The article also mentions a few significant global deals, with the largest being a $500M Series B round raised by Germany-based AI startup Aleph Alpha. The sectors that dominated the funding rounds were health and biotech, with half of the startups on the list belonging to these industries. The data was sourced from the Crunchbase database, which tracks the largest announced funding rounds raised by U.S.-based companies.
Key takeaways:
- The largest startup funding deals of the week included Enable with $120M, May Mobility with $105M, and Wonder with $100M. The sectors that dominated were health and biotech, finance, autonomous vehicles, and food delivery.
- Despite no huge funding rounds last week, there were several $100 million-plus deals and a number of mid-sized financings. Half of the list was made up of health and biotech related startups.
- Outside the U.S., the biggest funding round went to Germany-based AI startup Aleph Alpha, which raised a $500 million Series B. The company allows businesses to develop and deploy large language and multimodal models.
- The data for these funding rounds was tracked from the Crunchbase database for the seven-day period of Nov. 4 to Nov. 10. The database includes most announced rounds, but there may be a small time lag as some rounds are reported late in the week.