Top 10 Funding Rounds: CoreWeave’s Record-Breaking $11 Billion Raise

TLDR:

• CoreWeave raises $1.1B in largest funding round of the week
• This week saw an increase in nine-figure funding rounds for U.S.-based startups

The Week’s 10 Biggest Funding Rounds: CoreWeave’s $1.1B Raise Leads Huge Week

The past week marked a significant surge in funding for U.S.-based startups, with numerous nine-figure rounds raised in various sectors. The top 10 funding rounds included:

1. CoreWeave: $1.1 billion in AI-related funding from Coatue
2. Pine Gate Renewables: $650 million for energy infrastructure
3. PsiQuantum: $620 million for quantum computing
4. Motional: $475 million for autonomous vehicles
5. Blackrock Neurotech: $200 million for neuroscience
6. BridgeBio Oncology Therapeutics: $200 million for biotech
7. Island: $175 million cybersecurity investment
8. Altruist: $169 million for fintech
9. Corelight: $150 million for cybersecurity
10. Transcarent: $126 million for healthcare

Overall, U.S.-based startups dominated the week’s funding, with India-based PharmEasy securing one of the largest rounds outside the country. The surge in big rounds indicates a trend of increasing investments in various sectors, from AI to healthcare.