TLDR:
- Applied Intuition secured a $250 million Series E funding in the autonomous vehicles sector.
- Luminary Cloud raised $115 million in software, while Zephyr AI closed a $111 million Series A in biotech.
The past week saw a mix of big AI-related rounds and investments in sectors like autonomous vehicles and industrial security. Three new unicorns emerged, with Applied Intuition leading the funding rounds with $250 million. The top 10 list also included Luminary Cloud, Zephyr AI, Together, Nozomi Networks, CarbonCapture, Liquid Death, Bear Robotics, Serenity Kids, and Berachain.
Luminary Cloud raised $115 million in software, while Zephyr AI closed a $111 million Series A in biotech. The week also saw significant funding rounds for companies like Together in artificial intelligence, Nozomi Networks in cybersecurity, and CarbonCapture in the climate sector. Liquid Death reached unicorn status, with a $67 million financing, while Bear Robotics in robotics, Serenity Kids in food, and Berachain in blockchain also secured substantial investments.
The article highlighted the increasing trend of AI incorporation in various industries, like healthcare and robotics, as well as the growing interest in cybersecurity and climate-related startups. The funding rounds reflect a diverse range of sectors experiencing significant growth and investor interest.
