors and NVentures (NVIDIA's venture capital arm).
- 09Information Technology • Sales and Marketing•California$150MSeries D
Hightouch, the leader in data and AI for marketing, raised $150 million in a Series D at a $2.75 billion valuation led by Growth Equity at Goldman Sachs Alternatives and Bain Capital Ventures, with participation from Iconiq Capital, Sapphire Ventures, Amplify Partners, Y Combinator, and TD7.
- 10Software•California$125MSeries B
Avoca, an AI platform for America's services economy, raised more than $125M across Seed, Series A, and Series B at a $1B valuation led by Meritech and General Catalyst with participation from Kleiner Perkins, Amplify Partners, and Y Combinator.
- 11Artificial Intelligence (AI) • Data and Analytics•Baden-Wurttemberg$110MSeries B
Sereact, a German robotics startup, raised $110M in a Series B led by Headline with participation from Bullhound Capital, Felix Capital, Daphni, Air Street Capital, Creandum, and Point Nine.
- 12Artificial Intelligence (AI) • Data and Analytics•California$110MSeries C
Netomi, an enterprise AI customer service provider, raised $110M in a Series C led by Accenture Ventures with participation from Adobe Ventures, WndrCo, SLW, NAVER Ventures, Metis Strategy, Fin Capital and individual AI investors including Greg Brockman, Demis Hassabis, and Mustafa Suleyman
- 13Artificial Intelligence (AI) • Consumer Electronics•California$110MSeries F
Skydio, a U.S. drone and autonomous flying robot infrastructure company, raised $110M in a Series F with investors not disclosed.
- 14Apps • Clothing and Apparel•Kansas$100MEquity
Sniffies, a cruising/hookup app for gay men, received a $100M investment from Match Group.
- 15Artificial Intelligence (AI) • Data and Analytics•California$100MSeries A
Scout AI, a frontier lab for defense, raised $100 million in a Series A led by Align Ventures and Draper Associates.
- 16Artificial Intelligence (AI) • Data and Analytics•California$100MSeries B
Parallel, an AI agent-tool startup, raised $100 million in a Series B at a $2 billion valuation led by Sequoia with participation from Kleiner Perkins, Index Ventures, Khosla Ventures, First Round Capital, Spark Capital, and Terrain Capital
- 17Apps • Commerce and Shopping•Madrid$82.2MEquity
Citibox, a Spanish smart residential mailbox last-mile logistics company, raised a €100 million financing round combining €70 million in equity and €30 million in debt led by Ithaka Infrastructure Partners with participation from existing shareholders led by Pedro Tortosa.
- 18Artificial Intelligence (AI) • Consumer Electronics•California$82MSeries B
Firestorm, a defense startup building containerized drone manufacturing platforms, raised $82M in a Series B led by Washington Harbour Partners with participation from NEA, Ondas, In-Q-Tel, Lockheed Martin, Booz Allen Ventures, Geodesic, Motley Fool Ventures, and others.
- 19Financial Services•Maharashtra$79.5MEquity
Axis Finance, an Axis Bank non-banking finance company, raised Rs 750 crore via a preferential allotment at a Rs 14,764 crore post-money valuation from Kedaara Capital.
- 20Artificial Intelligence (AI) • Data and Analytics•Massachusetts$77MSeries C
Iterative Health, a healthcare technology and services company powering the acceleration of clinical research, raised $77 million in a Series C led by Intrepid Growth Partners and GV with participation from EDBI, a prominent family office, Insight Partners, and Obvious Ventures.
