TLDR:
- Xcimer Energy secured the largest funding round of the week at $100 million
- The funding landscape for startups has slowed down after a surge earlier in the year
In a recent article from Crunchbase, the top 10 funding rounds of the week in the U.S. were highlighted. The standout funding round came from Xcimer Energy, an energy company that raised $100 million in a Series A round led by Hedosophia. The company is working on laser-driven inertial fusion and plans to build a prototype laser system. Pika, an artificial intelligence startup, also secured a significant round of $80 million, led by Spark Capital, with actor and singer Jared Leto as an investor.
Other notable funding rounds included Prolific Machines in biotech, Restor3d in 3D technology, Osteal Therapeutics in biotech, Twelve Labs in video technology, AcuityMD in medtech, Eko Health in healthcare, SpyCloud in cybersecurity, and Advanced Medicine Partners in biotech. The largest global deal highlighted in the article was a $552 million round raised by Chinese semiconductor company Unisoc.
The article also pointed out that overall, the funding landscape for startups has slowed down in recent weeks after a surge in large rounds earlier in the year. While sectors such as artificial intelligence and biotech continue to attract significant investments, areas like 3D technology have seen a decline in funding compared to previous years.
