Top Funding Rounds Week of July 20th

Dangote

Agriculture and Farming • Energy

•Lagos

$2.5BEquity

Dangote Petroleum Refinery and Petrochemicals, Nigerian mega refinery, raised $2.5 billion in a private placement from private investors.

DayOne

Artificial Intelligence (AI) • Data and Analytics

•Central Region

$2.5BSeries C

GDS International — no fundraising information on GDS International is reported in the provided articles.

Atoms

Artificial Intelligence (AI) • Data and Analytics

•California

$1.7BEquity

Atoms, Travis Kalanick’s robotics company, raised $1.7 billion in a funding round led by Andreessen Horowitz with participation from Bain Capital, Fifth Wall and Uber.

Ant International

Financial Services

•Central Region

$1.2BSeries A

Ant International, a global digital payment and fintech provider, raised approximately $1.2 billion in a Series A equity financing with participation from existing investors including Ant Group, Alibaba Group and other international investment institutions.

Fluidstack

Artificial Intelligence (AI) • Data and Analytics

•New York

$830MSeries A

Fluidstack, an infrastructure provider for AI labs, raised an $830M Series A at a $7.5B valuation led by Situational Awareness with participation from BlackRock, Google, and Jane Street.

CuspAI

Artificial Intelligence (AI) • Data and Analytics

•Cambridgeshire

$450MSeries B

CuspAI, an AI materials discovery startup, raised $450 million in a Series B at a $2.6 billion valuation led by Kleiner Perkins and NEA with participation from Bezos Expeditions and multiple new and returning investors.

Meshy

Artificial Intelligence (AI) • Data and Analytics

•California

$400MSeries B

Meshy, an AI-powered 3D foundation models company, raised nearly $400 million in a Series B at a $1.5 billion valuation, backed by a group of leading global investors with participation from all existing investors.

Corgi

Artificial Intelligence (AI) • Data and Analytics

•California

$370MSeries B

Corgi, an insurtech combining AI and a risk-retention-group model, raised $370 million in a Series B extension at a $2.6 billion valuation with participation from TCV and Kindred Ventures.

Sila

Consumer Electronics • Energy

•California

$300MEquity

Battery materials startup Sila raised $300M in a financing led by Atreides Management and Sutter Hill Ventures, with participation from 8VC, Bessemer Venture Partners, Matrix Partners, and funds and accounts advised by T. Rowe Price Associates Inc.

Etched.ai

Artificial Intelligence (AI) • Consumer Electronics

•California

$300MEquity

Etched.ai, an AI chip startup focused on specialized chips for model inference, raised $300M in a round at a $10.3B valuation led/closed by Sequoia with participation from investors including Peter Thiel, Geoffrey Hinton, Andrej Karpathy, Fei-Fei Li, Stanley Druckenmiller, Jane Street, and Two Sigma.

Global Trust Networks

Financial Services • Professional Services

•Tokyo

$184.1MEquity

Global Trust Networks, a Japan-focused one-stop support provider for foreigners, raised approximately ¥30 billion in a funding round (first close) comprising third-party allotment, bank loans, and stock transfers with participation from Globis Capital Partners (Globis Fund VII, L.P.), Minerva Growth Partners II LP, Dual Bridge Capital (DBC2 Investment Business Limited Partnership), Nissay Capital, M3, Hiroshima Venture Capital (Hirogin Innovation Investment Business Limited Partnership) and loan facilities from Mitsubishi UFJ Bank.

Glow

Artificial Intelligence (AI) • Data and Analytics

•California

$180MSeries A

Glow, a cybersecurity startup focused on AI-native endpoint security, raised $180 million in an all-equity Series A at a $1.2 billion valuation led by Sequoia Capital, Cyberstarts, Greenoaks, and Redpoint Ventures with participation from Index Ventures, Swish Ventures, Lux Capital, Operator Collective, and Holly Ventures.

Augustus

Artificial Intelligence (AI) • Blockchain and Cryptocurrency

•California

$180MSeries B

Augustus, a digital banking startup positioning itself as an AI-era clearing bank, raised $180 million in a funding round led by Tiger Global with participation from Hummingbird, QED, and individual investors including David Velez, Karim Atiyeh, Sean Neville, and Alex Bouaziz.

Yanara

Energy • Sustainability

•Noord-Holland

$171.1MEquity

Asia-Pacific renewable energy developer Yanara secured a €150 million investment from French sustainable asset manager Mirova.

Humanoid

Artificial Intelligence (AI) • Data and Analytics

•England

$152MSeries A

Humanoid, a UK-based AI and robotics company building industrial humanoid robots, raised $152 million Series A at a $1.35 billion post-money valuation led by Prime Movers Lab with participation from Schaeffler, Bosch, Fubon Financial Holding Venture Capital, and Aglaé Ventures

Crystalys Therapeutics

Biotechnology • Health Care

•California

$130MSeries B

Crystalys Therapeutics, a clinical-stage biopharma focused on gout treatments, raised $130 million in an oversubscribed Series B led by Frazier Life Sciences with participation from Wellington Management, HBM Healthcare Investments, Soleus Capital, Cormorant Asset Management, Trails Edge Capital Partners, Pivotal bioVenture Partners, KCap Biotechnology Fund and all existing investors.

Candid Health

Artificial Intelligence (AI) • Data and Analytics

•California

$120MSeries D

Candid Health, an autonomous RCM platform, raised $120M in a Series D led by Sixth Street Growth with participation from Oak HC/FT, 8VC, and Y Combinator

Siigo

Financial Services • Payments

•Distrito Especial

$103.5MEquity

Siigo, a Colombian enterprise software fintech, raised US$103.5 million in a financing that included an US$18.5 million participation from Banco de Occidente and backing from international investors.

Neo

Artificial Intelligence (AI) • Data and Analytics

•Massachusetts

$75MSeries A

Cybersecurity startup Neo, focused on securing AI agents, raised $100 million comprising a $75M Series A led by Andreessen Horowitz and Bessemer Venture Partners with participation from Craft Ventures and Merlin Ventures following a previously undisclosed $25M Seed.

Cashea

Apps • Commerce and Shopping

•NA - Venezuela

$60MSeries B

Cashea, the company powering everyday commerce in Venezuela, raised USD 100 million across a previously undisclosed $40M Series A led by Spice Expeditions and a $60M Series B led by FinSight Ventures, with participation from Endeavor Catalyst, Plug & Play, Washington University in St. Louis, Krealo, Amador, Universidad Católica Andrés Bello, NuMundo Ventures and other U.S. endowments and global investors.