TLDR:
- Top Funding Rounds: Cruise and AlphaSense lead the way
- Week saw big rounds in autonomous cars, AI, biotech, space tech, and cybersecurity
The article reports on the top 10 biggest funding rounds of the week. The most notable rounds include:
Cruise: $850M for autonomous cars
General Motors invested $850 million in Cruise, betting big on the autonomous driving and robotaxi market.
AlphaSense: $650M in artificial intelligence
AI-driven market intelligence platform AlphaSense raised $650 million in funding and acquired expert research startup Tegus for $930 million.
Other significant funding rounds include:
Santa Ana Bio: $125M in biotech
Immunology company Santa Ana Bio raised $125 million to develop therapies for autoimmune and inflammatory diseases.
Alzheon: $100M in biotech
Alzheon raised $100 million to develop medicines for Alzheimer’s disease and other neurodegenerative disorders.
Apex: $95M in space tech
Spacecraft manufacturing company Apex secured $95 million to ramp up satellite production for customers like the U.S. Department of Defense.
Cyberhaven: $88M in cybersecurity
San Jose-based Cyberhaven raised $88 million for its data detection and response platform.
InduPro: $85M in biotech
Seattle-based InduPro raised $85 million for therapeutics in cancer and autoimmune diseases.
Enveda Biosciences: $55M in biotech
Boulder-based Enveda Biosciences secured $55 million for developing medicines from plants using AI.
Canary Technologies: $50M in hospitality
San Francisco-based Canary Technologies received $50 million for its hotel management platform.
Posh AI: $45M in artificial intelligence
Boston-based Posh AI raised $45 million for its conversational AI platform for the banking industry.
In addition, the article highlights a large AI round in Europe and discusses the methodology used to track the largest funding rounds in the U.S. for the specified period.
