Top Funding Rounds Week of July 6th

Blue Origin

Energy • Government and Military

•Washington

$10BEquity

Blue Origin, the Jeff Bezos-founded rocket company, raised $10 billion in its first external funding round at a $130 billion valuation led by Coatue Management with a $2 billion contribution from Jeff Bezos.

SambaNova Systems

Artificial Intelligence (AI) • Data and Analytics

•California

$1BSeries F

SambaNova Systems, a next-generation AI infrastructure company, completed a $1 billion first close of a Series F at an $11 billion post-money valuation led by General Atlantic with significant investment from Seligman Ventures, T. Rowe Price Associates, and Capital Group.

Keyfactor

Information Technology • Privacy and Security

•Ohio

$1BEquity

Keyfactor, trust infrastructure for AI and machines, raised a $1B+ strategic growth investment led by Summit Partners with existing investors Insight Partners and Sixth Street Growth maintaining significant ownership.

Firmus Technologies

Artificial Intelligence (AI) • Data and Analytics

•Tasmania

$500MPreferred

Firmus Technologies, a neocloud, raised US$2.0 billion in an equity raising via preference shares (set to convert at IPO) at a pre-IPO equity value of US$15.5 billion, with Nvidia committing about US$500 million.

Proxima Fusion

Energy • Science and Engineering

•Bayern

$469.8MEquity

Proxima Fusion, a European stellarator fusion company, raised €411 million in a financing round at a €2.4B valuation led by XTX Ventures and East X Ventures with participation from RWE, Google, KfW Capital, SPRIND, Burda Principal Investments and returning investors including Plural, UVC Partners, Balderton, Cherry Ventures, DST Global Partners, Brevan Howard Macro Venture, Lightspeed, DTCF, redalpine, Leitmotif, Elaia, CDP Venture Capital, Bayern Kapital, and the EIC Fund.

Oratomic

Artificial Intelligence (AI) • Data and Analytics

•California

$300MSeries A

Oratomic, quantum computing startup, raised a $300 million Series A co-led by ARCH Venture Partners, Spark Capital and Khosla Ventures, with participation from Bezos Expeditions, Index Ventures, General Catalyst, Lowercarbon Capital, Bain Capital, Formation, Nebular, David and Scott Aaronson, Les Kohn, Baiju Bhatt, Infleqtion, Genius Ventures, 7i Capital and Global Frontier Investments.

Skello

Administrative Services • Consumer Electronics

•Ile-de-France

$228.5MEquity

Skello, a French HR management platform, raised €200M in a mixed equity and debt financing led by Bridgepoint Development Capital with participation from Partech and XAnge.

Planck Network

Artificial Intelligence (AI) • Blockchain and Cryptocurrency

•Noord-Holland

$228.3MSeries B

Planck Network, a decentralised GPU computing and AI infrastructure startup, raised €200 million in a Series B with lead investors undisclosed.

EnergyX

Energy • Science and Engineering

•Florida

$225MEquity

EnergyX, an energy technology company focused on advanced lithium production and critical mineral supply chain infrastructure, received a $225 million strategic equity investment from Eni for a minority stake in Project Black Giant™.

Kraken Technology

Government and Military • Manufacturing

•England

$175MSeries B

Kraken Technology, a British maker of uncrewed vessels, raised $175 million in a Series B at a valuation above $1 billion led by Digital Transformation Capital Partners with participation from the British Business Bank, NATO Innovation Fund, and Rheinmetall.

Sequotech

Information Technology • Professional Services

•Jura

$161.4MEquity

Sequotech, a jurassische IT-Unternehmensgruppe, raised over CHF 130 million via a Continuation Vehicle (Fortführungsfonds) created by Verium with institutional participation from Sagard Private Equity Solutions

Even Realities

Artificial Intelligence (AI) • Commerce and Shopping

•Berlin

$150MPre-Series B

Even Realities, a smart glasses maker, raised $150 million in a pre-Series B round at a $1 billion valuation led by Meituan and Tencent.

Quaise

Data and Analytics • Design

•Texas

$134MSeries B

Quaise Energy, a developer of utility-scale superhot geothermal energy, raised $134 million in an initial close of its Series B led by Prelude Ventures with participation from JERA Co., Inc., Idemitsu Kosan, and existing investors including Safar Partners.

Prime Intellect

Artificial Intelligence (AI) • Data and Analytics

•California

$130MSeries A

Prime Intellect, a startup providing compute and specialized software tools for building AI agents, raised $130M Series A at a $1B valuation led by Radical Ventures with participation from Nvidia Ventures, Intel Capital, Dell Technologies Capital, Iconiq, and angel investors including Aravind Srinivas, Aaron Levie, Winston Weinberg, Jeff Wang, and Brendan Foody.

Oxylabs

Data and Analytics • Information Technology

•Vilniaus Apskritis

$130MEquity

Oxylabs, a web data scraping infrastructure and web intelligence platform, raised $130 million in its first outside funding round at a $3.6 billion valuation from Warburg Pincus (Capital Solutions Founders Fund).

Gauntlet

Blockchain and Cryptocurrency • Financial Services

•New York

$125MSeries C

Gauntlet, a digital asset risk and optimization platform, raised $125M in a Series C led by SBI Holdings

K-12 Techno Services

Administrative Services • Education

•Andhra Pradesh

$121.3MEquity

K12 Techno Services, a diversified education platform, raised ₹1,159 crore in a mix of primary and secondary transactions at a post-money valuation of about ₹7,100-7,250 crore led by Vitruvian Partners.

Norm AI

Artificial Intelligence (AI) • Data and Analytics

•New York

$120MSeries C

Norm Ai, a legal AI startup focused on agentic law, raised $120 million in a Series C at a $1.2 billion valuation led by Khosla Ventures with participation from Blackstone, Bain Capital Ventures, Craft Ventures, Coatue, Vanguard, New York Life, TIAA, Tony James, Jeff Hammes, and Fenwick LLP.

Lyzr AI

Administrative Services • Apps

•New Jersey

$100MSeries B

Lyzr AI, an enterprise AI agent startup, raised $100 million Series B at a roughly $500 million valuation.

Gradium

Artificial Intelligence (AI) • Data and Analytics

•Ile-de-France

$100MSeed

Gradium, a Paris-based AI voice startup, raised $100M in a seed round reopened to new investors and backed by Nvidia alongside original backers FirstMark Capital, Eurazeo, DST Global Partners, Eric Schmidt, and Xavier Niel