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Today: November 8, 2024
August 2, 2024
1 min read

Top 10 Funding Rounds: Entertainment and Supply Chain Dominate


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:

  1. Cosm, an entertainment company, raised over $250 million to expand its immersive dome experience.
  2. Altana AI, a supply chain management startup, secured $200 million to enhance its AI-driven platform for global value chain management.
  3. Bilt Rewards received an additional $150 million to expand its loyalty rewards program for rent-paying consumers.
  4. Outpace Bio, a biotech company, raised $144 million for its AI-powered cell therapy to combat solid tumors.
  5. Agrovision and Spring Health each secured $100 million for agtech and mental health solutions, respectively.
  6. 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.


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