The 10 Biggest Rounds Of February: Saronic And NinjaOne Lead Big Month
Mar 04, 2025 - news.crunchbase.com
February saw significant funding rounds in the U.S., with defense tech and cybersecurity leading the way. Saronic topped the list with a $600 million Series C for its autonomous surface vessels, followed by NinjaOne's $500 million in cybersecurity. Other notable rounds included Lambda's $480 million for AI cloud services, Eikon Therapeutics' $351 million in biotech, and Apptronik's $350 million for robotics. Together AI and Harvey also secured substantial funding in the AI sector, while Abridge raised $250 million in healthcare AI.
Additionally, QuEra Computing and XOi Technologies each raised $230 million, with Abcuro and Verkada securing $200 million each. Globally, Toronto-based StackAdapt raised the largest round outside the U.S. with $235 million. The data was sourced from Crunchbase, focusing on U.S.-based companies' funding rounds for February 2025.
Key takeaways:
February saw significant funding rounds in the U.S., with defense tech and cybersecurity leading the way.
Saronic raised the largest round at $600 million for autonomous surface vessels, valuing the company at $4 billion.
AI and robotics startups, such as Lambda and Apptronik, also secured substantial investments.
Global interest in quantum computing and enterprise software is evident with large rounds for QuEra Computing and XOi Technologies.