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The 10 Biggest Rounds Of November: xAI And Anthropic Raise Billions Again

Dec 05, 2024 - news.crunchbase.com
The article details the top 10 funding rounds in the U.S. for November 2024, with AI companies xAI and Anthropic leading the pack with a combined $9 billion. xAI raised $5 billion, more than doubling its valuation from a $6 billion round in May, while Anthropic received a $4 billion investment from Amazon, bringing Amazon's total investment in the company to $8 billion. Other sectors such as IT management, robotics, and digital marketing also saw significant funding rounds.

The list also includes Tricentis, a software testing startup that received a $1.3 billion investment, LogicMonitor, an IT observability and monitoring company that raised $800 million, and Insider, a marketing tech platform that raised $500 million. Physical Intelligence, a robotics startup, raised $400 million, while cybersecurity startup Cyera closed a $300 million round. Food delivery startup Wonder raised $250 million, biotech company Metsera raised $215 million, and AI platform Writer secured a $200 million round.

Key takeaways:

  • Artificial Intelligence startups xAI and Anthropic raised a combined $9 billion in funding last month, with xAI raising $5 billion and Anthropic raising $4 billion.
  • Other significant funding rounds included Tricentis with $1.3 billion, LogicMonitor with $800 million, and Insider with $500 million.
  • Physical Intelligence, a startup developing brains for robots, raised $400 million at a $2 billion valuation, led by Jeff Bezos, Lux Capital and Thrive Capital.
  • Data security startup Cyera raised $300 million at a $3 billion valuation, led by Accel and Sapphire Ventures, bringing its total funding to $760 million since its founding in 2021.
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