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The Biggest Non-AI Related Rounds Of 2024

Jan 03, 2025 - news.crunchbase.com
The article provides a summary of the largest startup funding deals in 2024 for U.S.-based companies not primarily focused on artificial intelligence. Epic Games and Generate Capital both raised $1.5 billion, tying for the top spot. Other significant rounds include Tricentis with $1.3 billion, Wiz with $1 billion, and Pacific Fusion with $900 million. The list also highlights substantial investments in sectors like renewable energy, cybersecurity, healthcare, food delivery, quantum computing, and energy.

Additionally, the article mentions notable global deals from non-U.S.-based startups, primarily from China, including Avatr, ChangXin Memory Technologies, and Zhiji Automobile, each raising over $1 billion. The methodology for the list involved tracking the largest announced rounds in the Crunchbase database for U.S.-based companies not tagged as AI-related in 2024.

Key takeaways:

  • Epic Games and Generate Capital both raised $1.5 billion, tying for the largest non-AI startup funding deals in the U.S. in 2024.
  • Tricentis secured a $1.3 billion investment from GTCR, marking a significant funding round in the DevOps sector.
  • Wiz, a cloud security startup, raised $1 billion, making it the largest cybersecurity funding round of the year.
  • Pacific Fusion raised over $900 million in a Series A round, highlighting investor interest in energy sources to support AI's power needs.
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