TLDR:
- Entertainment and supply chain management led the week’s biggest funding rounds.
- Seven startups raised $100 million or more.
Chris Metinko’s article highlights the top 10 funding rounds of the week in the U.S. market. The week saw a total of seven startups securing rounds of $100 million or more, with a focus on sectors such as entertainment, supply chain management, loyalty rewards, biotech, agtech, mental health, cybersecurity, and insurance. The key highlights include:
- Cosm, an entertainment company, raised over $250 million to expand its immersive dome experience.
- Altana AI, a supply chain management startup, secured $200 million to enhance its AI-driven platform for global value chain management.
- Bilt Rewards received an additional $150 million to expand its loyalty rewards program for rent-paying consumers.
- Outpace Bio, a biotech company, raised $144 million for its AI-powered cell therapy to combat solid tumors.
- Agrovision and Spring Health each secured $100 million for agtech and mental health solutions, respectively.
- Jade Biosciences, AiRNA, Protect AI, and Gradient AI also received significant funding rounds in the biotech, cybersecurity, and insurance sectors.
Overall, the week showcased a diverse range of investments in innovative technologies across various industries, indicating a continued strong interest from investors in supporting disruptive startups with high growth potential.