Sign up to save tools and stay up to date with the latest in AI
bg
bg
1

The 10 Biggest Rounds Of February: Epic Games Leads The List Thanks To House Of Mouse Investment

Mar 05, 2024 - news.crunchbase.com
The article lists the top 10 funding rounds in the U.S. for February, led by Epic Games with $1.5 billion. Other companies in the top five include Radiology Partners ($720 million), Figure ($675 million), Lambda ($320 million), and Freenome ($254 million). The sectors represented include gaming, healthcare, artificial intelligence, biotech, and music. The article also mentions significant funding rounds for energy companies Koloma and Fervo Energy, security firm NinjaOne, and another AI company, Glean.

In addition to the U.S. deals, the article also highlights a significant funding round abroad, with China's artificial intelligence startup Moonshot AI raising over $1 billion in a round led by Alibaba Group and HongShan. The data for the list was sourced from the Crunchbase database, which tracks the largest funding rounds raised by U.S.-based companies each month.

Key takeaways:

  • The biggest venture funding deal in the U.S. in February was Epic Games, which raised $1.5 billion through a new partnership with Disney.
  • Other significant funding rounds included Radiology Partners with $720 million, Figure with $675 million, and Lambda with $320 million, all in different sectors such as healthcare, artificial intelligence, and cloud computing respectively.
  • Despite predictions of a slowdown in AI investing, AI startups like Figure, Lambda, and Glean raised significant funding, indicating continued investor interest in the sector.
  • Internationally, China's artificial intelligence startup Moonshot AI raised more than $1 billion in a funding round led by Alibaba Group and HongShan.
View Full Article

Comments (0)

Be the first to comment!