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The 10 Biggest Rounds Of January: Generate Capital, Recurrent Energy Top First Month Of Year

Feb 07, 2024 - news.crunchbase.com
The article lists the top 10 funding rounds for U.S. companies in January. Generate Capital, a green infrastructure investor, topped the list with a $1.5 billion round, followed by Recurrent Energy, which secured a $500 million investment from BlackRock. Other companies on the list include Quantinuum, a quantum computing company that raised $300 million, logistics giant Flexport, which raised $260 million from Shopify, and Bilt Rewards, a loyalty rewards startup that raised $200 million.

The article also mentions some significant global deals, such as the $381 million venture round raised by Netherlands-based Picnic. The data was sourced from the Crunchbase database, which tracks funding rounds for U.S.-based companies. The list includes companies from various sectors, including renewable energy, logistics, quantum computing, loyalty rewards, artificial intelligence, transportation, biotech, and agtech.

Key takeaways:

  • Thirteen companies in the U.S. secured funding rounds of $100 million or more in January, with Generate Capital topping the list with a $1.5 billion round for its renewable energy projects.
  • Recurrent Energy secured a $500 million investment from BlackRock, and Quantinuum raised $300 million for its quantum computing work.
  • Logistics company Flexport raised $260 million from Shopify, while Bilt Rewards secured $200 million to expand its loyalty rewards network.
  • Other significant funding rounds included Kore.ai's $150 million for its AI platform, Zum's $140 million for its AI-powered school bus management system, and Cour Pharmaceuticals' $105 million for its biotech research.
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