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Today: June 29, 2024
June 29, 2024
1 min read

Top 10 Massive Funding Rounds: Sila and Formation Bio Lead


TLDR:

  • Sila Nanotechnologies raised $375M in Series G funding to build a battery materials plant.
  • Formation Bio secured $372M in Series D funding for AI-enhanced drug development.

The past week witnessed several major funding rounds for startups, with Sila Nanotechnologies and Formation Bio leading the pack. Sila raised $375 million in Series G funding to complete the construction of its battery materials plant, while Formation Bio secured $372 million in Series D funding for AI-enhanced drug development. Other notable rounds include CData Software’s $350 million in growth funding, Creatio’s $200 million for customer relationship management, Foodsmart’s $200 million for healthcare, Sidecar Health’s $165 million for health insurance, and more. These funding rounds highlight the growing investment interest in various sectors, particularly in biotech, data integration, and AI-driven solutions.


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