Top Funding Rounds Week of May 18th
Explore the top VC deals with Fundable's weekly roundup of venture capital funding.
- 01Artificial Intelligence (AI) • Data and Analytics•California$30BEquity
Anthropic, the maker of the Claude family of AI models, is set to raise a funding round exceeding $30 billion at a valuation above $900 billion with Sequoia Capital, Dragoneer Investment Group, Altimeter Capital, and Greenoaks Capital Partners each expected to contribute roughly $2 billion as co-leads and participation anticipated from existing investors including Founders Fund and General Catalyst.
- 02Health Care•Georgia$1.5BEquity
MiRus, a medical technology company developing a TAVR system, received a $1.5 billion strategic investment from Boston Scientific for an approximately 34% equity stake.
- 03Artificial Intelligence (AI) • Data and Analytics•California$700MSeries A
Hark, an AI lab building models and hardware for personal assistants, raised $700M in a Series A at a $6 billion post-money valuation led by Parkway Venture Capital and including Align Ventures, AMD Ventures, ARK Invest, Brookfield, Greycroft, Intel Capital, Prime Movers Lab, Qualcomm Ventures, Salesforce Ventures, and Tamarack Global.
- 04Artificial Intelligence (AI) • Information Technology•New York$355MSeries C
Modal, an AI-native cloud compute and serverless container platform, raised $355M in a Series C at a $4.65B post-money valuation led by General Catalyst and Redpoint with participation from Menlo, Bain Capital Ventures, Accel and existing major backers.
- 05Artificial Intelligence (AI) • Data and Analytics•California$300MSeries B
Decart, an Israeli AI company, raised $300 million in a funding round at a $4 billion valuation led by Radical Ventures with participation from NVIDIA, eBay Ventures, Adobe Ventures, Toyota Ventures, Atreides Management, Valor Equity Partners, Sequoia Capital, Zeev Ventures, and Benchmark.
- 06Manufacturing • Science and Engineering•California$300MSeries B
Amca, a critical aerospace and defense components manufacturing platform, raised $300 million in a Series B at a valuation of over $1 billion led by Caffeinated Capital with major participation from Lightspeed Venture Partners and continued support from Andreessen Horowitz, Lux Capital, Construct Capital, and House Capital.
- 07Artificial Intelligence (AI) • Data and Analytics•California$250MSeries C
Exa, an AI research lab building the market-leading search engine for AI, raised $250M in a Series C at a $2.2B valuation led by Andreessen Horowitz with participation from Benchmark, Lightspeed, and Y Combinator.
- 08Artificial Intelligence (AI) • Data and Analytics•California$230MSeries B
Armada, a modular AI infrastructure company, raised $230M in an oversubscribed Series B at a $2B pre-money valuation co-led by Overmatch, BlackRock and 8090 Industries
- 09Food and Beverage•Gujarat$215MSeries A
Iscon Balaji Foods, an Indian frozen potato-products maker, raised $215 million in a Series A led by Advent International with participation from 360 ONE Asset.
- 10Financial Services • Lending and Investments•California$200MSeries D
Mercury, a technology company providing radically different banking for startups, raised $200 million Series D at a $5.2B valuation led by TCV, with participation from Andreessen Horowitz, Coatue, CRV, Sapphire Ventures, Sequoia Capital, and Spark Capital.
- 11Commerce and Shopping • Hardware•New York$170MSeries B
RADAR, an AI-powered retail intelligence platform, raised $170 million in a Series B at a $1 billion valuation co-led by Gideon Strategic Partners and Nimble Partners with participation from Align Ventures.
- 12Financial Services • Professional Services•California$150MSeries D
Farther, a technologically sophisticated wealth management company, raised $150M in a Series D led by General Atlantic with participation from CapitalG, Bessemer Venture Partners, Cota Capital and MassMutual Ventures.
- 13Artificial Intelligence (AI) • Biotechnology•New York$145MEquity
Vi, a healthcare AI company, completed a $145 million transaction (primary and secondary capital) at a $1.64 billion valuation with shareholders including General Atlantic, Revelstoke, 1902 Capital, Square Peg, Savano Capital, and Island Green.
- 14Manufacturing • Science and Engineering•Madrid$139.7MSeries D
EOS-X Space, a space-tourism company developing low-orbit balloon-propelled flights, raised €120 million ($140 million) in a Series D.
- 15Financial Services•New Hampshire$120MEquity
MidOcean Energy, a Washington, DC-based liquefied natural gas (LNG) investment company, received a $120M equity investment as part of its equity capital raise from The Arab Energy Fund.
- 16Information Technology • Science and Engineering•Ile-de-France$116MSeries B Extension
Alice & Bob, a quantum computing company, expanded its €100 million Series B with a strategic venture investment from NVentures, the private equity arm of NVIDIA Corporation.
- 17Artificial Intelligence (AI) • Data and Analytics•Noord-Holland$112MPre-Seed
Earthian, an Amsterdam-based startup building AI risk models (financial inference layer and small language models), raised a pre-seed round at a $112 million valuation structured as equity plus debt, backed by Rabobank and NVIDIA’s Inception program with angel participation from former Goldman Sachs, Moody’s, and Accenture executives.
- 18Commerce and Shopping • Hardware•Nevada$110MEquity
SendCutSend, an on-demand manufacturing company, raised $110M in a funding round at a valuation above $1 billion co-led by Paradigm and other investors including Paradigm's Matt Huang, Sequoia partner Andrew Reed, and Stripe co-founders Patrick and John Collison
- 19Consumer Electronics • Data and Analytics•California$100MEquity
Atom Computing, a neutral-atom quantum computing company, signed a Letter of Intent for $100 million from the U.S. Department of Commerce.
