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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.
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