Top Funding Rounds Week of May 4th
Anthropic's $50B raise leads a massive week in VC. We analyze trends in AI, defense, and biopharma deals from Kalshi, Isomorphic Labs, and more.
- 01Artificial Intelligence (AI) • Data and Analytics•California$50BEquity
Anthropic, an AI startup known for its Claude models, is raising $50 billion at a $900 billion valuation.
- 02Artificial Intelligence (AI) • Biotechnology•England$2BEquity
Isomorphic Labs, a Google/DeepMind‑spun AI drug discovery company, is set to raise over $2 billion in new funding led by Thrive Capital.
- 03Artificial Intelligence (AI) • Consumer Electronics•Bayern$1.2BEquity
Helsing, a German defense startup, is raising $1.2 billion in a funding round at an about $18 billion valuation led by Dragoneer Investment Group with Lightspeed Venture Partners as co-lead.
- 04Artificial Intelligence (AI) • Data and Analytics•New York$1BSeries F
Kalshi, a prediction market solutions company, raised $1 Billion in a Series F at a $22 Billion valuation led by Coatue with participation from Sequoia Capital, Andreessen Horowitz, IVP, Paradigm, Morgan Stanley, and ARK Invest
- 05Artificial Intelligence (AI) • Data and Analytics•California$950MSeries E
Sierra, an AI customer service agents startup, raised $950 million in a Series E at a $15.8 billion post-money valuation led by Tiger Global and Google's GV with participation from Benchmark, Sequoia, Greenoaks and other existing investors.
- 06Hardware • Internet Services•California$300MSeries E
Astranis, a high-orbit satellite company, raised $455M in equity and debt financing including a $300M Series E co-led by Snowpoint Ventures and Franklin Templeton with participation from Andreessen Horowitz, funds and accounts managed by affiliates of BlackRock, Baillie Gifford, Fidelity Management & Research Company, BAM Elevate, Nimble Partners, and Friends & Family Capital, plus a delayed-draw $155M credit facility from Trinity Capital
- 07Biotechnology • Health Care•Massachusetts$250MEquity
Anagram Therapeutics, a clinical-stage biopharmaceutical company, received a $250M investment from Blackstone.
- 08Biotechnology • Health Care•Cambridgeshire$220MSeries D
CellCentric, a biotechnology company, raised $220 million in an oversubscribed Series D led by Venrock Healthcare Capital Partners with participation from Fidelity Management & Research Company, Sofinnova Partners, HBM Healthcare, RA Capital Management, Forbion, Pfizer, Avego BioScience Capital, and American Cancer Society BrightEdge
- 09Software•Tel Aviv$200MEquity
Israeli defense-tech company Kela Technologies raised $200 million in a financing round at a $1.2 billion valuation led by Stripes and D1 with participation from Sequoia, Lux Capital, Bill Ackman, a TASE shareholder, and Eric Schmidt
- 10Artificial Intelligence (AI) • Data and Analytics•Massachusetts$200MEquity
Blitzy, an autonomous software development platform, raised $200 million in a growth round at a $1.4 billion valuation led by Northzone with participation from PSG, Battery Ventures, Jump Capital, Morgan Creek Digital, Defiant, Flybridge, Link Ventures, NFX, Picus Capital, Venture Guides, Liberty Mutual Strategic Ventures, Erie Strategic Ventures, and BAL Ventures.
- 11Hardware • Manufacturing•Zuid-Holland$177.8MSeries B
Quantum processor company QuantWare raised €152M in a Series B from new investors including Intel Capital, In-Q-Tel, and ETF Partners, with participation from FORWARD.one, Invest-NL Deep Tech Fund, InnovationQuarter Capital, Ground State Ventures, and Graduate Ventures.
- 12Biotechnology • Health Care•Basel-Stadt$165MEquity
Windward Bio, a clinical-stage biotechnology company, raised $165M in funding led by OrbiMed with participation from Novo Holdings, Blue Owl Healthcare Opportunities, SR One, Omega Funds, RTW Investments, Qiming Venture Partners, Quan Capital, Pivotal bioVenture Partners, RA Capital Management, Janus Henderson Investors, Sanofi Ventures, and Harbour BioMed.
- 13Consumer Electronics • Hardware•England$160MSeries C
Quantum Motion, a silicon-based quantum computing company, raised $160M in a Series C round led by DCVC and Kembara, with participation from Firgun and existing investors British Business Bank, Oxford Science Enterprises, Inkef, Bosch Ventures, Porsche Automobil Holding SE and Parkwalk Advisors.
- 14Artificial Intelligence (AI) • Data and Analytics•California$160MSeries B
Corgi, an AI-native full-stack insurance platform for startups, raised $160 million in a Series B at a $1.3 billion valuation led by TCV with participation from Oliver Jung, Leblon Capital, Kindred Ventures, Repeat VC, Zone 2 Ventures, Audeo Ventures, Quadri Ventures, First Order Fund, Vocal Ventures, Maiora Ventures, Nordstar, Seven Stars Ventures, Hexa Capital, Alpha Square Group, GSBackers, OurCrowd, Alumni Ventures, Global Growth Fund, and other strategic investors.
- 15Blockchain and Cryptocurrency • Financial Services•England$150MEquity
GSR, a crypto capital markets and liquidity firm, received a $150 million equity stake from SC Ventures (Standard Chartered’s venture arm) at a valuation above $1 billion.
- 16Energy • Sustainability•Oregon$140MSeries B
Panthalassa, a renewable energy and ocean technology company, raised $140 million in a Series B led by Peter Thiel with participation from John Doerr, TIME Ventures, SciFi Ventures, Susquehanna Sustainable Investments, Hanwha Group, Anthony Pratt, Fortescue Ventures, Future Positive, WTI, Nimble Partners, Super Micro Computer, Sozo Ventures, Dylan Field, Planetary VC, Leblon Capital, Resilience Reserve, Portland Seed Fund, the Intrepid Oregon Fund, Founders Fund, Gigascale Capital, Lowercarbon Capital, Unless, and WovenEarth.
- 17Financial Services • Professional Services•New York$125MSeries C
AI-native third-party administrator Reserv raised $125 million in a Series C led by KKR, with participation from existing investors including Bain Capital Ventures and Flourish Ventures and select strategic partners and clients
- 18Consumer Goods • Natural Resources•Steiermark$117.4MEquity
waterdrop, Vienna-founded hydration consumer goods scale-up, raised more than €100 million in a financing round led/participated by Aspeya, Atlantic Grupa and Aleksander Aamodt Kilde (with existing shareholders including Temasek, Döhler and Bitburger).
- 19Artificial Intelligence (AI) • Data and Analytics•California$107MSeries B
DeepInfra, a cloud inference platform provider, raised $107M in a Series B led by 500 Global and Georges Harik with participation from A.Capital Ventures, Crescent Cove, Felicis, NVIDIA, Peak6, Samsung Next, Supermicro and Upper90
- 20Artificial Intelligence (AI) • Data and Analytics•Sao Paulo$100MSeries B
Enter, a Brazil-based AI legal technology company, raised more than $100 million in a Series B at an approximately $1.2 billion valuation led by Founders Fund with participation from Sequoia Capital, Ribbit Capital, Kaszek, Atlantico, and ONEVC
