The article also highlights some global deals, with the largest round of the week going to Ireland-based TechMet, a critical minerals investment company, which raised a $200 million venture round. The data for these funding rounds was sourced from the Crunchbase database, which tracks the largest announced rounds raised by U.S.-based companies.
Key takeaways:
- The largest startup funding deal in the U.S. for the week of August 12 to August 18 was clinched by biotech startup Abcuro, which raised $155 million in a Series B financing round.
- Teamshares, a fintech startup that aims to make small businesses 80% employee-owned within 20 years, raised $124 million in a Series D round.
- Artificial intelligence startup Anthropic, which has raised more than $1.4 billion in the last 16 months, secured another $100 million in funding from SK Telecom.
- Crypto custody firm BitGo raised a $100 million Series C at a $1.75 billion valuation, marking only the sixth nine-figure raise in the crypto sector this year.