TLDR:
- Grafana Labs raises $270M in an extension of Series D round
- TickPick secures $250M investment to fuel ticket marketplace growth
Chris Metinko covers the top 10 funding rounds for the week ending August 23, 2024. Despite a slow week with fewer large investments, notable deals included Grafana Labs raising $270 million in growth equity and secondary offering, led by Lightspeed Venture Partners. TickPick also secured $250 million in investment to expand its ticket marketplace sales. Other significant rounds included Pathalys Pharma raising $105 million in the biotech sector and Fortera receiving $85 million for its climate-friendly cement manufacturing technology. Story Protocol, focusing on blockchain and IP protection, raised $80 million, while Openwater, Opkey, and XII Medical also secured funding for their respective healthcare and productivity solutions. Overall, the week highlighted a mix of industries attracting investor interest, showcasing a diverse range of innovative solutions.
