Top Funding Rounds Week of June 8th
SpaceX leads a week of historic funding rounds as deep-tech, AI, and robotics capture the lion's share of global VC interest. See the full breakdown here.
- 01Artificial Intelligence (AI) • Data and Analytics•California$75BPost-IPO Equity
SpaceX, Elon Musk's space and technology company, raised $75 billion in a pre-IPO financing from financial institutions at $135 per share implying an approximately $1.8 trillion valuation.
- 02Artificial Intelligence (AI) • Data and Analytics•California$12BSeries B
Project Prometheus, a physical AI startup building engineering-design AI, raised a $12B Series B at a $41B valuation backed by JPMorgan, Goldman Sachs, BlackRock, DST Global, and Arch Venture Partners.
- 03Artificial Intelligence (AI) • Data and Analytics•Ile-de-France$3.5BEquity
Mistral AI, a Paris-based frontier artificial intelligence lab, is in advanced talks to raise €3 billion (~$3.5 billion) in a mega round at a €20 billion (~$23.1 billion) post-money valuation, with its prior Series C anchored by ASML
- 04Artificial Intelligence (AI) • Data and Analytics•Baden-Wurttemberg$1.4BSeries C
NEURA Robotics, a German robotics company, raised up to $1.4B in a Series C with investors including Tether, Qualcomm Technologies, Amazon, NVIDIA, imec.xpand, Bosch, Schaeffler, the European Investment Bank, Lingotto Horizon, and InterAlpen Partners.
- 05Data and Analytics • Hardware•Southern Finland$519.9MSeries F
ICEYE, a Finnish spacetech company, raised €450M in a Series F at a valuation of over €10B led by General Atlantic, with participation from Nokia, Qatar Investment Authority, TCV, Solidium, Tesi, Varma, Ilmarinen and Lifeline Ventures.
- 06Commerce and Shopping • Financial Services•Distrito Federal$500MEquity
Clip, the Mexican payments company, raised $500 million at a valuation above $2.5 billion from undisclosed investors.
- 07Consumer Electronics • Hardware•Texas$400MSeries C
NinjaOne, an IT operations platform provider, raised $400M in a Series C extension at a $12.3B valuation, with backers including Wellington Management, Teachers’ Venture Growth, BDT and MSD Partners, Sequoia Capital, ICONIQ, Hedosophia, NEA, Washington Harbour Partners, CapitalG, and Pinegrove Opportunity Partners.
- 08Blockchain and Cryptocurrency • Financial Services•New York$355MEquity
Digital Asset, the creator of Canton and provider of privacy-enabled blockchain infrastructure for regulated finance, raised $355 million in a funding round led by a16z crypto with participation from 7RIDGE, ABN Amro, the Abu Dhabi Investment Authority, Alumni Ventures, Apollo Funds, BNP Paribas, Broadridge, Citadel Securities, CME Ventures, Coinbase Ventures, Greenwulf Asset Management, Hanwha Investment & Securities, HSBC, iCapital, Liberty City Ventures, Optiver, Polychain, R136 Ventures, S&P Global, SBI Group, Smash Capital, SoFi, Tradeweb, and William Blair.
- 09Blockchain and Cryptocurrency • Financial Services•New York$355MEquity
Canton Network, an interoperability-focused blockchain for regulated institutions, raised $355 million in a funding round led by Andreessen Horowitz with participation from venture capital firms and strategic financial institutions.
- 10Artificial Intelligence (AI) • Data and Analytics•Nevada$350MSeries B
TensorWave, an all-AMD AI cloud specializing in high-performance, memory-intensive workloads, raised $350 million in a Series B at a $1.55B valuation co-led by Magnetar and AMD Ventures with participation from Maverick Silicon, Nexus Venture Partners, and Western Frontier.
- 11Manufacturing • Science and Engineering•Bayern$311.9MSeries D
Isar Aerospace, a Munich-based launch vehicle company, raised €270M in a Series D led by Island Green Capital and Molten Ventures alongside HV Capital, Lakestar, UVC Partners, and KfW Capital.
- 12Artificial Intelligence (AI) • Data and Analytics•England$300MSeries C
PhysicsX, a physics AI company, raised $300M in a Series C at approximately a $2.4B valuation led by Temasek with participation from M&G Investments, Intrepid Growth Partners, Applied Materials, Atomico, General Catalyst, July Fund, NGP, NVIDIA, Radius, and Siemens.
- 13Other • Science and Engineering•Ontario$225MSeries C
Beacon Software, an AI-native business operating system and acquirer of essential businesses, raised $225M in a Series C led by General Catalyst and HarbourVest with participation from Lightspeed, Intrepid Growth Partners, Valiant Peregrine, BDT & MSD Partners' affiliated funds, Journey LP, and Sator Grove.
- 14Artificial Intelligence (AI) • Data and Analytics•New York$200MSeries C
Standard Bots, AI-native industrial robotics manufacturer, raised $200 million Series C at a $1 billion valuation led by RoboStrategy and including existing investor General Catalyst.
- 15Hardware • Manufacturing•Fukuoka$179.9MSeries B
Triorb, a developer of a ball-driven 360° omnidirectional mobility platform, raised ¥28.8 billion in a Series B via a combination of third-party allotment and loans with participation from Sparx Asset Management (Mirai Creation Fund III), The University of Tokyo Edge Capital Partners, Mitsubishi UFJ Capital, DRONE FUND, Japan Science and Technology Agency, AIST Solutions, and Mizuho Capital (loans executed by Mizuho Bank and Mitsubishi UFJ Bank).
- 16Hardware • Manufacturing•Texas$175MEquity
Axiom Space, a commercial space station and spacesuit company, raised more than $525 million in an oversubscribed financing led by Type One Ventures and Qatar Investment Authority with participation from MUFG Bank Ltd. and existing backers.
- 17Blockchain and Cryptocurrency • Financial Services•Ile-de-France$175MEquity
Morpho Labs, an onchain lending protocol, raised $175M in a token purchase round at up to a $2.0B valuation co-led by Paradigm, a16z crypto, and Ribbit Capital
- 18Biotechnology • Health Care•California$175MSeries E
Element Biosciences, a multi-disciplinary life science company developing DNA sequencing and multi-omics technologies, raised over $175M in a Series E led by Samsung Electronics with additional undisclosed investors.
- 19Financial Services • Lending and Investments•Lombardia$138.8MEquity
Satispay, the Milan-based payments unicorn, is seeking €120 million in a pre-emptive rights offering to existing shareholders at its >€1 billion valuation, with returning investors Addition, Greyhound Capital and Lightrock backing roughly half the round.
- 20Biotechnology • Health Care•California$135MEquity
Beren Therapeutics, a biotechnology company focused on cholesterol-trafficking biology and cyclodextrin-based therapeutics, secured $300 million in combined financing including $135 million in equity and up to $165 million in non-dilutive capital led by Hercules Capital with participation from Wellington Partners, JIC Venture Growth Investments (JIC VGI), Founders Fund, Narya Capital, Eisai Co., Ltd., and other institutional investors.
