Top Funding Rounds Week of July 13th
We analyze this past week's biggest raises, including the $1.5B Fireworks AI round and Neko Health's Series C, highlighting a clear surge in Physical AI deals.
- 01Artificial Intelligence (AI) • Data and Analytics•California$1.5BSeries D
Fireworks AI, the specialized intelligence platform, raised a $1.505 billion Series D at a $17.5 billion valuation led by Atreides Management, Index Ventures, and TCV, with participation from Evantic, Lightspeed Venture Partners, NVIDIA, 20VC, Bessemer Venture Partners, Insight Partners, Lone Pine Capital, Menlo Ventures, Operator Collective, Ontario Teachers' Pension Plan, Original Capital, Prysm Capital, Quantum Capital, and TIME Ventures
- 02Administrative Services • Apps•Maharashtra$801MEquity
Zepto, a quick-commerce startup, is raising an $800 million pre-IPO round at a $5.1 billion post-money valuation with anchor participation from Norges Bank Investment Management and Motilal Oswal.
- 03Energy • Messaging and Telecommunications•Texas$775MEquity
VoltaGrid, a US-based power generation company, secured $1.0B in strategic equity comprising a $775M primary raise and a $225M secondary purchase from funds managed by Blackstone Tactical Opportunities and Halliburton Company.
- 04Artificial Intelligence (AI) • Data and Analytics•Stockholms Lan$700MSeries C
Neko Health, a Stockholm-based HealthTech company, raised €612.7 million ($700 million) in a Series C led by Lightspeed Venture Partners and co-led by O.G. Venture Partners with participation from Atomico, General Catalyst, Lakestar, Liberty City Ventures, Positive Sum, and BDT & MSD, alongside numerous individual backers including Maria Sharapova, Mark Zuckerberg and Priscilla Chan.
- 05Commerce and Shopping • Food and Beverage•New York$650MSeries D
Wonder, a food technology platform, raised $650 million in a Series D at a $9 billion pre-money valuation with participation from existing investors including Accel, GV and NEA and new investors including funds managed by AllianceBernstein, ARK Invest and Kayne Anderson Rudnick Investment Management.
- 06Artificial Intelligence (AI) • Media and Entertainment•Central Region$439MSeries C Extension
PixVerse, a Singapore-based video-generation startup, raised $439 million in a Series C extension at a valuation north of $2 billion, following an initial Series C led by CDH Investments and with participation from Alibaba, Lollapalooza Capital, Ivy Capital, Grand Mount Capital, Eastern Bell Capital, Mirae Asset, BlueFocus, CloudAlpha, iGlobe Partners, and OCBC’s Lion X Ventures.
- 07Blockchain and Cryptocurrency • Financial Services•Central Region$400MEquity
Crypto.com, a cryptocurrency exchange, raised a $400 million strategic investment in its first institutional funding round at a $20 billion valuation from Citadel Securities.
- 08Blockchain and Cryptocurrency • Financial Services•Central Region$400MEquity
Bybit, a cryptocurrency exchange, raised a $400M strategic investment from Citadel Securities at a $20B valuation.
- 09Health Care•New York$400MEquity
Judi Rx, the pharmacy benefit manager rebranded from Capital Rx, raised a $400M financing round
- 10Artificial Intelligence (AI) • Biotechnology•California$400MSeries C
Chai Discovery, an AI-driven molecular design company, raised $400M in a Series C at a $3.8B valuation led by Index Ventures alongside Kleiner Perkins, Sequoia Capital and Dimension.
- 11Biotechnology • Health Care•New South Wales$315MEquity
AdvanCell, a startup developing targeted alpha therapies for prostate cancer, raised $315 million in a funding round.
- 12Artificial Intelligence (AI) • Data and Analytics•Massachusetts$300MSeed
Walden Robotics, a full-stack Physical AI company building and deploying general-purpose robots, raised $300 million in a seed round at a $1.1 billion valuation co-led by Toyota and Deviation Capital with participation from NVIDIA, Boeing, AE Ventures, Samsung Ventures, Prologis Ventures, CoreWeave Ventures, Calibrate Ventures, Colle Capital, Shine Capital, NextView Ventures, Squarepoint Capital, One Madison Group, KAS Venture Partners, Menlo Ventures, and others.
- 13Biotechnology • Consumer Electronics•Massachusetts$294.6MEquity
BrainCo, Chinese neurotechnology company focused on noninvasive brain-computer interfaces and prosthetics, raised about ¥2 billion (approximately $280 million) in a financing round co-led by IDG Capital and Walden International
- 14Commerce and Shopping • Other•Karnataka$160MEquity
Udaan, an Indian B2B ecommerce platform, raised $160 million in a financing combining fresh equity, additional debt, and convertible bond conversions with participation from Lightspeed Venture Partners and M&G Investments.
- 15Artificial Intelligence (AI) • Data and Analytics•England$150MSeries A
British robotics startup Humanoid, developing humanoid robots, raised $150M in the first tranche of a Series A at a $1.2B pre-money valuation.
- 16Blockchain and Cryptocurrency • Financial Services•Tokyo$135MSeries E
Alpaca, a U.S. Investment-as-a-Service platform, raised $135 million in a Series E led by Peak XV (formerly Sequoia India).
- 17Blockchain and Cryptocurrency • Financial Services•New York$125MSeries C
Gauntlet, a digital asset risk and optimization firm, raised $125 million in a Series C led by SBI Holdings USA.
- 18Artificial Intelligence (AI) • Consumer Electronics•Washington$125MEquity
BRINC, a public safety drone technology company, raised $125 million in a financing round led by Motorola Solutions with participation from Index Ventures and Dylan Field.
- 19Financial Services • Software•California$115MEquity
Lumin Digital, the compounding growth platform for banks and credit unions, raised $115 million in new capital including a $45 million growth equity tranche at a $1.6 billion valuation led by Light Street Capital with participation from client investors.
- 20Artificial Intelligence (AI) • Data and Analytics•Seoul-t'ukpyolsi$103.5MSeries A
Holiday Robotics, a humanoid robot startup/physical AI company, raised 155 billion won in a Series A with participation from existing investors Stonebridge Ventures, Atinum Investment, Intervest, Springcamp and new investors including IMM Investment, SL Investment, KB Investment, Bon Angels Venture Partners, Premier Partners, Almus Investment, SJ Investment Partners, Dasung Ventures, Atinum Capital Partners, Goodwater Capital, the Korea Development Bank, and the Industrial Bank of Korea
